Baidu Exceeds Revenue Estimates on AI, Cloud Services Strength

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - Baidu Inc surpassed quarterly revenue estimates on Thursday as a resurgence of Covid-19 in China and accompanying restrictions drove up demand for its cloud and artificial intelligence products.

The company - Google's equivalent in China - has expanded aggressively into cloud services, robotaxis and autonomous driving in recent years as competition rises for its core search platform and advertisement business.

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