Li Qu joins Baidu:
Since its establishment, the search engine firm, Baidu has rapidly developed and grown to become among the best companies in China. The growth rate of the firm increased drastically last year after the Company hired Li Qu. Li Qu who served as a veteran in Microsoft coo before joining Baidu has steered the firm into great achievements in the sector of artificial intelligence which has led to the increase in the firm’s profit margin for a year. Baidu China hired Li Qu to replace the former CEO, Andrew Ng deep learning who had decided to retire for personal reasons. When Li joined, Baidu China, the Company had made substantial losses which her as a result of the departure of the former CEO. Qu Li’s arrival to Baidu China was a good sign for the Company because of his expertise in the vast field of technology and more so artificial intelligence.
Achievements of Li Qu:
To help the Baidu Company recover from the Losses and reclaim the lost Baidu image, Li Qu came up with strategies for raising finances for example, by selling the Company’s spin-off investments. Moreover, Li Qu placed primary focus on the growth and improvement of Baidu’s platform that focused on the auto drive cars. Li Qu also added other features like Baidu’s auto answer mobile which explicitly designed for Amazon.
The exit of an Al executive:
Li Qu who has led the Al team which focuses on Baidu research and artificial intelligence at Baidu has left the firm after a year of service. Baidu news on the exit of Li Qu has a considerable impact on the firm’s performance in the hugely competitive market. It is because the Al executive places primary focus on the trends in the field of artificial intelligence and future expectations of the clients. These are the skills which he has used for the last one year to keep Baidu China on the top layer in the list of companies involved in artificial intelligence. The departure may lead to a decrease in the focus that the firm gave to the Al project which for the last one year has been the primary contributor to its success. Wang Haifeng who has been appointed by Baidu as a replacement for Li Qu as both the Al group manager and the entire Company’s vice president is under enormous pressure as there have been reports of a drastic decrease in profits margins of Baidu. The reduction in the profit margin has been speculated to be a result of the public’s loss of faith in Baidu after Li Qu’s departure. Therefore Wang is shouldered with the responsibility of retrieving the firm’s lost glory. Robin Li who is a chief executive as Baidu China, as well as the Company’s founder, believes that Li Qu has set a firm foundation for Wang and thus he believes that the profit margins of Baidu China will not decrease.
Baidu’s AL group new manager:
Wang joined Baidu in 2010 and has for the last several years been in search of Baidu’s search products. These skills will come in handy in improving the quality of services in the Al group. Therefore there is tremendous anticipation that Baidu a China will have a breathtaking transformation which will be as a result of improvement in Baidu’s core products which mostly hail from the Al projects. Moreover, with the 3 to the power of 3 initiative, the future of Baidu China will be tremendous, and soon Baidu search, and News engine will be among the largest firms in the globe.