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Baidu’s quarterly revenue drops 4% as AI cloud surge fails to offset advertising slump

South China Morning Post

TechnologySouth China Morning Post·Aug 18, 2026·1 min read

Baidu’s quarterly revenue drops 4% as AI cloud surge fails to offset advertising slump

Chinese tech giant Baidu on Tuesday posted a 4 per cent year-on-year decline in second-quarter revenue, as continued weakness in advertising outweighed growth in its artificial intelligence cloud operations, highlighting intensifying…

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