Baidu’s sales stall as it struggles to cash in on AI

Baidu is struggling to shift from search advertising to lucrative AI markets, as its revenue declines amid China’s economic challenges. Despite a competitive AI market, Baidu remains committed to evolving beyond its traditional advertising roots to a future based on advanced AI technologies. OUR TAKEBaidu faces a challenging transition from search advertising to AI-driven revenues…

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Hewlett Packard shares fall on $1.35B convertible stock offering for Juniper buyout

HPE shares fall 6.4% after the company announced a $1.35 billion convertible preferred stock offering to fund the Juniper acquisition. HPE’s $14 billion acquisition of Juniper Networks is aimed at bolstering its AI offerings in response to growing enterprise demand. OUR TAKEHewlett Packard Enterprise (HPE) has announced a $1.35 billion mandatory convertible preferred stock offering…

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