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BIDU Jun 2025 120.000 call
| Previous close | 13.57 |
| Open | 13.51 |
| Bid | 12.00 |
| Ask | 13.05 |
| Strike | 120.00 |
| Expiry date | 2025-06-20 |
| Day's range | 13.00 - 13.51 |
| Contract range | N/A |
| Volume | |
| Open interest | 510 |
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China's AI providers are slashing prices after TikTok-owned ByteDance unveiled new AI models that it claimed cost 99% less than the competition.
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In a major move, Alibaba Group Holding Ltd (NYSE:BABA) slashed prices on its artificial intelligence services by up to 97%, prompting immediate reactions from competitors Baidu Inc (NASDAQ:BIDU) and ByteDance Ltd. This aggressive pricing strategy is expected to ignite a price war in China's emerging AI sector. Baidu responded soon with free services based on its Ernie AI models, shortly after Alibaba announced price cuts on nine products utilizing its Tongyi Qianwen technology. ByteDance had alr
