According to Statista, Alibaba Cloud and Baidu Cloud occupy the first and third positions in China in terms of market share. Owning the cloud infrastructure provides both companies with essential ...

Baidu is a pure AI play with massive investment in autonomous driving. Alibaba leverages AI beyond its cloud computing to enhance its other businesses like e-commerce and fintech. These two ...

However, the company’s AI cloud business stood out, growing 26%. This growth underscores the increasing significance of AI-driven services as Baidu strategically shifts toward an open-source model ...

The company aims to enhance adoption of its AI models. Baidu also reported a slight drop in revenue but saw a growth in its Cloud AI unit. Its chatbot platform's daily user queries increased ...

Chinese search engine giant Baidu reported a 2% drop in quarterly revenue, dragged down by a slowdown in the advertising business, though offset by gains from cloud AI. For the three months ...

Baidu’s AI Cloud growth beats estimates, with ERNIE 4.5 and free AI bot driving broader adoption and monetization opportunities. Analyst sees Baidu as a key AI winner in China, raising 2025 ...

The rating follows Baidu’s better-than-expected financial results for the fourth quarter of 2024. In particular, AI cloud revenue was a star performer, with a 26% year-over-year growth.

Baidu’s (BIDU) AI-powered cloud growth in the latest results has caught Wall Street’s attention. Despite a smaller-than-expected revenue decline in Q4, multiple analysts reaffirmed their Buy ...

Baidu Core Revenue (Full Year 2024): RMB104.7 billion, an increase of 1% year over year. AI Cloud Revenue (Q4 2024): RMB7.1 billion, a year-over-year increase of 26%. iQIYI Revenue (Q4 2024): RMB6 ...

Investing.com-- Baidu Inc's (NASDAQ:BIDU) cloud and generative AI businesses remain bright spots amid China’s uneven macroeconomic recovery, Mizuho (NYSE:MFG) analysts said in a note ...