Baidu's fourth quarter 2023 financial report shows that its intelligent cloud business has grown strongly, and large models have contributed significant incremental revenue to the cloud business. Baidu is actively deploying in the MaaS market, launching Qianfan AppBuilder and Qianfan ModelBuilder, and continues to improve the performance and application scope of the Wenxin model, with daily calls exceeding 50 million times. These data reflect Baidu’s continued investment and phased results in the field of artificial intelligence, and also indicate its huge potential in the field of AI in the future.
The fourth quarter and full-year financial reports of 2023 show that Baidu Smart Cloud's total revenue in the fourth quarter was 8.4 billion yuan, of which large models brought about 660 million yuan in incremental revenue to the cloud business. It is expected that by 2024, this incremental revenue is expected to Reaching billions of yuan. Baidu recently launched two MaaS products, Qianfan AppBuilder and Qianfan ModelBuilder. The daily calls of Wenxin's large model have exceeded 50 million times, a quarter-on-quarter increase of 190%. Hu Qimu believes that Baidu’s AI business is the main driver of performance growth, but the deep integration of AI and manufacturing is still in its infancy, and Baidu needs to cooperate with manufacturing companies.
The rapid growth of Baidu's AI business is impressive, but it also faces the challenge of the deep integration of AI and traditional industries. In the future, Baidu needs to further strengthen cooperation with various industries in order to better transform the advantages of AI technology into commercial value and achieve sustainable development. Continuing to pay attention to Baidu's innovation and development in the field of AI will help us better understand the trends in future artificial intelligence technology applications.