- Baidu is currently competing with Alibaba and Tencent in China
- Baidu Co-Founder, CEO and Chairman Robin Li is seeing India as an opportunity for areas such as artificial intelligence
- They are rapidly advancing their AI capabilities, challenging US tech leaders like Google and Amazon
According to a recent report by Analytics Insight, Chinese search engine giant Baidu is looking to work with Indian institutes as the company looks for local expertise in AI.
Baidu Co-Founder, CEO and Chairman Robin Li is seeing India as an opportunity for areas such as artificial intelligence.
On his first-ever visit to India, Li mentioned that the company is looking to work with Indian institutions in the future to make a better world through innovation.
Fastest-growing smartphone market
He further noted that India is one of the fastest-growing smartphone markets in the world, and a very large developing country, right next to China. Both countries have been growing at a fast pace in the last few decades. And for the next decade, we will be more optimistic.
He told the news daily that once they transform the search into a different product, they will be ready to launch that internationally. Baidu is currently competing with Alibaba and Tencent in China. They are rapidly advancing their AI capabilities, challenging US tech leaders like Google and Amazon.
He added that the previous decade was that of the Internet but the coming decade is that of the intelligent economy with new modes of human-machine interaction.
Robin elaborated that each student can have a personal assistant and in the pharma industry, organizations can expedite the pace of drug development with startups that already doing this.
AI is also transforming transportation by reducing traffic delays by 20-30 percent. He added that when everything about you can be digitised, computers can learn all about you, creating a digital copy of anyone.
