Baidu Releases First Large Model in Quantum Field and AI Native Applications


Tencent AI assistant Marvis launches a 'Custom Model' feature, letting users connect third-party models like Tencent Cloud, Alibaba Cloud, DeepSeek, Minimax, Kimi, Zhipu, Xiaomi, and local open-source models, with cross-device sync.....
Baidu announced on Aug 27 to convert its HK secondary listing to dual primary listing, effective Sep 1, 2026, becoming the first full-stack AI dual-primary listed firm on Nasdaq and HKEX. No new share issuance or fundraising; cash/investments hit RMB283.1B by end-June 2026; operating cash flow positive for 4 quarters. Earliest Stock Connect inclusion likely Sep 7.....
Zhipu AI released GLM-5.3-Flash, also known as the mysterious model Ox-Alpha from the open-source community. As the first native multimodal model in the GLM-5 series, its performance rivals global top-tier flagship models, and it redefines industry competition rules with its disruptive pricing and fully domestic computing infrastructure.
The internal test interface of Tencent's new generation large model Hy4 has been exposed, with its release imminent. The interface shows that Tencent continues its strategy of self-research and open source, offering three options: the expert-level large model Hy4, the newly upgraded Hy3 suitable for most scenarios, and DeepSeek, which focuses on reasoning and understanding. Hy4 is the focus of this upgrade.
Baidu Q2 2026 revenue: 31.3B yuan; core revenue 25.2B yuan, AI accounted for 50% for two straight quarters. CEO says Baidu is accelerating AI-first transformation. AI cloud revenue 7.3B yuan (+50% YoY); GPU cloud +283% YoY, triple-digit growth for 4 quarters. IDC: Baidu AI Cloud leads in finance/gaming.....