China’s AI Race Heats Up: Baidu Says Its AI Investments Could Pay Off as CFO Bets on Cloud Growth
Baidu Inc.'s (NASDAQ: BIDU) CFO Henry He expects the company's AI profit could start matching those of its legacy search business in the near term.
Baidu's leader thinks their new AI business could make as much money as their older search business soon. When a company believes strongly in a new product, it's worth watching to see if customers actually agree with them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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