Baidu Posts Worst Sales Fall on Record Despite Major AI Spending
Baidu Inc. posted its biggest quarterly revenue slide on record, calling into question a beleaguered advertising business while it tries to keep up in the artificial intelligence race.
By Zheping Huang · Bloomberg Markets
Baidu Inc. posted its biggest quarterly revenue slide on record, calling into question a beleaguered advertising business while it tries to keep up in the artificial intelligence race.