The Chinese New Year’s Eve Gala was surprising as Chinese AI made an spectacular debut for 40 seconds.
Baidu has released their Q4 2017 financial report and unaudited 2017 annual financial report. In Q4, Baidu earned RMB 23.6 billion ($3.62 billion), up 29 percent year-over-year.
Baidu released their Q4 2017 and full year 2017 financial reports today. According to the reports, iQIYI had applied for listing to the U.S. Securities and Exchange Commission, and Baidu will remain iQIYI’s top shareholder post-listing.
After a chilling 2016, the capital markets became more rational in 2017. The overall trend remains unclear, but investors seem willing to back projects that show clear rewards. This has led to broad heavy investment, creating more unicorns than previous years.
How does Robin Li view the past year? Baidu’s founder, chairman and CEO gave a detailed answer at the Geek Park Innovation Conference 2018.
Robin Li appeared on the cover of Time (Asia Edition). And the magazine cover photo was quickly spread in WeChat Moments on the early morning of January 19. This moment motivated Baidu, as this is the first time that a Chinese Internet entrepreneur has appeared on the cover of Time.
Wang Jingao, head of Apollo research and development, announced at the Baidu World Conference in Las Vegas today that Apollo 2.0 is officially open.
The Baidu Research and Development Center in Sunnyvale, California opened two months ago. It is Baidu’s third research center in the US and Baidu’s second office in Silicon Valley. Unlike the first two centers, this one is focused on its most competitive area of research: autonomous driving in the AI field.
Competition in the field of driverless cars is intense, and Baidu is suing its former senior executive.
Baidu and Huawei announced strategic cooperation in artificial intelligence on December 21. Baidu voice, visual recognition and other artificial intelligence technologies will be used in Huawei phones. In addition, Baidu’s content ecology will also conduct in-depth cooperation with Huawei mobile phones.