Posted inBeijing, China, World

Baidu gets China’s BAT boys off to a flying start

Baidu’s move into artificial intelligence appears to be reaping dividends. The Chinese online search giant, which is part of the BAT grouping of Alibaba and Tencent, reported on Wednesday that net profit for the second quarter jumped 45%. Net income came in at 6.4 billion yuan (US$967 million) for the April to June period, fueled […]

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