Baidu Increases Investments in Cloud Computing, AI, Chipsets and Data Centers

To power the rise of industrial Artificial Intelligence (AI), Baidu (NASDAQ:BIDU) has will increase its investments in cloud computing, AI education, AI platforms, chipsets, and data centers in the coming ten years. This investment plan is part of Baidu’s efforts to construct ‘new infrastructure for the smart economy of the future.”

Haifeng Wang
“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,” said Haifeng Wang, Chief Technology Officer (CTO) of Baidu.

Under the plan, Baidu aims to have 5 million intelligent cloud servers by 2030 and train 5 million AI professionals within 5 years. This would help facilitate the widespread application of AI in transportation, city management, finance, energy, healthcare, 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 Haifeng Wang, Chief Technology Officer (CTO) of Baidu. “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.”

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.

AI Open Platform, Baidu Brain

As a public cloud and AI cloud services provider, Baidu Cloud has more than 10 data centers available across China.

Baidu has more than 7,000 published AI patent applications in China. The AI open platform Baidu Brain has made available more than 250 core AI capabilities to over 1.9 million developers, while PaddlePaddle, a large open-source deep learning platform in China, services 84,000 enterprises. Baidu’s Kunlun and Honghu AI chips are built for a wide range of scenarios.

Baidu’s smart finance products serve nearly 200 financial institutions, while Baidu’s intelligent healthcare products 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 are intended to enhance its ability to rollout AI applications in these scenarios, as well as in manufacturing, energy, and transportation.

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