Baidu's stock surged 5.04% during the night session, marking a significant upward movement for the Chinese technology giant.

The price increase follows positive analyst attention at the World Artificial Intelligence Conference in Shanghai, where Baidu's general-purpose AI agent, DuMate, was highlighted among notable AI products. Analysts noted that China is making progress in embedding artificial intelligence into tangible applications and physical systems, shifting from the digital world to physical applications in various sectors.

Baidu's DuMate, which can search for information, write code, and build applications, represents the company's continued innovation in the AI space as it seeks to capitalize on the growing integration of AI into real-world applications.