financetom
Business
financetom
/
Business
/
Baidu bolsters AI lineup with text-to-image generator, no-code app builder
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Baidu bolsters AI lineup with text-to-image generator, no-code app builder
Nov 11, 2024 8:18 PM

BEIJING (Reuters) - China's Baidu Inc ( BIDU ) unveiled a slew of new applications for its artificial intelligence technology on Tuesday, including a text-to-image generator and a tool that enables users to develop software applications without coding expertise.

The country's leading search engine company is among tech firms shifting their focus to the commercialization of large language model (LLM) applications after nearly two years of heavy investment in research and development in models that they tout as alternatives to OpenAI's GPT.

At the annual Baidu World Conference, CEO Robin Li introduced I-RAG, a text-to-image technology that leverages Baidu's ( BIDU ) search capabilities to address the "hallucination" issue, referring to the generation of images that deviate from the input text or contain non-existent elements.

Li said the company's Ernie platform now handles 1.5 billion user queries and interactions daily, a significant increase from the 200 million daily requests reported in May.

These interactions include tasks such as generating text, answering questions, and assisting with various applications utilizing AI.

Baidu's ( BIDU ) commercialization efforts have largely revolved around its AI agents, which allow users to create their own applications.

The company has also integrated the technology into its existing product lineup and offering it to external users via its cloud services.

Baidu ( BIDU ) also unveiled a pair of glasses featuring a built-in AI assistant, developed by it hardware division, Xiaodu. The gadget is equipped with cameras to capture photos and videos and supports voice interactions powered by Ernie.

The company is not aiming to create a "super app" based on AI, Li said, signalling a divergence in strategy from other companies such as ByteDance, which has launched multiple standalone AI apps this year.

Baidu ( BIDU ) also introduced Miaoda, which utilizes its LLM capabilities to generate code, allowing users to develop software applications without extensive coding expertise.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Calibre Mining Declines 8%, TD Maintains Buy
Calibre Mining Declines 8%, TD Maintains Buy
Mar 20, 2024
11:53 AM EDT, 03/20/2024 (MT Newswires) -- Calibre Mining Corp. ( CXBMF ) declined 8% on Wednesday. The Vancouver-based mining company announced a $100 Million bought deal financing after market close on Tuesday. We believe this financing should not come as significant surprise given the significant capital required for the ongoing construction of Valentine, which is expected to come on-line...
Hindenburg Research Targets Equinix In New Short Report Claiming Data Center Firm Is Selling 'AI Pipe Dream'
Hindenburg Research Targets Equinix In New Short Report Claiming Data Center Firm Is Selling 'AI Pipe Dream'
Mar 20, 2024
Short seller Hindenburg research has a new company in its crosshairs. What To Know: Hindenburg has targeted data center firm Equinix Inc ( EQIX ) in a new short report published on Wednesday and announced a new short position against the company. The short seller claims Equinix ( EQIX ) inflated its profitability metrics and pitched investors an “AI pipe dream,”...
Why Moderna Shares Are Falling
Why Moderna Shares Are Falling
Mar 20, 2024
Moderna Inc ( MRNA ) shares are trading lower by 2.7% to $102.25 during Wednesday’s session in possible sympathy with BioNTech, which reported worse than expected fourth-quarter earnings. In the fourth-quarter of fiscal year 2023 BioNTech SE reported lower earnings and sales than the previous year. The GAAP EPS was €1.90 (equivalent to $2.04), missing the consensus of $2.64, with...
Analysis-Platinum metals face structural hit to demand from electric vehicle revolution
Analysis-Platinum metals face structural hit to demand from electric vehicle revolution
Mar 20, 2024
LONDON (Reuters) - In the usual way of things, platinum and palladium should be turning higher after a slide from recent peaks drove supply deficits, job cuts and looming mine closures in top producer South Africa. That they're not shows how hard the electric car revolution has hit demand forecasts. Along with close relative rhodium, the two metals are chiefly...
Copyright 2023-2026 - www.financetom.com All Rights Reserved