BIDU(US:BIDU) Zhi Tong Cai Jing·2025-09-16 14:29Core Viewpoint - Baidu (BIDU.US) shares rose over 3% to $118.54 following the announcement of a strategic cooperation agreement with China Merchants Group, focusing on advanced AI technologies and various industries [1] Group 1: Strategic Cooperation - On September 15, China Merchants Group and Baidu signed a strategic cooperation framework agreement in Shenzhen [1] - The collaboration will focus on cutting-edge AI technologies such as large models and cloud computing, targeting sectors like sci-tech industry, transportation logistics, comprehensive finance, and real estate [1] - The agreement signifies a new phase in the partnership between the century-old state-owned enterprise and the globally leading AI company, aiming for resource sharing and mutual development [1] Group 2: Industry Impact - The strong alliance between Baidu and China Merchants Group is expected to promote the deep integration of advanced AI technologies with the real economy [1] - This partnership is anticipated to inject significant momentum into the intelligent upgrade of China's industries [1]