Baidu's AI-driven Business Generates 50%+ Of Q1 Revenue

Baidu Inc.'s (NASDAQ:BIDU) (9888.HK) revenue from its general business grew 2% year-on-year to 26 billion yuan ($3.82 billion) in the first quarter, as its core AI-driven business accounted for more than half of the total for the first time, according to its results released on May 18. AI-related revenue rose 49% during the quarter to 13.6 billion yuan, making up 52% of total general business revenue.
Open original source