Baidu Beats on Q1 Revenue as AI Cloud Offsets Weak…
From Financial Modeling Prep: 2025-05-21 15:18:00
Baidu (NASDAQ:BIDU) exceeded Q1 revenue expectations, with core segment revenue up 7% to 25.5 billion yuan ($3.53 billion). AI Cloud division saw a 42% sales increase, reflecting rising demand for Baidu’s AI solutions. The company continues to invest in AI, with upgrades to Ernie platform and new PaddlePaddle framework release in April.
Despite challenges in marketing revenue, Baidu’s focus on high-growth AI cloud business proves successful, offsetting softness in advertising. AI plays a central role in Baidu’s strategy, with investments in Ernie AI platform and enhancements to Qianfan mobility services platform. The company remains competitive in the AI space despite increasing competition.
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