Baidu unveiled four AI upgrades to its flagship app on October 30, claiming search has achieved recursive self-evolution and undercutting DeepSeek's search API price at 4.9 yuan per thousand calls. The event frames Baidu's push to turn search into an AI-native product.
Baidu has open-sourced Unlimited OCR 2, a document-reading model that can parse an unlimited number of pages in one pass. In a demo it processed all seven Harry Potter books, over 3,600 pages, while cutting memory use sharply.
Baidu has previewed its Baidu World 2026 conference with more than ten forums on how companies should reorganize around AI rather than just buy tools. The event lands as Chinese firms push AI adoption from single tasks into management and workflow change.
Hong Kong's Hang Seng Index closed up 0.37% on Wednesday at 24,613.27, though it fell 3.7% over September. AI model developers Zhipu and MINIMAX led gains, while internet names like Kuaishou and Meituan also rose.
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