Baidu, once China's generative AI leader, is battling to regain its position
1. Baidu launched new AI models to regain market competitiveness. 2. New reasoning model claims performance parity with DeepSeek's R1 at half the price. 3. Baidu's Ernie chatbot has struggled to gain widespread adoption. 4. Company shifts towards open-source strategy due to competitive pressures. 5. Baidu's extensive user data may sustain its market leadership despite competition.