Baidu Q4 Revenue Drops 2% Amid Advertising Dip, Open Source AI Move Announced
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LN24 / 10 months
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- 3 min read
Baidu Looks to Open Source AI Models Amid Revenue Challenges Chinese tech giant Baidu reported a 2% drop in fourth-quarter 2024 revenue, primarily due to a decline in advertising sales, a key segment of its business. Despite the dip, Baidu’s CEO Robin Li highlighted the company’s ambitious future plans, which include an open-source approach to […]