Baidu Q2 revenue fell 4% year over year to RMB 31.3 billion; net income attributable to shareholders dropped to RMB 2.3 billion.
Diluted earnings per ADS declined to RMB 5.74; operating income eased to RMB 3 billion, leaving a 10% operating margin.
AI Cloud Infra revenue climbed 50% to RMB 7.3 billion, while GPU Cloud revenue rose year over year by 283%.
Baidu Core AI-powered Business revenue increased 25% to RMB 12.5 billion, accounting for 50% of Baidu General Business revenue.
Apollo Go expanded globally with open-road testing in London, fully driverless commercial operations in Dubai, and fully driverless testing permits in Hong Kong.
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