China’s Baidu (9888.HK), opens new tab said on Sunday it has launched two new artificial intelligence models, the multimodal ERNIE 4.5 and a new reasoning-focused model called X1, as it vies to stand out in a fiercely competitive AI race.
Chinese AI startup DeepSeek’s roll-out of AI models which it says is on par with, or even better than, industry-leading models in the United States at a fraction of the cost, has roiled the industry and re-energised the global AI race.
Source: https://www.reuters.com/
