Baidu reported that AI-driven products and services now account for 50% of its total revenue in Q2 2026, marking the first successful pivot of a Chinese internet giant from legacy ad-search models to …
Baidu now generates half of its revenue from AI products and services, driven by its integrated stack of Ernie large language models and Kunlun AI chips, which reduces reliance on Western silicon and …
Baidu reported second-quarter net profit attributable to shareholders fell 68% to RMB 2.32 billion on revenue of RMB 31.3 billion ($4.6 billion), down 4% year over year, while GPU cloud revenue surged…
Tencent, the $513 billion tech giant, could leap from AI laggard to leader, according to a Breakingviews analysis, thanks to booming gaming and advertising cash flow that rivals lack. The report comes…
DeepSeek announced on August 6 that it will raise API prices for its V4 model lineup, with the V4-Pro output token price during peak hours climbing to $3.96 per million tokens from $0.87, a 4.5x incre…