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🤔️小作业：

1. Based on the article, what does the author imply about the competitive landscape in China's AI market?

A. Large multinational corporations can afford advanced AI systems.

B. The high cost of training AI models is preventing smaller companies from entering the market.

C. Lower training costs could eventually benefit companies like Baidu through improved fundamentals.

D. Strict regulations are likely to be imposed.

无注释原文：

Baidu Plans to Make Its AI Chatbot Free

From: The Wall Street Journal

Shares of Baidu surged after the Chinese tech giant announced plans to make its popular ChatGPT-style artificial intelligence chatbot available for free starting April 1, amid growing competition in China's rapidly expanding AI market.

Baidu's Hong Kong-listed shares climbed as much as 12% on Thursday, putting it on track for its largest one-day gain in nearly two years, compared to the Hang Seng Index's 2.6% increase in afternoon trading.

In a WeChat post, the Beijing-based company stated that it would offer its Ernie AI chatbot at no cost to both desktop and mobile users, citing advancements in technology and ongoing cost-cutting efforts.

Baidu additionally launched a deep search function, which will also be free to use from April 1. The function is designed to handle more complex tasks with enhanced reasoning capabilities.

Originally a search-engine company, Baidu became the first in China to launch a ChatGPT equivalent, the Ernie Bot, in 2023.

Baidu's technology chief stated in November that the model had amassed 430 million users.

However, Baidu, along with other players in China's AI sector, is facing increased competition, particularly from DeepSeek.

DeepSeek made waves earlier this year when it revealed it had trained AI models that delivered high performance at a low cost, without relying on the most advanced chips.

Baidu's share price movement reflects “capturing momentum that everything AI in China is leading people to believe that the platforms offering these models will become more popular,” according to Morningstar Asia equity market strategist Kai Wang.

“As people shift to imitate DeepSeek methods, the costs to train the model will decrease and may be reflected in their fundamentals with better cash flow,” he said.

Noting that Baidu's announcement is not a surprise as it has not yet materially monetized its model for personal use, Wang said the move aims to garner “greater traction to its platform for both advertising and enterprise customers.”

- ◆ -

注：完整题目见本文开头；中文文本为华尔街日报官方译文，仅供参考

含注释全文：

Baidu Plans to Make Its AI Chatbot Free

From: The Wall Street Journal

Shares of Baidu surged after the Chinese tech giant announced plans to make its popular ChatGPT-style artificial intelligence chatbot available for free starting April 1, amid growing competition in China's rapidly expanding AI market.

在中国迅速扩张的人工智能（AI）市场竞争日益激烈的背景下，百度（Baidu）宣布计划从4月1日起免费提供其热门的ChatGPT式AI聊天机器人，该公司股价应声大涨。

surge /sɜːdʒ/ 1）作动词，表示“急剧上升；飞涨；剧增”，英文解释为“If something surges, it increases suddenly and greatly, after being steady or developing only slowly.”举个🌰：The company's profits have surged. 公司的利润激增。

2）表示“涌动，蜂拥向前”，英文解释为“to move quickly and powerfully”举个🌰：An angry crowd surged through the gates of the president's palace. 愤怒的人群涌进了总统府的大门。

3）作名词，表示“剧增”，英文解释为“A surge is a sudden large increase in something that has previously been steady, or has only increased or developed slowly.”举个🌰：An unexpected surge in electrical power caused the computer to crash. 突然出现的电压剧增导致电脑死机。

🎬电影《雷神2：黑暗世界》（Thor: The Dark World）中的台词提到：But she will not survive the amount of energy surging within her. 但她体内涌动的能量太大 她撑不住的。

giant /ˈdʒaɪ.ənt/表示“巨头，大公司”，英文解释为“Giant is often used to refer to any large, successful business organization or country.”如：Japanese electronics giant, Sony 日本的电子业巨头——索尼公司。

📍这个词来自希腊神话中的“巨人”（Gigantes），表示在某个领域或行业内非常强大或巨大的实体。

类似的还有：

📍mogul /ˈməʊɡəl/表示“（尤指新闻、影视界的）大人物；大亨”，英文解释为“A mogul is an important, rich, and powerful businessman, especially one in the news, film, or television industry.”如：an international media mogul一位国际传媒大亨。

📍magnate /ˈmæɡneɪt, -nɪt/ 表示“大亨，巨头”，英文解释为“a rich and powerful person in industry or business”

📍tycoon /taɪˈkuːn/ 表示“巨头，大亨（工商界）”，英文解释为“someone who is successful in business or industry and has a lot of money and power”如：property tycoon 房地产大亨。

📍conglomerate /kənˈglɒmərɪt/ 表示“联合大公司；企业集团”，英文解释为“A conglomerate is a large business firm consisting of several different companies.”如：the world's second-largest media conglomerate 世界第二大传媒集团。

📍behemoth /ˈbiːhɪmɒθ/ 表示“巨头（指规模庞大、实力雄厚的公司或机构）”，英文解释为“a very big and powerful company or organization”

📍titan /ˈtaɪ.tən/表示“巨人；巨头”，英文解释为“If you describe someone as a titan of a particular field, you mean that they are very important and powerful or successful in that field.”

