Baidu’s Revenue Climbs after AI Helps it Weather China Downturn
Baidu Inc.’s revenue rose 6% after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader weather a severe economic downturn.The company reportedBloomberg Terminal sales of nearly 35 billion yuan ($4.9 billion) for the three months ended December, broadly in line with analysts’ projections. Net income slidBloomberg Terminal 48% to 2.6 billion yuan....
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