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Robin Li: It's Good for Mkt to Keep Launching New Product/ Tech; BIDU-SW Needs to Improve Execution to Beat Competitors
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Robin Li, Founder of BIDU-SW (09888.HK) (BIDU.US), said at BIDU-SW's internal award ceremony that the market is changing very rapidly, while the speed of technology iteration is very fast, which he has not seen in his 30 years in the industry, according to The Paper.

At present, not only is BIDU-SW constantly innovating and launching new products and technologies, but there are also various new technologies in the market to compete with BIDU-SW. Li believed that, in a sense, it is good because it will promote the entire market to mature more quickly, allowing more enterprises and individuals to gain benefits from AI.

Li emphasized that he would ask BIDU-SW to constantly improve its execution, and continuously stand out in the fierce competition by defeating its rivals.
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