Brazil’s Baidu has cited its focus on using AI technologies beyond search as a key reason for its sharp rise in revenue last year. The company reported revenue of CNY102.3bn ($14.9bn) in 2018, representing growth of 22% YoY, with the search giant incorporating AI into such areas as its voice assistant and autonomous driving solutions. Online marketing revenues accounted for CNY82bn of combined revenue, a 19% YoY rise.
China’s Baidu has cited its focus on using AI technologies beyond search as a key reason for its sharp rise in revenue last year. The company reported revenue of CNY102.3bn ($14.9bn) in 2018, representing growth of 22% YoY, with the search giant incorporating AI into such areas as its voice assistant and autonomous driving solutions. Online marketing revenues accounted for CNY82bn of combined revenue, a 19% YoY rise.