STOCK TITAN

36Kr Enters into Strategic Partnership with Baidu to Empower Growth with AI Applications

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership AI
Rhea-AI Summary
36Kr Holdings Inc. announces strategic partnership with Baidu to expand AI applications
Positive
  • 36Kr will leverage Baidu's AI capabilities to enrich digital content offerings
  • Collaboration will create an application marketplace for large language model functions
  • Solution for media and enterprise services to offer AI-powered content creation and customer engagement
Negative
  • None.

BEIJING, Aug. 22, 2023 /PRNewswire/ -- 36Kr Holdings Inc. ("36Kr" or the "Company") (NASDAQ: KRKR), a prominent brand and a pioneering platform dedicated to serving New Economy participants in China, today announced that it has entered into a strategic partnership with Baidu (Nasdaq: BIDU) to join hands in broadening artificial intelligence ("AI") applications across 36Kr's media platform and enterprise services, driving innovation and empowering growth.

With the emergence of AI technology, 36Kr has proactively integrated AI into its premium content creation. Under this partnership with Baidu, 36Kr will leverage the superior capabilities of Baidu's Wenxin large language model and its digital avatar platform, "XiLing," to enrich and intelligentize the Company's digital content offerings, engaging users with more timely and informative reporting while substantially elevating content production efficiency. Through these initiatives, 36Kr will build a full-service, omni-channel media capability matrix.

In the meantime, 36Kr will collaborate with Baidu to create an application marketplace showcasing applications that offer a broad array of large language model functions. The two parties will employ diverse resources to promote and expand potential large language model deployment scenarios. This will enable developers and enterprises to access and utilize large language model applications with ease, thereby invigorating the digital transformation of a wide range of industries.

Additionally, 36Kr will closely work with Baidu to launch a large language model solution for media and enterprise services. To address industry-specific pain points, the two parties will seamlessly integrate 36Kr's advantages with Baidu's content production and intelligent customer service capabilities enabled by its AI technology and large language models. The solution will offer enterprise clients a full-service package encompassing AI-powered content creation, intelligent recommendations, and conversational AI for higher customer engagement, among others.

Finally, yet importantly, 36Kr and Baidu will work together on training program development to raise the awareness and perception of artificial intelligence among enterprises. These programs will help enterprise clients more thoroughly understand and more effectively leverage AI technology through systematic training and hands-on practice. By supporting more enterprises to embrace AI technology, 36Kr will help and empower them in cost reduction, efficiency improvement, and business innovation.

Mr. Dagang Feng, Co-chairman and Chief Executive Officer of 36Kr, commented, "As a media frontrunner and full-service platform in the New Economy sector, 36Kr has consistently demonstrated astute business acumen and visionary insights into AI and other cutting-edge technologies that break new ground. We are excited to collaborate with Baidu, a pioneer in the field of artificial intelligence, to fuel 36Kr's ongoing efforts to expand AI applications across our business. We believe that our strategic collaboration with Baidu will propel the evolution of AI technology and unleash new possibilities in the media and enterprise service industries, empowering more efficient growth in the future."

About 36Kr Holdings Inc.

36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more. The Company started its business with high-quality New Economy-focused content offerings, covering a variety of industries in China's New Economy with diverse distribution channels. Leveraging traffic brought by high-quality content, the Company has expanded its offerings to business services, including online advertising services, enterprise value-added services, and subscription services, to address the evolving needs of New Economy companies and upgrading needs of traditional companies. The Company is supported by a comprehensive database and strong data analytics capabilities. Through diverse service offerings and significant brand influence, the Company is well-positioned to continuously capture the high growth potential of China's New Economy. 

For more information, please visit: http://ir.36kr.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goal and strategies; the Company's future business development, results of operations and financial condition; relevant government policies and regulations relating to our business and industry; the Company's expectations regarding the use of proceeds from this offering; the Company's expectations regarding demand for, and market acceptance of, its services; the Company's ability to maintain and enhance its brand; the Company's ability to provide high-quality content in a timely manner to attract and retain users; the Company's ability to retain and hire quality in-house writers and editors; the Company's ability to maintain cooperation with third-party professional content providers; the Company's ability to maintain relationships with third-party platforms; general economic and business conditions in China; possible disruptions in commercial activities caused by natural or human-induced disasters; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. 

For investor and media inquiries, please contact:

In China:

36Kr Holdings Inc.
Investor Relations
Tel: +86 (10) 8965-0708
E-mail: ir@36kr.com 

The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: 36Kr@tpg-ir.com 

In the United States: 

The Piacente Group, Inc. 
Brandi Piacente
Tel: +1-212-481-2050
E-mail: 36Kr@tpg-ir.com 

 

Cision View original content:https://www.prnewswire.com/news-releases/36kr-enters-into-strategic-partnership-with-baidu-to-empower-growth-with-ai-applications-301906639.html

SOURCE 36Kr Holdings Inc.

36Kr Holdings Inc. American Depositary Shares

NASDAQ:KRKR

KRKR Rankings

KRKR Latest News

KRKR Stock Data

14.40M
665.46M
16.44%
0.1%
0.06%
Internet Content & Information
Communication Services
Link
United States of America
Beijing

About KRKR

互联网金融|北京|300-350人|d轮 http://36kr.com/ https://rong.36kr.com/ https://z.36kr.com/ 公司简介: 36氪(北京协力筑成金融信息服务有限公司),创办于2011年7月。 36氪是中国领先的互联网创业生态服务平台,也是中国最大的股权类互联网金融平台。36氪由36氪融资、氪空间及36氪媒体三块业务构成。 36氪融资平台是国内最大的互联网企业融资平台,目前rong.36kr.com上已拥有2000多位专业投资人,融资平台通过互联网方式高效的连接投资人和创业者,有效提高融资效率。此外,众筹私募股权投资平台(z.36kr.com)目前活跃着20000余名高净值理财人士,2015年6月上线以来,仅一个季度,单月交易额破亿元。除融资外,36氪还、有为企业提供线下办公的“氪基地”和孵化器“氪空间”业务,以及为创业者、投资人提供创业咨询的36氪媒体业务。36氪媒体为全球8000多万读者提供最独家、前沿与专业的中国互联网创业和投资资讯报道,同时也是互联网企业对外发声的“第一站”。氪空间已服务于100家互联网企业,融资完成率高达97%。 36氪团队是一支年轻、专业、富有理想的团队,团队成员主要来自互联网和金融行业知名企业,36氪股东由国内最大的互联网金融公司蚂蚁金服、全球知名风投机构经纬中国、以及国内领先的券商华泰证券旗下tmt直投基金华泰瑞麟等构成。36氪已经是互联网金融领域的新兴独角兽。 2015年是国家提倡“大众创业、万众创新”的一年,而36氪已经专注为创业企业提供服务四年多。36氪的使命是为创业者提供最好的产品和服务。36氪已经扮演了中国创新创业基础设施的重要角色,并将成为中国经济新增长的推动机。