Robin Li is the co-founder, Chairman and Chief Executive Officer of Baidu. He is responsible for the company's overall business strategy and operations. In the 11 years since founding Baidu with Eric Xu, Robin has turned the company into China’s largest search engine, with over an 80% market share. Baidu also ranks as the second largestindependent search engine in the world. In August 2005, Baidu was listed on the NASDAQ stock exchange, and in December 2007 became the first Chinese company to be listed on the NASDAQ-100 Index.
As chairman, CEO, and co-founder of Baidu, Robin Li is in charge of the company’s overarching strategy and day-to-day operations. Since the company’s founding in January 2000, Mr. Li has held the positions of CEO since February 2004 and chairman since then. Mr. Li was a pioneer in the search sector, having worked as an engineer for Infoseek, and a senior consultant for IDD Information Services, before starting his own business. At present, Mr. Li is a board member of New Oriental Education & Technology Group Inc., a Chinese private supplier of educational services (NYSE: EDU; SEHK: 9901). Mr. Li graduated with a master’s degree in computer science from the State University of New York at Buffalo and a bachelor’s degree in information science from Peking University.
2023
The founder and CEO of Baidu, Robin Li, spoke at the Shenzhen 2023 X-Lake Forum about the recent growth of the AI sector in China. According to him, the Ernie Bot big model’s API calls have grown exponentially since the model’s launch on August 31. “Over 200 major models are produced in the country; they rank and appear on our list, but their real usage is rather modest. According to Robin Li, “the usage of Ernie Bot’s large model alone surpasses the combined usage of these over 200 large models.”
Additionally, Robin Li discussed the three “drivers” of the AI-native age. The first is an explosion of AI-native apps, propelled by strong underlying models. The second is an open attitude that embraces the AI era, and CEOs and other high-ranking officials must lead this. A flourishing ecosystem of AI-native apps is the third, and it will propel economic expansion. He said that 238 big models had been introduced in China as of October 2023. “Too many big models exist, but not enough native AI applications have been created to use them.It would be a huge waste of resources to keep creating enormous, simple models.
Latest news about Robin Li
Chinese tech giant Baidu has outperformed Q3 revenue expectations, highlighting its strategic commitment to artificial intelligence (AI) as a key driver for future growth. The company’s Q3 financials revealed a revenue of 34.45 billion yuan ($4.72 billion), slightly exceeding analysts’ estimates. The robust performance is primarily attributed to a surge in advertising income, coinciding with positive indicators of economic recovery in China. Baidu’s diversified portfolio, including self-driving vehicles and generative AI, has contributed to its success.
