Baidu is entering a critical phase of its artificial intelligence transition, with CEO Robin Li promising to restore the company’s Ernie model to the frontier of AI even as the deterioration of its traditional advertising business weighs heavily on revenue and profit. The Chinese search and technology giant reported second-quarter revenue of 31.33 billion yuan […] The post Baidu Bets Big on AI Comeback as Advertising Slump Deepens and Ernie Fall…
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