Baidu’s AI cloud soars, but the risks are stacking up
Maria Sandu
In This Story BIDU GOOGL AAPL BABA MSFT China’s biggest AI player, Baidu ( BIDU ) , beat expectations with a surge in cloud revenue, but its ad business is shrinking, it’s slashing AI prices to stay ahead of local rivals, and fresh U.S. chip export issues could cut its momentum short. Suggested Reading Lowe's beats Wall Street on earnings, even as the housing market chills Target just sent up a giant red flag about the U.S. consumer Republicans want tax cuts to save the economy from Trump's
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