Chinese search engine giant Baidu brushed off recent company troubles to paint a bullish picture of its investments in AI-driven industries including autonomous driving and smart cities amid slowing growth in its mature search business.
The AI-driven smart economy will bring revolutionary changes to human-machine interactions, IT infrastructure and create many new forms of business, Baidu’s chief executive Robin Li said on Sunday at the plenary session of the sixth World Internet Conference (WIC) in Wuzhen, east China’s Zhejiang province.