| From: Ron | 4/19/2024 9:04:53 PM | | | | | | Baidu’s loss-making autonomous-driving project Apollo will focus on generating revenue and profits after a seven-year testing phase, as the Chinese internet search giant pivots to generative artificial intelligence (AI), according to an internal letter written by the unit chief.
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| From: Ron | 5/16/2024 9:16:39 AM | | | | | | Baidu Earnings: Baidu reported earnings of 19.91 Chinese yuan ($2.76) a share on revenue of 31.5 billion yuan ($4.4 billion). Analysts surveyed by FactSet had expected the company to report earnings of 15.98 yuan a share on revenue of 31.3 billion yuan.
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