Baidu World 2016 is all about AI; Increase Fair Value Estimate to USD 180
Baidu hosted the 11th Baidu World in Beijing on Sep 1 emphasizing artificial technology, or AI. Robin Li, the CEO of Baidu, believes AI is the next big thing after the Internet, and Andrew Ng, the Chief Scientist of Baidu, said “AI is the new electricityâ€, and Google and Facebook are Baidu’s benchmarks for AI. Baidu Brain is Baidu’s key platform leveraging Baidu’s machine learning, computing capability, and big data. Regarding Baidu’s transaction services, mainly O2O services, Robin said Baidu i...
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