Baidu announced its financial report for the third quarter of 2024 yesterday, showing total revenue of 33.6 billion RMB, a 3% decrease compared to the same period last year. In terms of net profit, Baidu's net profit attributable to the company was 7.6 billion RMB, while the non-GAAP net profit was 5.9 billion RMB. During the subsequent earnings conference call, Baidu's senior management, including Chairman and CEO Li Yanhong, President of the Mobile Ecosystem Group Luo Rong, President of the Intelligent Cloud Group Shen Dou, and Acting CFO He Junjie, provided detailed insights on the highlights of the report.

Baidu announced today its financial report for the third quarter of 2024. The data shows that the company's total revenue reached 33.6 billion yuan in the three months ending September 30, a decrease of 3% compared to the same period last year. In terms of net profit, Baidu's net profit attributable to the company was 7.6 billion yuan, while the net profit calculated according to non-GAAP was 5.9 billion yuan.

Baidu's Chief Technology Officer Wang Haifeng announced at the 'Baidu World 2024' conference that the user base of Wenxin Yiyan has reached 430 million. Since its launch on March 16 last year, Baidu's Wenxin large model has undergone continuous upgrades, with technologies such as knowledge enhancement, retrieval enhancement, and intelligent agents continually evolving. Wang Haifeng detailed the latest technological advancements and applications of the Wenxin large model, including retrieval-enhanced text-to-image technology, the no-code product Miaoda, and Wenxin Fast Code, among others.

At the 2024 Baidu World Conference held at the Shanghai Expo Center, Li Yanhong, founder, chairman, and CEO of Baidu, announced an impressive achievement: the daily call volume of the Wenxin large model has exceeded 1.5 billion, a figure that has grown by more than 7.5 times in the past six months.

On November 12, 2024, the Baidu World Conference grandly opened at the Shanghai World Expo Center. The conference included a main forum, four sub-forums, and over thirty sessions of public courses on artificial intelligence. Baidu's founder, Robin Li, delivered a speech titled 'Applications Have Arrived' at the main forum, introducing Baidu's latest technological breakthroughs and application achievements in the field of artificial intelligence, while also providing an in-depth discussion on future industry trends.

Baidu AI's Wenxin Yiyuan AI painting technology has received a major upgrade, now supporting one-click generation of images in multiple aspect ratios, greatly simplifying the image preparation process for new media. The professional version of Wenxin Yiyuan AI painting technology allows users to input the desired image aspect ratio, and the system can automatically generate images in multiple sizes, covering various needs within a width-to-height ratio of 2:1. For example, simply adding the aspect ratio term '3:4' to the prompt will prompt the system to generate images of the corresponding size. This technology not only improves work efficiency but also enhances visual effects, significantly benefiting new media.

According to a report by Bloomberg, Baidu Inc. will officially launch a pair of smart glasses with a built-in AI assistant at the upcoming annual Baidu World Conference, aiming to compete with Meta's Ray-Bans. These glasses will not only strive for innovative functionality but also offer users a completely new smart experience. The conference will be held next week in Shanghai, and as China's leading search engine and a long-term investor in AI, Baidu is naturally attracting significant industry attention. Insider sources reveal that these glasses will be equipped with...

According to insider sources, Baidu is set to unveil a new smart glasses product at the Baidu World Conference in Shanghai next week. These glasses will feature a built-in camera for capturing photos and videos, and will provide voice interaction capabilities based on Baidu's Wenxin large model. In the wave of global AI commercialization, 2024 has already seen the birth of multiple AI hardware products. While Humane's Ai Pin has not performed well, Microsoft's Copilot+ PC series has gained market recognition. Notably, Meta is collaborating with Ray-Ban's manufacturer.

Baidu Input Method announces a comprehensive upgrade of its all-scenario AI writing assistant 'Super Writing', integrating a variety of functions such as AI writing, AI chatting, and AI intelligent Q&A, enhancing its comprehensive strength as an AI input method product. In addition, Baidu Input Method has also launched new multimodal creation features like 'Text-to-Image', further improving users' content creation experience in different scenarios.

