Baidu Q1: AI Cloud Surges 42%, Driving Core Revenue Growth
Earnings Call
21 May
Baidu reported strong Q1 2025 results: - Baidu Core revenue reached RMB 25.5 billion, up 7% year-over-year - AI Cloud revenue grew 42% YoY to RMB 6.7 billion, now 26% of Baidu Core revenue - Released upgraded AI models Ernie 4.5 Turbo and Ernie X-Turbo with enhanced performance and lower pricing - Plans to open-source Ernie 4.5 models on June 30th - Mobile search AI transformation accelerated, with 35% of searches now containing AI-generated content - Apollo Go provided 1.4 million autonomous rides in Q1, up 75% YoY - Expanding autonomous driving services globally, entering Dubai and Abu Dhabi Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.
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