Baidu, headquartered in Beijing, is a Chinese language internet search provider employing 39,800 people, offering search and AI services through its Baidu Core and iQIYI segments. The company went public on August 5, 2005.
BIDU has been in the news recently: Baidu, Inc. is planning to spin off its AI chip subsidiary Kunlunxin and list it on the Hong Kong Stock Exchange, anticipating over $500 million in revenue. Global investors are closely watching Baidu as it makes significant advancements in its artificial intelligence sector amidst rising interest in AI innovation.
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