$BIDU-SW (09888.HK)$ Chairman and CEO Li Yanhong revealed during the third quarter earnings call in 2024 that baidu will release a new version of the Wenxin large model early next year to solidify its leading advantage in basic models. Li Yanhong mentioned that as of November, the daily invocation volume of the Wenxin large model has reached 1.5 billion, processing tokens text exceeding 1.7 trillion daily. Compared to the 50 million daily invocation volume disclosed a year ago, it has grown 30 times.

Li Yanhong stated that baidu App's AI function has covered nearly 70% of its monthly active users, with users who interact with AI spending more time. The total daily interaction can reach tens of millions. In baidu search, currently over 20% of search results pages cover AI-generated content. He also revealed that in September of this year, the monthly active users of baidu Wenku's AI function exceeded 50 million, with an annual growth of over 300%. User willingness to pay is continuously increasing, with Wenku's subscription revenue in the third quarter growing by 23% year-on-year.