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 ($251.30). 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.
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.