Li Yanhong Celebrates Baidu's Growing AI Influence and Smart Glasses Unveiling

Tuesday, 12 November 2024, 11:32

Li Yanhong showcases Baidu's impressive AI user growth alongside the launch of its new smart glasses. This demonstrates Baidu's commitment to innovation in the competitive Chinese market. The company's Ernie Bot is increasingly popular, handling over 1.5 billion API calls daily.
Scmp
Li Yanhong Celebrates Baidu's Growing AI Influence and Smart Glasses Unveiling

AI User Growth Surges

Baidu's CEO Li Yanhong reported significant growth for its Ernie Bot. At the Baidu World 2024 conference, he noted the AI model now manages more than 1.5 billion API calls per day, markedly up from 200 million in May. This surge underscores Baidu's pivotal role in China’s competitive landscape.

Launch of Smart Glasses

During the same event, Baidu introduced Xiaodu AI Glasses, integrating advanced AI capabilities into a wearable format. This aligns with trends initiated by major players like Meta and Ray-Ban, amplifying consumer interest in tech wearables.

AI in Diverse Industries

Li highlighted the extensive deployment of AI across various sectors, impacting over 100 industries. By leveraging Qiaocang and Qianfan, Baidu aids businesses in developing tailored AI solutions, emphasizing its ongoing commitment to drive revenue through AI innovations.

Market Challenges and Future Outlook

Despite AI advancements, Baidu's stock faced a 23.5% drop this year, closing at US$88. Nevertheless, the firm’s focus remains on enhancing its operational capacity and diversifying its offerings.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe