According to a report by Sina Tech, Robin Li, Founder, Chairman, and CEO of BIDU-SW (09888.HK) +4.850 (+5.065%) Short selling $569.06M; Ratio 20.336% , mentioned in a recent exchange with employees that the gap between future foundation models may widen, and the current situation is far from ideal. Consequently, models need to be continuously and rapidly iterated, updated, and upgraded, which requires consistent investment over several years or even decades to constantly meet user needs, reduce costs, and increase efficiency. The gap between models, Li added, is multi-dimensional, including aspects of capability and cost.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-27 16:25.)Related NewsDBS Chops BIDU-SW (09888.HK) TP to $102 on Lowers Ads & iQIYI Rev. Forecasts