
China’s biggest AI player, Baidu (BIDU), beat expectations with a surge in cloud revenue, but its ad business is shrinking, it’s slashing AI prices to stay ahead of local rivals, and fresh U.S. chip export issues could cut its momentum short.
Latest News “Stay informed with breaking news, world news, US news, politics, business, technology, and more at latest news.
Auto Added by WPeMatico
China’s biggest AI player, Baidu (BIDU), beat expectations with a surge in cloud revenue, but its ad business is shrinking, it’s slashing AI prices to stay ahead of local rivals, and fresh U.S. chip export issues could cut its momentum short.