Baidu's Hong Kong-listed shares climbed as much as 12% on Thursday, putting it on track for its largest one-day gain in nearly two years, compared to the Hang Seng Index's 2.6% increase in afternoon trading.

百度港股周四一度上涨12%，有望创下近两年来的最大单日涨幅，恒生指数后市上涨2.6%。

list作动词，表示“使（公司）上市；（公司）上市”（If a company is listed, or if it lists, on a stock exchange, it obtains an official quotation for its shares so that people can buy and sell them.）举个🌰：Last month, thirty new companies were listed. 上个月有30家公司上市。

📍relist 重新上市。

📍listing作名词，除了表示“（表册上的）位置，项目”，也有“上市”的含义，英文解释为“a position or an item on a list”举个🌰：The company is seeking a stock exchange listing (= for trading shares). 这家公司正在争取上市。

In a WeChat post, the Beijing-based company stated that it would offer its Ernie AI chatbot at no cost to both desktop and mobile users, citing advancements in technology and ongoing cost-cutting efforts.

这家总部位于北京的公司在微信上发帖称，随着文心大模型的迭代升级和成本不断下降，将于4月1日起免费向PC端和APP端用户提供文心一言（Ernie Bot） AI聊天机器人服务。

cost-cutting /ˈkɒstˌkʌt.ɪŋ/ 表示“削减成本；减少费用”，英文解释为“actions taken to reduce the amount that is spent on a service or within an organization”如：a cost-cutting exercise 削减成本的实践。

Baidu additionally launched a deep search function, which will also be free to use from April 1. The function is designed to handle more complex tasks with enhanced reasoning capabilities.

百度还推出了深度搜索功能，该功能也将从4月1日起免费开放使用。这项功能旨在通过增强推理能力来处理更复杂的任务。

reasoning /ˈriː.zən.ɪŋ/ 表示“推理；推断；推论”，英文解释为“the process of thinking about something in order to make a decision”举个🌰：The reasoning behind her conclusion is impossible to fault. 她得出结论的推理过程无懈可击。

capability /ˌkeɪ.pəˈbɪl.ə.ti/ 表示“能力；才干；水平”，英文解释为“the ability to do something”举个🌰：These tests are beyond the capability of an average twelve-year-old. 这些测试超出了一个普通12岁孩子的能力。

📍词根“cap-”来自拉丁语“capere”，表示“抓取”，“-ability”表示“能力”。想象这个软件有“抓取”并快速处理大量数据的“能力”。近义词：capacity（容量），同根词：capable（有能力的），常用短语：enhance capability（增强能力）

Originally a search-engine company, Baidu became the first in China to launch a ChatGPT equivalent, the Ernie Bot, in 2023.

百度最初是一家搜索引擎公司，在2023年推出文心一言AI聊天机器人，成为首家推出ChatGPT竞品的中国公司。

equivalent /ɪˈkwɪv.əl.ənt/ 1）作形容词，表示“（价值、数量、意义、重要性等）相等的，相同的”，英文解释为“equal in value, amount, meaning, importance, etc.”举个🌰：Eight kilometres is roughly equivalent to five miles. 八公里约等于五英里。

2）作名词，表示“相等的东西；等量；对应词”，英文解释为“a thing, amount, word, etc. that is equivalent to sth else”

Baidu's technology chief stated in November that the model had amassed 430 million users.

百度技术负责人去年11月表示，文心一言用户规模已达到4.3亿。

amass /əˈmæs/ 表示“集聚，积累，大量收集（尤指钱或信息）”，英文解释为“to get a large amount of something, especially money or information, by collecting it over a long period”举个🌰：She has amassed a huge fortune from her novels. 她靠写小说慢慢积攒了一大笔钱。

近义词：

📍accumulate：to gradually get more and more of sth over a period of time 积累；积聚；

📍rack up表示“大量获得（利润）；严重遭受（损失）；（体育中）多次赢得（比赛）”（If a business racks up profits, losses, or sales, it makes a lot of them. If a sportsman, sportswoman, or team racks up wins, they win a lot of games or races.）

However, Baidu, along with other players in China's AI sector, is facing increased competition, particularly from DeepSeek.

不过，百度和中国AI领域的其他参与者都面临越来越激烈的竞争，尤其是来自DeepSeek的竞争。

DeepSeek made waves earlier this year when it revealed it had trained AI models that delivered high performance at a low cost, without relying on the most advanced chips.

