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Baidu to Focus on Artificial Intelligence Following Medical Ad Scandal

Sep 07, 2016 04:46 PM EDT

Chinese tech giant Baidu has announced that it is be shifting its focus towards the development of its artificial intelligence platform and other related technologies. The company said that the decision to pursue this market is to forge a new revenue stream following the fallout of the medical ad scandal that mired the company's online advertising business.

Baidu Faces Hard Times as Profit Continues to Dwindle

Phenny Lynn Palec |

Sep 05, 2016 10:34 AM EDT

Baidu, despite holding a near monopoly on the Chinese Internet search business, is facing hurdles as the company's growth shrinks and regulatory agencies are piling pressure on it. Moreover, Baidu is also spending a lot of cash in several acquisitions and deals as part of the company's effort to diversify its profits.

Baidu Drops Drone Project to Focus on Artificial Intelligence

Phenny Lynn Palec |

Aug 30, 2016 06:07 PM EDT

Last year, Chinese tech giant Baidu, under its Baidu Takeaway brand, launched a new courier food delivery service that uses drones instead of people. Recently, Baidu announced that it is dropping its Takeaway service, as well as several other projects related to it.

Baidu Unveils Smart Marketing Platform

Phenny Lynn Palec |

Aug 09, 2016 10:11 AM EDT

Chinese tech giant Baidu has announced that it is launching a smart marketing lab. This new project will focus on accelerating the company's marketing and advertising efforts through the use of artificial intelligence and augmented reality technology.