Baidu reports surprise revenue jump during China’s AI battle
Baidu’s revenue beat estimates, after China’s internet search leader fended off intensifying competition in AI and a persistent economic downturn.
A user browses the Radish Fast Run app, Baidu’s autonomous ride-hailing service, which now operates in 11 Chinese cities. The platform is central to Baidu’s global AI commercialization strategy as it navigates slowing ad sales and growing competition from domestic tech rivals. Image: Getty Images
A user browses the Radish Fast Run app, Baidu’s autonomous ride-hailing service, which now operates in 11 Chinese cities. The platform is central to Baidu’s global AI commercialization strategy as it navigates slowing ad sales and growing competition from domestic tech rivals. Image: Getty Images