iQIYI Announces CTO Resignation, Shifts Focus
Company Announcements

iQIYI Announces CTO Resignation, Shifts Focus

Iqiyi (IQ) has released an update.

iQIYI, Inc. has announced the immediate resignation of Mr. Wenfeng Liu as Chief Technology Officer for personal reasons, although he will remain as the president of the company’s Infrastructure and Intelligent Content Distribution Group. The company has opted not to fill the CTO position at this time. This move signifies a strategic shift in iQIYI’s focus towards enhancing their technology infrastructure and AI applications for long-form video content.

For further insights into IQ stock, check out TipRanks’ Stock Analysis page.

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