Baidu Releases Wenxin Large Model 4.0 and Generative Business Intelligence Products

Baidu officially launched the Wenxin large model 4.0 today and opened invitation testing. Baidu founder Robin Li stated that this is the most powerful Wenxin large model to date, with significant improvements in understanding, generation, logic, and memory capabilities, with an overall level comparable to leading products in the industry.

At the same time, Baidu also launched a generative business intelligence product called "Baidu GBI." This product supports natural language interaction, cross-database analysis, and knowledge learning, capable of shortening tasks that originally took data analysts several days to complete to just a few minutes.

Li Yanhong revealed that multiple core products of Baidu, such as search, maps, and cloud storage, have been reconstructed based on AI large models. He emphasized that generative AI and search are a highly compatible combination.

Industry experts predict a bright future for the generative AI market. IDC expects global spending on generative AI to reach $143 billion by 2027, growing at a rate far exceeding that of overall AI spending, and is 13 times the growth rate of global IT spending during the same period. From 2023 to 2027, the compound annual growth rate for generative AI solutions is expected to be 73.3%.

At the same time, major tech companies are布局ing in the AI field. PwC has partnered with OpenAI to provide AI-generated consulting advice to clients. A video editor under a short video platform has launched an AI advertising tool for enterprises, including script generation, business templates, and other functions.

In the retail sector, the application of generative AI is becoming increasingly widespread. Surveys show that 91% of retailers in Australia and New Zealand are increasing their investments in AI to meet the changing demands of consumers.

In addition, the smart home appliance giant Midea plans to launch a smart home large model next year, aiming to enhance the user interaction and autonomous decision-making capabilities of smart home appliances. The model is currently undergoing related reporting processes.