iQIYI's revenue in 2023 is 31.9 billion with a net profit of 2.8 billion; plans to develop AIGC and overseas expansion as new businesses.

Gong Yu, the founder and CEO of iQIYI, emphasized at the Enjoyment Conference that the future development of iQIYI relies on content and technological innovation. With the popularization of AIGC and technological advancements, the long video industry may be disrupted within 3 to 5 years. iQIYI focuses on high-quality and diverse content creation. AI technology will be widely applied in future film and television production, enhancing production efficiency and viewer experience. iQIYI aims to bring more wisdom and joy to audiences through AI technology.