Apple's mobile phone will be equipped with Baidu's AI technology, and Baidu's artificial intelligence A-share partners have these
Finance Associated Press, March 24 (edited by Ruoyu Yu Qi) According to a report by the Wall Street Journal on Friday evening, Apple is looking for a local generative AI provider in China, and Apple has discussed the use of Baidu's artificial intelligence technology in Chinese devices. Stimulated by the good news, Baidu's U.S. stocks rose more than 6% in the pre-market on Friday. The reporter of "Science and Technology Innovation Board Daily" also learned from people familiar with the matter that day that Baidu Wenxin Yiyan will upgrade its version next month, and it will also open up the ability to write long texts, and the text range will be 2 million to 5 million. At present, the text limit of Wenxin Yiyan is roughly 28,000 words.
Xu Yingbo and others of CITIC Securities said in a research report on September 8 last year that from the perspective of AI technology system, Baidu is one of the few companies in China with a full-stack self-research layout in the field of AI. Zhou Lingya of Minmetals Securities further pointed out in a research report on July 11 last year that Baidu has four layers of artificial intelligence capabilities and key self-developed technologies leading the industry at all levels, from Kunlun chips, paddle deep learning platforms, Wenxin large models to applications.
Among them, Baidu Wenxin Yiyan, which is regarded by the industry as China's version of ChatGPT, was officially released on March 16 last year. At that time, it caused waves in the secondary market, ChatGPT concept stocks rose sharply on the same day, and the 360 of the same self-developed large model products rose intraday to hit the daily limit, Wondershare Technology rose more than 17% intraday, and Tom Cat rose more than 8% intraday. It is reported that the subsidiary of Wondershare Technology has obtained the API interface of Wenxin Yiyan. Tom Cat also said on the interactive platform in April last year that the company's Edraw software has officially become the first batch of ecological partners of Baidu Wenxin Yiyan.
Baidu founder Robin Li said on March 9 that in Chinese, Wenxin Model 4.0 has surpassed GPT-4. In the past year, the number of Wenxin Yiyan users has exceeded 100 million, the Wenxin model has been upgraded to version 4.0, and the reconstructed Baidu library and other AI native applications have also achieved various data indicators. According to Yin Yanji and others of Huaan Securities in the research report on March 12 last year, including Hand Information, Zhewen Internet, Zhongke Jincai, Hang Seng Electronics, UFIDA Network, Xinzhi Software, Donghua Software, Geer Software, ArcherMind Technology and other listed companies are the first batch of ecological partners of Baidu Wenxin Yiyan. Yin Yanji and others believe that in the long run, the selection of Wenxin Yiyan's relevant beneficiary targets needs to be combined with variable scene scenes, realizable business models and traffic entrances.
As Baidu's strength in the field of artificial intelligence has gone from strength to strength, Baidu's generative AI is becoming a new engine for the company's growth. According to Baidu's financial report for the fourth quarter and full year of 2023 released on February 28, the company's total revenue last year reached 134.6 billion yuan, and the net profit attributable to Baidu was 28.7 billion yuan, a year-on-year increase of 39%, of which the net profit attributable to Baidu in the fourth quarter was 7.8 billion yuan, a year-on-year growth rate of 44%. According to the company's performance meeting, the total revenue contribution of Gen AI to Baidu Intelligent Cloud in 23Q4 was 656 million yuan, accounting for 14%/4.8% of the internal/external revenue ratio respectively. Hou Bin and others of Great Wall Securities said in a research report on March 18 that the development of AI technology can help Baidu effectively improve the eCPM of its advertising business, effectively build AI solutions for customers, and drive the increase of cloud computing business revenue, and the commercialization process of Gen AI is expected to continue to accelerate. According to Baidu, AI is expected to contribute billions of yuan in incremental revenue in 2024.
According to incomplete statistics from the Financial Associated Press, more than 10 A-share listed companies, including Beixinyuan, ZTE, iSoftStone, Huayang Lianzhong, China Great Wall, Aofei Data, Runjian Co., Ltd., Sugon, Yakang Co., Ltd., Yimikang, Power Source, and Torch Core Technology, disclosed that they had cooperated with Baidu in the field of artificial intelligence on the interactive platform, as shown in the following figure:
Specifically, in terms of computing power, Alpha Data said on the interactive platform on February 5 that it has a long-term cooperative relationship with Baidu and other outstanding companies in the AI industry, and the company's cooperative data center resource project with Baidu in Guangzhou has begun to be delivered. It is worth mentioning that Alpha Data closed on Friday with a 20cm limit.
In terms of servers, ZTE said on the interactive platform on March 5 that it is the mainstream supplier of Baidu servers, and in terms of Wenxin Yiyan, Sugon said on the interactive platform on February 28, 2023 that the company is the first batch of partners of Baidu Wenxin Yiyan, providing high computing power support for the industrial application and ecological construction of Wenxin Yiyan.
In addition, Xia Jun and others of Guosheng Securities also pointed out in a research report on March 19 that the AI native era has opened, and Baidu has released more than ten AI native applications based on Wenxin Yiyan reconstruction of Baidu search, such as streams, maps, network disks, and libraries, and the large model will also optimize Baidu's autonomous driving capabilities. According to public information, Guoguang Electric is a supplier of artificial intelligence voice interaction hardware. The company has repeatedly stated on the interactive platform that Baidu is the company's customer, and the company has carried out in-depth cooperation with Baidu on a number of projects, among which AI+IOT products represented by smart audio are one of the company's key cooperation directions, and the company pays close attention to ChatGPT, Wenxin Yiyan and other generative AI technologies in the revolutionary upgrade of human-computer interaction experience. In addition, Shanghai Huibo, a subsidiary of Huibo Yuntong, cooperates with Baidu Brain to provide AI-related technical services for customers in a variety of industries.
(Finance Associated Press, Ruoyu, Yu Qi)