Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with a strong Internet foundation, will virtually host its annual flagship technology conference Baidu World on July 21.
Centered on the theme of “Deepening AI innovation for social growth“, the conference will explore the possibilities of AI across various fields, revealing Baidu’s latest developments in autonomous driving, AI Cloud, large-scale AI models, and more.
Baidu to announce a major advance in autonomous driving
As the mass-production unit price of autonomous cars continues to decrease, robotaxi service is poised to begin large-scale deployment. In June 2021, Baidu released its fifth generation robotaxi Apollo Moon, bringing the cost of mass-production down to RMB 480,000 per unit, only one-third of the cost of average L4 autonomous vehicles. In the first quarter of 2022, Baidu’s robotaxi ride-hailing platform Apollo Go has provided 196,000 rides and is now available in ten cities. This year’s Baidu World will witness a key step forward in Baidu’s progress towards its goal of providing autonomous driving services to more users.
A new version of Kaiwu is to be unveiled on Baidu AI Cloud
In 2021, Baidu AI Cloud launched its industrial Internet platform Kaiwu, enabling the intelligent transformation of industries with the help of AI. In less than a year since its launch, Baidu AI Cloud Kaiwu has risen to hold the second-largest market share in providing regional industrial Internet service in China, according to the latest report by IDC.
This year’s Baidu World will feature the unveiling of an updated version of Kaiwu. In addition, Baidu AI Cloud will release an update tailored to local-level implementation helping bring the power of intelligence to farmland and rural villages.
Baidu to release new AI model customized for key industry
The Baidu digital human family, including DuXiaoxiao and Xijiajia, will showcase AIGC (AI-Generated-Content) abilities such as conversation and painting at the conference. The rapidly maturing creative capability of Baidu’s digital humans is driven by Baidu’s solid foundation in machine learning, powered by PaddlePaddle, Baidu’s deep learning platform, and Baidu’s large-scale knowledge enhancement models.
Baidu’s large-scale AI models are expanding the range of possibilities and lowering the threshold of AI development and application. At Baidu World 2022, Baidu will release a new large-scale AI model customized for a key industry with rising potential to boost efficiency.
