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DeepNewz, mobile.
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Baidu's stock price surged in Hong Kong following reports of potential AI collaboration with Apple, as Citron Research maintained a $200 target price. However, Baidu denied the collaboration, leading to a 5% drop in its stock price. Apple and Google's talks about AI deals could impact antitrust issues in the AI space.
A source close to @Apple has denied the speculated collaboration between Apple and @Baidu_Inc on #AI, indicating that no formal cooperation agreement has been established yet. https://t.co/6fNn7DmbXh
🚨BREAKING: $BIDU #Baidu denies reports of #AI collaboration with $AAPL #Baidu now down 5% in Hong Kong Narrator: wait so Tim Cook-ing lied? Again? https://t.co/crW7gL4bXl https://t.co/Vhvj9v9fYi
#Baidu slid over 5% in HK on report denying collaboration between Baidu, Apple https://t.co/haGgRmRP6L https://t.co/uh8T77Fpq6