Baidu shares jump 10% following release of new open-source AI models
1. Baidu's shares rose 10.7% due to new AI model releases. 2. The ERNIE X1 model claims performance matching DeepSeek's R1 at lower cost. 3. Baidu aims to regain AI leadership amid stiff competition from rivals. 4. Open-sourcing the new models could strengthen Baidu's market position. 5. Analysts warn Baidu's success depends on model performance and pricing.