Baidu HK shares surge to 5-mth high on release of new Ernie AI models

Investing.com-- Hong Kong-listed shares of Baidu Inc (HK:9888) surged to a five-month high on Tuesday after the company unveiled two new advanced artificial intelligence (AI) models, ERNIE 4.5 and ERNIE X1, claiming they outperformed leading AI players.

ERNIE 4.5 is a "native multimodal" model capable of processing and integrating various data types, including text, images, audio, and video, the company said on Sunday in a statement.

Baidu asserted that ERNIE 4.5 outperforms OpenAI’s GPT-4.5 on multiple benchmarks while being priced at just 1% of its American competitor’s rate.

ERNIE X1, Baidu’s first dedicated reasoning model, is designed for complex problem-solving tasks requiring deep logical analysis, the company said.

Baidu claimed that ERNIE X1 delivers performance on par with DeepSeek R1 at only half the price. 

Hong Kong-listed shares of the company jumped 10.8% to HK$102 as of 05:26 GMT, their highest since mid-October 2024.

U.S.-listed Baidu (NASDAQ:BIDU) shares closed 9.1% higher at a five-month peak on Monday.

 

 

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