Zhi Tong Cai Jing·2026-01-22 08:52Core Viewpoint - The report from Jefferies highlights Baidu's launch of ERNIE 5.0 and its comprehensive Qianfan intelligent agent platform, addressing developers' pain points in model usage, tool application, intelligent agent development, data services, and operational aspects [1] Group 1: ERNIE 5.0 Launch - Baidu officially released ERNIE 5.0, showcasing strong performance in multimodal understanding, creative writing, and instruction adherence, utilizing a mixed expert architecture with 2.4 trillion parameters [1] - The pre-training cycle speed has improved by 240%, integrating diffusion model-based generation technology for high-quality output [1] Group 2: Qianfan Intelligent Agent Platform - The Qianfan platform offers a comprehensive intelligent agent solution, focusing on overcoming challenges related to performance, capability, and security [1] - It boasts 1.3 million intelligent agents with daily usage exceeding tens of millions [1] Group 3: Industry Positioning - Jefferies believes Baidu demonstrates a leading position in multimodal AI technology and intelligent agent infrastructure through ERNIE 5.0 and the Qianfan platform [1] - The application of models across various industries promotes deep integration of AI technology with industry, providing robust support and innovative capabilities for developers and enterprises [1]