Baidu's quarterly revenue remains stagnant amid a sluggish economy but shows resilience with a slight net income increase, highlighting the impact of market conditions on advertising.
Baidu's online marketing revenue fell by 2% due to tightened advertising budgets as the Chinese economy continues its slow recovery from a property slump.
Investments in AI and advanced technologies have positioned Baidu as a self-defined "AI company," with its large language model, Ernie, integrated into various apps to enhance user experience.
The Apollo Go robotaxi service is expanding in multiple cities, with the largest fleet of 500 in Wuhan, where operations are expected to break even soon.
Collection
[
|
...
]