Baidu, Inc. (NASDAQ:BIDU) Q3 2023 Earnings Call Transcript

We didn’t do that. We tried to optimize everything from the infrastructure layer to stream of [ph] layer and to model layer into apps. So, we have invested in this kind of end-to-end optimization approach. Therefore, we can – for the same amount of computing power, we can do training more efficiently, more cost effectively and we can do inferencing faster and cheaper. And as time pass by, I think more and more companies will realize that they don’t need to train their foundation models. They just need to develop AI native apps based on Baidu’s foundation model, which is the best on the market. So, I am really happy that we basically invested on this kind of end-to-end optimization front for many, many years. And it’s time for us to show that the investment is worth it.

Thank you.

Operator: Ladies and gentlemen, that does conclude our conference for today. Thank you for participating. You may all disconnect.