Chinese technology giant Baidu has credited AI with driving its advertising recovery. The company, which runs China's most-used search engine, reported Q2 revenue rose 24.4% YoY to CNY26bn ($3.8bn). Baidu's chief executive, Robin Li, said the company is "confident that artificial intelligence will continue to drive our business and help us achieve even more growth." Baidu gets more than 81% of its revenue from online advertising.
Chinese technology giant Baidu has credited AI with driving its advertising recovery. The company, which runs China's most-used search engine, reported Q2 revenue rose 24.4% YoY to CNY26bn ($3.8bn). This growth was largely down to AI-driven monetisation capabilities, said CEO Robin Li Yanhong. Baidu gets more than 81% of its revenue from online advertising.