New Energy Vehicles (NEVs) in China

4Runner said:

I don't know. To be fair, 李彦宏 has been pretty good in spotting a technological trend early on, but also has been a laggard in scaling out his business. From autonomous driving to AI LLM etc., he disappointed lots of investors. On the other hand, to be fair, there has been no serious challenger to Baidu since Google pulled out of China. So, seriously, no, DeepSeek is an exception. DeepSeek, Qwen, HW, Tecent, Kimi, now Baidu, it is pretty crowded already.

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Bing is better than baidu.

4Runner said:

Could you elaborate?

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Baidu used to be one of the three largest technology companies in China, also known as BAT (Baidu, Alibaba, Tencent), but now its market value is not even a fraction of the other two, and B has become ByteDance(the TicTok). There is a reason for this. All of Baidu's businesses are killing the goose that lays the golden eggs, without exception. Moreover, this company is particularly good at hype. Although they do always have insight into the trend of the times, their corporate culture determines that this company cannot achieve much real results.

4Runner said:

Could you elaborate?

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The actual performance of Baidu's LLM isn't as good as they hype it to be. Take thisernie 4.5, for example—its real capability is just an unstable GPT-4o equivalent. Below is a very reliable ranking of Chinese LLM evaluations. The author has already tested the ernie 4.5, but hasn't updated the results on the list yet.