Baidu boasts strong AI user growth alongside launch of first smart glasses

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Baidu boasts strong AI user growth alongside launch of first smart glasses

South China Morning Post11-12

Baidu CEO Robin Li Yanhong touted strong user growth for its Ernie large language model (LLM) at the company's annual conference where it debuted a pair of artificial intelligence (AI)-powered smart ...

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Baidu, a pioneer in China's AI market that launched Ernie Bot in March 2023, is going up against Big Tech rivals such as Alibaba Group Holding and Tencent Holdings, along with numerous start-ups such as fundraising darlings Moonshot AI and Zhipu AI. Alibaba owns the South China Morning Post.Among the new offerings are a pair of glasses with a built-in AI assistant, a product category popularised by a team-up between Meta Platforms and Ray-Ban that has become a growing trend in China. 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Baidu, a pioneer in China's AI market that launched Ernie Bot in March 2023, is going up against Big Tech rivals such as Alibaba Group Holding and Tencent Holdings, along with numerous start-ups such as fundraising darlings Moonshot AI and Zhipu AI. Alibaba owns the South China Morning Post.\nDo you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\n\nBaidu founder and CEO Robin Li Yanhong speaks at the Baidu World 2024 conference in Shanghai. Photo: Baidu alt=Baidu founder and CEO Robin Li Yanhong speaks at the Baidu World 2024 conference in Shanghai. Photo: Baidu>\nBaidu is starting to reap the benefits of AI while revenue from its more traditional online services has been falling. The company said AI-driven growth helped stabilise its financials in the second quarter, but it did not provide any details. Revenue from online ads, its main source of income, fell 2 per cent year on year to 19.2 billion yuan (US$2.7 billion).\nThe company is keeping its AI financials close to its chest even as it courts business for those services. The theme of the Baidu World 2024 conference is \"applications are here\", highlighting the ways in which its AI has been deployed across more than 100 industries, from education to manufacturing.\nLi emphasised the role of AI agents, which he referred to as \"carriers for content, information, and services in the AI-native era\". For instance, Baidu's enterprise-facing AI agent Qiaocang, which was on display at the venue, enables businesses to create customised agents. These AI agents can serve as customer service bots and sales assistants, helping to boost conversion rates and analyse customer demographics.\nBaidu's Qianfan, another platform, has helped corporate clients train 33,000 AI models and develop 770,000 applications, Li said.\nAmong the new offerings are a pair of glasses with a built-in AI assistant, a product category popularised by a team-up between Meta Platforms and Ray-Ban that has become a growing trend in China. Baidu's Xiaodu AI Glasses will hit shelves in the first half of next year.\nBaidu also used the event to launch a programming tool called Miaoda, which allows for software programming using natural language. Li said the tool enables everyone to turn ideas into reality without needing to write any code.\nBaidu's Nasdaq-listed shares have dropped 23.5 per cent this year, closing at US$88 on Monday, before the Baidu World kicked off in Shanghai.\nThis article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2024 South China Morning Post Publishers Ltd. All rights reserved. \nCopyright (c) 2024. South China Morning Post Publishers Ltd. 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