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318 Baidu CEO: Only 1% of AI Companies Will Emerge as Winners

The Information
Juro Osawa @ The Information 2 place · 10/17/2024 11:54 EDT

Baidu CEO Robin Li compared the current artificial intelligence frenzy to the dot-com bubble of the late 1990s, and predicted that only 1% of AI companies will eventually stand out and become huge. “A bubble is kind of inevitable when you pass the stage of initial excitement,” said Li, speaking ...

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