Baidu to Reveal Latest Updates for Autonomous Driving, AI Cloud, Large AI Model at Baidu World 2022
Baidu, Inc. (NASDAQ: BIDU) will host its annual Baidu World conference virtually on July 21, 2022, focusing on the theme of Deepening AI innovation for social growth. The event will highlight Baidu's advancements in autonomous driving, AI Cloud, and large-scale AI models. Key announcements include a new large-scale AI model tailored for a specific industry and an update to the Kaiwu platform, which has rapidly gained market share in China's industrial Internet sector. Baidu's Apollo Go platform, having provided 196,000 rides, is set for expanded robotaxi deployment.
- Baidu's Apollo Go platform provided 196,000 rides and is available in ten cities.
- The new generational robotaxi unit price decreased to RMB 480,000, significantly lowering production costs.
- Baidu AI Cloud's Kaiwu gained the second-largest market share in regional industrial Internet services in China.
- A new large-scale AI model customized for a key industry will be unveiled, potentially enhancing operational efficiency.
- None.
BEIJING, July 15, 2022 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with 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 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 service to more users.
New version of Kaiwu 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) ability 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.
Some of the executives and AI leaders hosting the sessions will include:
Robin Li, Co-Founder and CEO of Baidu
Dr. Haifeng Wang, Chief Technology Officer of Baidu
Dr. Dou Shen, Executive Vice President of Baidu and General Manager of AI Cloud Group
Zhenyu Li, Senior Corporate Vice President of Baidu and General Manager of Intelligent Driving Group
Jackson He, Senior Corporate Vice President of Baidu and General Manager of Mobile Ecosystem Group
Kun Jing, Corporate Vice President of Baidu and General Manager of Smart Living Group
The livestream of the event will be available starting at 9AM Beijing Time on July 21 via LINK, and will also be livestreamed on XiRang, Baidu's metaverse platform. Highlights in English will be shared on Baidu's official Twitter, Facebook and YouTube.
For more information on the event, please visit Baidu World official website.
About Baidu
Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation. Baidu is traded on the NASDAQ Global Select Market under the symbol "BIDU", and on the main board of the Hong Kong Stock Exchange under the stock code "9888". Currently, one ADS represents eight Class A ordinary shares.
Media Contact
Intlcomm@baidu.com
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SOURCE Baidu, Inc.
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