BIDU-SW (09888.HK)  +1.700 (+1.344%)    Short selling $263.28M; Ratio 24.338%   Chairman and CEO Robin Li stated that the landscape of large foundation models is evolving rapidly. In both China and the world, participants continue to launch new models. Model capabilities will keep advancing quickly, Li opined, and strong in-house foundation model capabilities remain indispensable. Therefore, BIDU-SW will continue to firmly invest in its ERNIE foundation model.

Looking ahead, Li said Baidu will continue to iterate its ERNIE foundation model around core application scenarios, including AI search, digital humans and intelligent agents. The goal is to build the strongest capabilities in the most critical areas of demand, such as continuously enhancing the model's understanding of user intent and its content quality evaluation capabilities, enabling AI search to deliver more accurate, higher-quality and more intelligent results.

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He added that Baidu will also enhance coding capabilities to better support programming tasks, allowing users to build applications through natural language. As programming capabilities become increasingly critical in the AI era, this will be a key area of input for Baidu. In addition, the company will continue to improve the ERNIE foundation model's ability to identify optimal solutions in complex real-world scenarios, helping enterprises across industries enhance operational efficiency.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

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