Baidu Leads the Way in Innovation with 5,712 Artificial Intelligence Patent Applications

Written by Customer Service on . Posted in Public Companies.

BEIJING, Dec. 07, 2019 (GLOBE NEWSWIRE) — Baidu, Inc. (NASDAQ: BIDU) has filed the most AI-related patent applications in China, a recognition of the company’s long-term commitment to driving technological advancement, a recent study from the research unit of China’s Ministry of Industry and Information Technology (MIIT) has shown.
Baidu filed a total of 5,712 AI-related patent applications as of October 2019, ranking No.1 in China for the second consecutive year. Baidu’s patent applications were followed by Tencent (4,115), Microsoft (3,978), Inspur (3,755), and Huawei (3,656), according to the report issued by the China Industrial Control Systems Cyber Emergency Response Team, a research unit under the MIIT.“Baidu retained the top spot for AI patent applications in China because of our continuous research and investment in developing AI, as well as our strategic focus on patents,” said Victor Liang, Vice President and General Counsel of Baidu.“In the future, we will continue to increase our investments into securing AI patents, especially for high-value and high-quality patents, to provide a solid foundation for Baidu’s AI business and for our development of world-leading technology,” he said. The report showed that Baidu is the patent application leader in several key areas of AI. These include deep learning (1,429), natural language processing (938), and speech recognition (933). Baidu also leads in the highly competitive area of intelligent driving, with 1,237 patent applications, a figure that surpasses leading Chinese universities and research institutions, as well as many international automotive companies. With the launch of the Apollo open source autonomous driving platform and other intelligent driving innovations, Baidu has been committed to pioneering the intelligent transformation of the mobility industry.After years of research, Baidu has developed a comprehensive AI ecosystem and is now at the forefront of the global AI industry. Moving forward, Baidu will continue to conduct research in the core areas of AI, contribute to scientific and technological innovation in China, and actively push forward the application of AI into more vertical industries. Baidu is positioned to be a global leader in a wave of innovation that will transform industries.About Baidu
Baidu, Inc. is the leading Chinese language Internet search provider. Baidu aims to make the complicated world simpler for users and enterprises through technology. Baidu’s ADSs trade on the NASDAQ Global Select Market under the symbol “BIDU.” Currently, ten ADSs represent one Class A ordinary share.Media Contact
Intlcomm@baidu.comA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/300812be-c1a6-44c4-af8c-fbc0a0613019

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.