Baidu
TOPIC
 / company

Baidu

(百度)

Baidu
Baidu
百度
Baidu operates the largest and most widely used search engine in China. It also offers maps, translation and e-commerce and operates a music-streaming service and a mobile app market. Baidu owns a majority stake in iQIYI, dubbed China’s answer to Netflix. The company also invests heavily in autonomous driving and artificial intelligence.
Chairman / President
Robin Li
CFO / Finance Director
Rong Luo
Industry
Internet
Website
baidu.com
Headquarters address
Beijing, China
Stock Code
NASDAQ: BIDU
SEHK:9988
Year founded
2000
last updated:
27 August, 2024
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Artificial intelligence

The ‘AI Olympics’ gets new hurdles in Canada as US-China tech war plays out

Chinese researchers and companies such as ByteDance made up a greater share of the 37-year-old AI conference this year, but some could not secure visas.

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Apple

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Alibaba

Alibaba splits AI team to sharpen consumer and business focus

It follows similar moves by ByteDance and Baidu, which have divided their AI research and application teams to tackle a competitive market.

Alibaba is reportedly splitting up its generative AI team. Photo: EPA-EFE
Artificial intelligence

Baidu, Alibaba, Tencent executives serve on new Chinese AI standards committee

The committee marks a major milestone after MIIT and other government agencies announced plans for 50 sets of AI standards by 2026.

Electric & new energy vehicles

Chinese EV maker Jiyue to cut operations in bid to stay in brutal race

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Artificial intelligence

Baidu launches AI assistant to help write essays on communist party ideology

The AI tool can search content from President Xi Jinping’s articles and quotes, and ensure the information is ‘checked and verified’.

A book by Chinese President Xi Jinping, The Governance of China Volume 4, is displayed at a bookstore in Beijing, August 1, 2022. Photo: EPA-EFE
Artificial intelligence

1 in 6 people in China use generative AI, government figures show

Chinese tech giant Baidu’s Ernie Bot is the most frequently used GenAI product by domestic users, with an 11.5 per cent share.

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Artificial intelligence

Baidu’s 3rd-quarter revenue falls 3% as economic woes hit ad spending

The internet search giant pulled in US$4.6 billion in the September quarter, with a decline in online marketing outpacing AI growth.

The logo of Baidu seen during the World Internet Conference in Wuzhen on November 23, 2020. Photo: Reuters
Artificial intelligence

Baidu cuts self-driving vehicle costs to US$34,525 as mass production ramps up

Baidu chief executive Robin Li said the RT6 is now the world’s only mass-produced Level-4 autonomous driving vehicle.

Baidu says the RT6 is the world’s only mass-produced, Level-4 autonomous-driving vehicle. Photo: AP
Hong Kong transport

Tech giant Baidu applies to launch autonomous vehicle trials in Hong Kong

Baidu, which operates driverless taxis across the border in Wuhan, wants to test autonomous vehicles at Hong Kong airport.

US-China tech war

China’s tech firms fear bigger curbs as TSMC stops AI chip supply

A wider shipment ban on TSMC-made chips could affect a range of mainland businesses from electric vehicles to smartphones.

Artificial intelligence

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

At Baidu World 2024, where it announced the new Xiaodu AI Glasses, CEO Robin Li said the Ernie model now sees 1.5 billion API calls per day.

A Baidu sign seen at the World Artificial Intelligence Conference in Shanghai on July 6, 2023. Photo: Reuters
SCMP Highlights

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Demand for AI talent continues to surge in China. Photo: AFP
Artificial intelligence

The fight for AI talent heats up in China

The scarcity of AI talent has set off a recruitment battle, with companies offering above-average pay to woo the right candidate.

Autonomous vehicles

Chinese self-driving truck start-up Autra.tech scales down operations

Financing issues and potential US sanctions prompt Autra.tech to cut salaries of staff, cancel new development and suspend delivery orders.

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Alibaba

Alibaba cuts ‘dozens of employees’ at metaverse unit as sector’s hype cools down

The lay-offs affected Alibaba metaverse unit Yuanjing’s operations in Shanghai and Hangzhou, according to a report.

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Alibaba’s move to downsize its metaverse workforce reflects how other major tech companies are pulling back resources from the sector. Photo: Shutterstock
Electric & new energy vehicles

Transformers: the rise of smartphone makers in China’s EV arena

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IPO

Horizon Robotics’ shares jump 28% in Hong Kong trading debut

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Apple

Tim Cook returns to China as Apple Intelligence roll-out remains uncertain

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Apple chief executive Tim Cook poses for a selfie with famous Chinese photographer Chen Man in Beijing. Photo: Weibo
Electric & new energy vehicles

When it comes to EVs, Chinese consumers are spoiled for choice

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Illustration by Brian Wang
Autonomous vehicles

Baidu eyes global markets for self-driving cars as Tesla gears up for robotaxis

Baidu’s Apollo Go completed about 899,000 rides in the three months to June this year, a year-on-year increase of 26 per cent.

ByteDance

TikTok owner ByteDance launches US$170 AI earbuds in China

The Ola Friend earphones are linked to ByteDance’s self-developed chatbot, Doubao, currently China’s most popular GenAI app.

China stock market

Mistimed exits cost key investors US$3 billion in China’s stock rally

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A Walmart store in Landover, Maryland. Photo: AFP
Artificial intelligence

Chinese self-driving tech firms pull out of US amid rising geopolitical tensions

Total distance driven by Chinese autonomous cars on public roads in California dropped almost 74 per cent in the 12 months to November 2023.

Didi’s autonomous driving cars have performed open road tests in China and the US. Photo: Handout
Tencent

Tencent cashes in on Futu as China boosts economic stimulus

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China stock market

Wall Street jumps on China stocks after Beijing wields stimulus ‘big guns’

Chinese stocks are on a tear, and prominent figures including billionaire investor David Tepper and Goldman Sachs’ Scott Rubner are all in.

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