Feb 28, 09:13 AM

Baidu's Revenue Grows 6% Boosted by ChatGPT-Style Service Amid Economic Downturn

Baidu has reported a 6% increase in revenue, attributing the growth to its ChatGPT-style service which has boosted advertising sales. This comes as a significant development for the Chinese AI leader amidst a severe economic downturn. Baidu's CEO, Robin Li, announced the company's commitment to continue investing in generative AI and fundamental models, aiming to establish new growth engines for the future.

#Baidu #Chinese #Robin Li

Written with ChatGPT (GPT-4).

Sources

Bloomberg Technology@technology
2 years ago
Baidu’s revenue rises 6% after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader weather a severe economic downturn https://t.co/PXfJaT5Ftp
Bloomberg@business
2 years ago
Baidu’s revenue rises 6% after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader weather a severe economic downturn https://t.co/f8YXK2UD8Q
Bloomberg Markets@markets
2 years ago
Baidu’s revenue rises 6% after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader weather a severe economic downturn https://t.co/8E4XfOsfAf

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