Baidu's official account recently announced that the 2024 Baidu World Congress will be held on November 12 in Shanghai. This congress is Baidu's most important annual technology and product launch event, having been held continuously since 2006 for 18 years. Last year, Baidu's founder, Li Yanhong, introduced the Wenxin Large Model 4.0 at the congress, showcasing Baidu's new AI applications including search, maps, document library, and cloud storage under the theme 'Hands-On Guide to Creating AI Native Applications'. The Wenxin Large Model leads in usage domestically, with daily invocation exceeding 700 million times, compared to last year.

On September 25, Baidu Wenxin Kuai Ma topped the rankings of two major evaluation organizations, Sullivan and SuperCLUE. The '2024 AI Code Generation Market Observation Report - Milestone' published by Sullivan in collaboration with the TOPO Research Institute shows that Baidu Wenxin Kuai Ma ranks first across eight important dimensions, including technological foundation, application implementation, and product maturity, making it the product with the most first-place awards among all participating vendors. On the same day, the domestic evaluation organization SuperCLUE released the 'Chinese Native Code Assistant Evaluation Benchmark List', in which Baidu Wenxin Kuai Ma also achieved high marks.

At the Baidu Cloud Smart Conference held on September 25, 2024, Baidu Intelligent Cloud announced a series of significant upgrades for enterprise AI applications, aimed at helping businesses utilize large models more efficiently and economically. These upgrades include version 4.0 of the Baijie AI Heterogeneous Computing Platform and version 3.0 of the Qianfan Large Model Platform, as well as a comprehensive update of AI native application products such as the Code Assistant, Intelligent Customer Service, and Digital Humans.

At Baidu's Cloud Intelligence Summit in 2024, Baidu Smart Cloud took center stage as its Qianfan Large Model Platform announced a successful upgrade to version 3.0. This announcement signifies a major advancement for Baidu in the AI field. According to Baidu, the daily call volume of its Wenxin large model has exceeded 700 million, a figure that not only reflects its widespread application but also shows its popularity in the market. The Qianfan Large Model Platform from Baidu Smart Cloud has made breakthroughs in the number of models and has helped users fine-tune 30,000 large models.

At the 2024 Baidu Cloud Intelligence Conference, Baidu Smart Cloud announced that the Qianfan Large Model Platform has successfully upgraded to version 3.0 and released its latest 'report card'. The platform has assisted users in fine-tuning 30,000 large models and developing over 700,000 enterprise applications, with the daily call volume of the Wenxin large model exceeding 700 million. To meet the needs of enterprises in the large model industry, Qianfan Large Model Platform 3.0 has undergone comprehensive upgrades on multiple levels. The platform now supports calls to nearly a hundred domestic and international large models, including the Wenxin series.

Beijing Baidu Network Technology Co., Ltd. and Beijing Zhiyuan Artificial Intelligence Research Institute announced today the formal signing of a strategic cooperation agreement, under which the two sides will engage in deep collaboration in large model and other fields, jointly constructing an AI industry-research collaborative ecosystem. Baidu has been comprehensively laying out its artificial intelligence strategy since 2010 and is one of the few companies globally that has fully integrated its AI efforts, from Kunlun chips, PaddlePaddle deep learning platform, Wenxin large model to applications.

As of now, the 'Wenxin Mentor' program has recruited 422 experts from various fields.

During the CCS2024 cybersecurity series event held in Chengdu, Baidu Vice President Chen Yang delivered a keynote speech, sharing how large model technology is driving transformation in the software development field. Chen noted that the understanding, generation, logic, and memory capabilities of large models, when combined with software development, can significantly enhance development efficiency and improve software security.

Baidu AI has recently launched a new feature that allows users to directly import files from Baidu Wangpan into the Wenxin Yiyan platform. This update greatly simplifies the process of uploading and managing files for users, enabling quicker access and processing of various documents stored in the cloud.