Baidu to Overhaul Business Model, to Focus More on Artificial Intelligence

#artificialintelligence 

Baidu is planning to shift its focus to Artificial Intelligence (AI).(Photo Baidu Inc. is planning to overhaul its business model, shifting from its current search oriented model to one that focuses on'artificial intelligence.' Baidu CEO Li Yanhong said in a company's internal letter on Tuesday that this change will help the company to develop new products in areas such as search, automatic translation, and driverless vehicles. Industry observers say that the shift in business model will likely affect the company's short-term profitability. Li also promised to put more emphasis on user experience and set up a department to weed out any action or behavior that damages its user' experience.

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