Eric Xu, Baidu co-founder and investor, is in the news as Huawei unveils its latest AI hardware, highlighting China's push in AI chip tech.
Chinese tech firms, including Cambricon and Huawei, are advancing their AI chip and supercomputer efforts to reduce reliance on US technology. Cambricon's stock surged on demand for domestic AI processors, while Huawei plans to launch powerful superclusters in 2026-2027, reflecting China's push for tech self-sufficiency.