Baidu (BIDU) Unveils ERNIE 5.5 As Apollo Go Reaches 28 Cities

What happened: Baidu (NasdaqGS:BIDU) unveiled its ERNIE 5.5 foundation model and upgraded AI agents for enterprise users, and introduced a Token Exchange marketplace and a Kunlunxin AI chip roadmap. Apollo Go autonomous driving services now cover 28 cities. Key numbers: Apollo Go covers 28 cities. Why it matters: The article states the rollout supports the view that foundation models, AI cloud infrastructure and in house accelerators can shift Baidu's business mix toward AI driven services and Apollo Go, while advertising weakness and delayed AI search monetisation remain key risks. Market: -3.4% today ($74.20), -48.4% YTD, 0.7x vol — as of 08:45 UTC

Baidu (NasdaqGS:BIDU) unveiled its ERNIE 5.5 foundation model and upgraded AI agents for enterprise users, and introduced a Token Exchange marketplace and a Kunlunxin AI chip roadmap. Apollo Go autonomous driving services now cover 28 cities.

The article states the rollout supports the view that foundation models, AI cloud infrastructure and in house accelerators can shift Baidu's business mix toward AI driven services and Apollo Go, while advertising weakness and delayed AI search monetisation remain key risks. Market: -3.4% today ($74.20), -48.4% YTD, 0.7x vol — as of 08:45 UTC