DeepSeek今年早些时候引起轰动，当时该公司透露其已训练出低成本、高性能的AI模型，而无需依赖最先进的芯片。

chip /tʃɪp/ 1）表示“炸薯条，油炸土豆条”，英文解释为“a long, thin piece of potato that is fried and usually eaten hot”如：fish and chips 炸鱼加土豆条。

2）表示“（尤指计算机的）集成电路片，芯片”，英文解释为“a very small piece of semiconductor, especially in a computer, that contains extremely small electronic circuits and devices, and can perform particular operations”如：a silicon chip 硅芯片。

Baidu's share price movement reflects “capturing momentum that everything AI in China is leading people to believe that the platforms offering these models will become more popular,” according to Morningstar Asia equity market strategist Kai Wang.

晨星（Morningstar）亚洲股票市场策略师Kai Wang表示，从百度股价走势可以看出该公司乘上了一股东风，那就是中国AI领域的一切发展都让人们相信提供这些模型的平台将更受欢迎。

momentum /məˈmen.təm/ 表示“动量，冲量；冲力；推动力；势头”，英文解释为“the force that keeps an object moving or keeps an event developing after it has started”举个🌰：Once you push it, it keeps going under its own momentum. 一旦你推动了它，它就会在自己的动量作用下持续运动。

equity /ˈek.wɪ.ti/  1）表示“（公司的）股本，股票值；股票”，英文解释为“the value of a company, divided into many equal parts owned by the shareholders, or one of the equal parts into which the value of a company is divided”举个🌰：He sold his equity in the company last year. 他去年卖掉了这家公司的股票。

2）表示“公平；公正”，英文解释为“the situation in which everyone is treated fairly and equally”如：a society based on equity and social justice 建立在公平公正和社会正义基础之上的社会。

📍private equity (PE) 私募股权；私人股本。据百度百科介绍，PE也就是私募股权投资，从投资方式角度看，是指通过私募形式对私有企业，即非上市企业进行的权益性投资，在交易实施过程中附带考虑了将来的退出机制，即通过上市、并购或管理层回购等方式，出售持股获利。

“As people shift to imitate DeepSeek methods, the costs to train the model will decrease and may be reflected in their fundamentals with better cash flow,” he said.

他表示，随着DeepSeek的方法受到更多公司效仿，训练模型的成本将会下降，这可能会体现在公司基本面中，现金流会改善。

imitate /ˈɪm.ɪ.teɪt/ 表示“模仿，仿效”，英文解释为“to behave in a similar way to someone or something else, or to copy the speech or behaviour, etc. of someone or something”

类似的一个词：

📍mock表示“嘲笑；（为了取笑）模仿”，英文解释为“If someone mocks you, they show or pretend that they think you are foolish or inferior, for example by saying something funny about you, or by imitating your behaviour.”举个🌰：I thought you were mocking me. 我以为你在嘲笑我。

🎬电影《消失的爱人》（Gone Girl）中的台词提到：If you need to mock somebody, mock me. 如果你们要嘲弄什么人，嘲弄我。

cash flow /ˈkæʃ ˌfləʊ/ 表示“现金流转；资金流转”，英文解释为“the amount of money moving into and out of a business”如：strong/improved cash flow 强劲的/状况转好的现金流转。

Noting that Baidu's announcement is not a surprise as it has not yet materially monetized its model for personal use, Wang said the move aims to garner “greater traction to its platform for both advertising and enterprise customers.”

Wang指出，百度的声明并不令人意外，因为该公司供个人使用的模型实际上尚未变现。他表示，此举旨在增强其平台对于广告和企业客户的吸引力。

英式 monetise 美式 monetize /ˈmʌn.ɪ.taɪz/ 1）表示“转化为货币；以货币方式表达”，英文解释为“to change something into money, or to express something in terms of money or a currency”举个🌰：Japan is monetizing several trillion dollars of government debt. 日本正把几万亿的政府债务货币化。

2）表示“从…赚钱”，英文解释为“to make money from something”举个🌰：The problem was how to monetize this kind of social networking site. 问题是如何从这样的社交媒体网站上赚钱。

garner /ˈɡɑːnə/ 表示“获得；收集”，英文解释为“If someone has garnered something useful or valuable, they have gained it or collected it.”举个🌰：He has garnered extensive support for his proposals. 他为他的提议赢得了广泛的支持。

📍这个词来自古法语的"gernier"，表示"谷仓"，象征"收集"。近义词：collect（收集），acquire（获得）；常用短语：garner support（获得支持），garner attention（引起关注）

🎬电影《斯隆女士》（Miss Sloane）中的台词提到：But I'll tell you, the reputation you have garnered for yourself, we were just looking for an excuse to engage you. 但实话讲你蜚声于世 我们想找到能打动你的理由。

traction /ˈtræk.ʃən/ 1）表示“拖拉，牵引；牵引力”，英文解释为“the pulling of a heavy load over a surface, or the power used in this”

2）表示“（观点或产品等）变得流行（或被接受）”，英文解释为“the fact of an idea, product, etc. becoming popular or being accepted”举个🌰：In our digital age, it takes less time for new words and phrases to gain traction than it did in the past. 在当前数码时代，新词或词组流行起来要过去快得多。

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