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百度业绩发布!人工智能加速转型,AI新业务破百亿

Core Insights - Baidu's total revenue reached 32.7 billion yuan, with net profit attributable to Baidu's core business at 7.4 billion yuan, reflecting a year-on-year growth of 35%, exceeding market expectations [1] - Driven by AI technology, revenue from new AI businesses, including smart cloud, surpassed 10 billion yuan for the first time, showing a year-on-year increase of 34%, indicating strong growth momentum [1] Revenue Performance - In Q2, Baidu's overall revenue declined by 4% year-on-year, while advertising revenue fell by 15% [1] - However, smart cloud business revenue grew by 27% against the trend, highlighting the critical role of AI technology in the company's business transformation [1] Cost Efficiency and R&D - Baidu achieved cost reduction and efficiency improvement through deep integration of AI technology in core businesses such as search and cloud services, with R&D expenses decreasing by 13% year-on-year [1] - This demonstrates the value and long-term development potential of AI technology's commercialization [1] Industry Trends - AI technology is accelerating the intelligent transformation of the internet industry, with leading companies increasing their investments to seize opportunities [1] - The Hang Seng Internet ETF (513330), focusing on leading internet companies like Baidu, is expected to benefit from the growth dividends released by the AI transformation [1]