Baidu revenue slides 7% to $200 million as AI bets fail to offset weak ad business

Baidu reported weaker numbers on Tuesday after the company said quarterly revenue fell 7% as its ad business slumped again. The Chinese company told investors that total sales came in at “31. 17 billion yuan” ($4. 38 billion), a figure pulled from data reviewed by LSEG. Baidu also said its U. S. -listed shares were “little changed” in early […] source: https://www.cryptopolitan.com/baidu-revenue-slides-7/