BEIJING, July 2, 2020 /PRNewswire/ -- Baidu, Inc. (NASDAQ:BIDU) recently announced that
it will increase its investments in cloud computing, AI education,
AI platforms, chipsets, and data centers in the coming ten years as
part of its efforts to construct "new infrastructure" for the smart
economy of the future.
Under the plan, Baidu aims to have 5 million intelligent cloud
servers by 2030 and train 5 million AI professionals within 5
years, which will help facilitate the widespread application of AI
in transportation, city management, finance, energy, health care,
and manufacturing to eventually achieve industrial
intelligence.
"New infrastructure--which encompasses emerging technologies
like AI, cloud computing, 5G, IoT, and blockchain--will be the
driver for China's economic
development in the coming decades," said Baidu Chief Technology
Officer Haifeng Wang, underscoring
the importance of the plan.
"As a world-leading AI platform company, Baidu is well
positioned to make large contributions to the development of new
infrastructure in China, which
will support the implementation of AI applications in different
industries."
The investment plan will see Baidu deploy 5 million intelligent
cloud servers by 2030, an ambitious target that would create a
combined computing capability equal to seven times the total
calculable computing power of the world's existing top 500
supercomputers.
Viewing human capital as a core component of new infrastructure,
Baidu also intends to train 5 million AI professionals in the next
five years. Baidu has been working with more than 200 leading
universities in China to develop
courses related to AI and deep learning and has already trained
more than 1 million AI experts.
As a developer of both AI infrastructure and AI
applications, Baidu is well-positioned to contribute to building
new style infrastructure, which is at the core of China's "New Infrastructure" policy to
accelerate economic growth and industrial upgrade.
Baidu has more than 7,000 published AI patent applications in
China, the highest in the
country. The AI open platform Baidu Brain has made available
more than 250 core AI capabilities to over 1.9 million developers,
while PaddlePaddle, the largest open-source deep learning platform
in China, services 84,000
enterprises. Baidu's Kunlun and Honghu AI chips are among the
highest preforming AI chips and are built for a wide range of
scenarios. Baidu Cloud is China's
leader in public cloud and AI cloud services with more than ten
data centers across the country.
This new infrastructure is already allowing Baidu to lead the
intelligent transformation of different industries. Baidu's smart
finance products serve nearly 200 financial institutions, while
Baidu's intelligent healthcare prouducts are deployed at more than
300 hospitals and 1500 grassroots medical institutions. Baidu Brain
for Cities is already in place in Chongqing, Suzhou, and other cities,
supporting more intelligent city management. Baidu's new
investments will enhance its ability to rollout AI applications in
these scenarios, as well as in manufacturing, energy, and
transportation.
About Baidu
Baidu, Inc. is a leading search engine, knowledge and
information centered Internet platform and AI company. The
Company's mission is to make the complicated world simpler through
technology. Baidu's ADSs trade on the NASDAQ Global Select Market
under the symbol "BIDU". Currently, ten ADSs represent one Class A
ordinary share.
Media Contact
Intlcomm@baidu.com
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SOURCE Baidu, Inc.