Baidu Open-Sources ERNIE 5.5 Flash Base; US Shares Rise Over 2% Premarket

Cointime update: Baidu open-sourced its latest base model, ERNIE 5.5 Flash Base, on November 5, sending its Hong Kong shares up more than 5% at close and its US shares up over 2% in premarket trading. The model uses a Mixture-of-Experts architecture with 280 billion total parameters and 140 billion activated per token, and posts state-of-the-art results among same-size models on benchmarks covering knowledge, reasoning, math, code, multilingual and long-context tasks.