Baidu, Inc. Sets Stage for Future of AI at Baidu Create Developer Conference
Baidu, Inc., a leading player in AI and internet technology, is gearing up to host its annual AI developer conference, Baidu Create, on April 16th at the Shenzhen World Exhibition and Convention Center. With the theme Create the Future, the conference aims to spearhead new AI technologies and models, making a significant leap in empowering developers to craft AI-native applications with greater efficiency.
At the helm of this innovative thrust is Baidu's Co-founder, Chairman, and CEO Robin Li, who is set to deliver his first major public speech of the year. The spotlight is on the company's dedication to equipping developers with cutting-edge AI tools, emphasizing the melding of general AI capabilities with industry-specific expertise. Li will unveil Baidu's new lightweight AI models—ERNIE Speed, ERNIE Light, and ERNIE Tiny—demonstrating how these can be leveraged alongside larger models for faster responses and reduced inference costs.
Baidu's strategy is clear: to democratize AI development, making it accessible even to those without programming expertise. The conference will also showcase three AI toolkits designed to streamline agent development, AI application development, and model customization.
With over 20 industry forums, more than 30 open AI development classes, and a 3,000-square-foot AI interactive experience area, plus an AI music festival, Baidu Create promises a full day of immersive engagement. To ensure global participation, the event will be live-streamed from 9:30 AM to 12:00 PM Beijing Time.
Baidu, established in 2000, has been at the forefront of AI technology, making remarkable strides across various sectors. The company enjoys a strong market presence, being publicly traded on NASDAQ and the Hong Kong Stock Exchange.
Baidu's Financial Health and Market Position
As Baidu, Inc. prepares for Baidu Create, the financial landscape watches keenly. InvestingPro data reveals Baidu's strong financial foundation, boasting a market capitalization of $84.1 million USD and a low price-to-earnings (P/E) ratio of 7.13. This suggests that the company might be undervalued relative to its earnings potential—a noteworthy point for investors.
The company's dedication to AI innovation and growth is underscored by its profitability over the past twelve months and its ability to sustain dividend payments for an impressive 24 consecutive years. This financial steadiness and Baidu's position as a significant figure in the Trading Companies & Distributors industry illustrate its standing as a commendable investment option in the tech sector, particularly for those seeking stability in the rapidly evolving AI marketplace.
Analyst comment
Positive news.
As Baidu hosts its annual developer conference, it aims to spearhead new AI technologies and models, empowering developers to craft AI-native applications with greater efficiency. Baidu’s dedication to equipping developers with cutting-edge AI tools will democratize AI development. With a strong financial foundation and profitability, Baidu remains a commendable investment option in the tech sector. Expect increased innovation and growth in the AI marketplace.
