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The Nexus
BUSINESSMay 18 · 09:57 UTCSCMP WORLDBen Jiang,Iris Deng

Baidu says AI now primary business driver despite 2% drop in first-quarter revenue

Baidu's AI-related businesses became its primary revenue driver in Q1, growing 49% year-on-year to 13.6 billion yuan despite a 2% overall revenue decline. AI cloud, AI applications, and AI marketing services now account for more than half of the company's general business revenue.

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