HONG KONG (Reuters) - China's Baidu ( BIDU ) 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...

HONG KONG, March 16 (Reuters) - China's Baidu ( BIDU ) 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,...

March 15 (Reuters) - A fire that was sparked by Ukraine's drone attack on Friday at the Tuapse oil refinery in Russia's Krasnodar region has been contained but not yet extinguished, the region's administration said late on Saturday. The fire has been contained to an area of 1,250 square metres (13,500 square feet), the administration said in a post on...

NEW YORK, March 13 (Reuters) - For the first time in over a year, the U.S. stock market is in a correction. The question now is whether the slide is set to get worse. The benchmark stock index closed down more than 10% from its February 19 closing high, meeting the widely used definition of a correction. The S&P 500's...