Baidu Inc. plunged its most in additional than a 12 months after a report linked its Ernie AI platform to key army analysis, spurring issues about retaliation from Washington.

The search engine agency, usually thought of considered one of China’s leaders in synthetic intelligence improvement, fell as a lot as 10% Monday, deepening losses from US buying and selling Friday. Traders in Hong Kong cited a South China Morning Post report about how a college affiliated with the People’s Liberation Army’s Strategic Support Force — which oversees cyberwarfare — had examined its AI system on Baidu’s ChatGPT-like Ernie.