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Fortune
Fortune
Lionel Lim

Baidu CEO defends heavy AI investments as competition heats up and Apple reportedly looks elsewhere

(Credit: Waleed Zein—Anadolu/Getty Images)

DeepSeek shook up the tech world in January, forcing companies and investors to rethink the path to AI. That’s not just happening in the West, as Chinese tech firm Baidu, which took an early lead in its country’s AI race, now faces a more competitive landscape.

“Innovation can’t be planned,” said Baidu CEO Robin Li during a fireside chat with H.E. Omar Sultan Al Olama, the UAE’s AI minister, at the World Governments Summit in Dubai on Tuesday.

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