BusinessBaidu: AI Profits to Soon Match Search Revenue
Baidu's Chief Financial Officer, Henry He, announced that the company's AI segment, encompassing cloud services and applications, already contributes over half of its total revenue. He emphasized that the profitability of this division is rapidly approaching that of Baidu's traditional search business. The surge in demand for cloud solutions and specialized AI chips is driving improved margins, while investments in AI infrastructure are expected to yield returns within two to three years.
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