Top 10 AI News You Shouldn’t Miss

6. Baidu, Inc. (NASDAQ:BIDU)

Number of Hedge Fund Holders: 54

Baidu, Inc. (NASDAQ:BIDU) is a Chinese internet giant that specializes in artificial intelligence (AI) and internet services. On December 14, the South China Morning Post reported that China’s Ministry of Industry and Information Technology (MIIT) has announced the establishment of an “artificial intelligence (AI) standardization technology committee”. Comprising executives from tech giants Baidu, Alibaba Group Holding, Tencent Holdings, and Huawei Technologies, the 41-member committee has been formed to make and revise standards for different AI vertical markets, including assessment and testing, data sets, large language models (LLMs), and application development management. The move itself is part of an aspiring three-year plan to lead the nation’s work on setting AI standards and boosting national computing power.