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China’s search engine and AI giant saw revenue grow 1 per cent in the first quarter, while net income fell 6 per cent but was better than estimates. ....
Chinese search-engine giant Baidu reported a drop in quarterly profit but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising. ....
Baidu Posts Quarterly Beat, Helped by AI Pursuits — Update morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Baidu 'confident' AI will sustain growth after sluggish first quarter businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Baidu: "While we operate our legacy business in a challenging environment and (expect) slower revenue growth in the near term, we remain confident that AI will help us sustain growth in revenue and profit in the long run," said co-founder and CEO Robin Li in a call to analysts. ....