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Baidu CEO says Wenxin Yiyan has 200M users, domestic market to top 26B.

TraderKnows
TraderKnows
04-17

As ChatGPT gains global popularity, China's AI industry is also developing and competing. Currently, several manufacturers have launched their own AI services, with Baidu's Wenxin Yiyan being one of the leading options available.

At a recent conference in Shenzhen, Baidu Group CEO Robin Li announced that Baidu's AI "Wenxin Yiyan" has now surpassed 200 million users. Despite fierce competition in China, it has firmly established itself as the leading chatbot in the country.

Compared to internationally renowned conversational AI like GPT, China's development started relatively late, with a formal announcement in March last year and opening to the public in August. However, its growth has been rapid, reaching 100 million users in just four months and surpassing 200 million users in another four months, demonstrating a strong momentum.

At the conference, Robin Li also disclosed some internal data, revealing that the Wenxin Yiyan API is called up to 200 million times daily, and over 50 million queries are processed each day, indicating high user engagement. Additionally, Wenxin Yiyan is actively cooperating with enterprises, with the number of corporate customers using it growing to 85,000.

Wenxin Yiyan, as one of the first batch of eight officially approved AI technologies in China, is highly regarded and valued by the company. Robin Li boldly predicted in the February earnings call that AI would contribute significantly to this year's revenue.

Currently, several AI technologies are being developed domestically, and this emerging market is undoubtedly a hotly contested area among many companies, including Alibaba's "Moon's Dark Side." Although entering the market relatively late, its chatbot Kimi also shows strong momentum.

According to Barclays, China's AI market is expected to grow significantly in the coming years, surpassing $26 billion by 2026, a significant increase from last year's figure of less than $15 billion.

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