Uber and Baidu soon want to offer robotaxi services outside China and the USA. A newly signed strategic partnership provides for thousands of Baidu's

Baidu snapped a four-day losing streak on Tuesday, jumping 8.65 percent to close at $93.30 apiece following news that it partnered with ride-hailing giant Uber Technologies Inc.

Shares of Baidu ( BIDU -7.45%) charged sharply higher on Tuesday, surging as much as 9%. As of 12:46 p.m. ET, the stock was still up 8.5%. The catalyst that sent the Chinese tech giant higher was a high-profile partnership for its self-driving car platform.

Asian sales of bonds that can be turned into shares have soared in 2025, heading toward multiyear highs, as interest rates remain elevated and rallying stocks create the right conditions for this corner of the market to thrive.

Baidu’s search engine upgrades are its most significant changes in a decade. The AI features include longer queries, voice search, and image input.

For a company long defined by proprietary development, this move is a symbol of a broader technological undercurrent sweeping across China: from innovation to diffusion.