BofA Securities reaffirms its Buy rating for Baidu, highlighting the company's AI advancements.

Baidu's AI chat tool, Ernie Bot, reaches 200M users; its AI Cloud platform is used by 85,000 enterprises for 190,000 AI applications.

The company is facilitating AI adoption by introducing zero/low-code development tools and five new versions of Ernie.

Analyst Miranda Zhuang notes Baidu's efforts will likely reduce costs and enhance computing efficiency for AI.

Baidu's Model Routing technology optimizes computing by directing requests to the most efficient AI model.

The introduction of Wanyuan, an intelligent computing operating system, aims to boost model training efficiency.

Baidu's Baige Heterogeneous Computing platform enables model training across various chips, enhancing overall efficiency.

Despite BofA's Buy rating, Seeking Alpha gives Baidu a Hold rating, though other authors and analysts rate it as Buy or Strong Buy.