Baidu's Revenue Plummets, AI & Autonomous Vehicles Shine
Update: 2025-11-18
Description
Baidu, Chinas search engine titan, faces its largest revenue drop, with a 7.1% decline in Q3 earnings to $4.39 billion, primarily due to weak advertising demand. Despite a net loss of over $1.1 billion, Baidus investment in AI, self-driving cars, and chip development shows promise. Their AI chatbot, Ernie Bot, and AI cloud infrastructure saw growth, while Apollo Gos self-driving taxi service completed over 3 million rides. However, analysts predict ongoing advertising revenue challenges.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
