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PDD Holdings Forms Several Foundation Model Group Teams: Wire
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As e-commerce platform enterprises join AI development one after another, Chinese media quoted sources as saying that PDD Holdings (PDD.US) has organized an internal e-commerce recommended foundation model team, with the person in charge being a former core member of BIDU-SW (09888.HK) (BIDU.US)'s Fengchao.

PDD Holdings recruited a group of employees from BIDU-SW in 2024 to develop foundation model-related projects, the report quoted another source as saying. Currently, PDD Holdings' foundation model product applications include price comparison system, recommendation, advertisement, search, customer service and other areas.

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