Ge Long Hui·2025-08-21 04:00Core Viewpoint - Baidu's Q2 2025 financial report shows that AI new business revenue has exceeded 10 billion, marking a 34% year-on-year growth, indicating strong performance in AI cloud services and autonomous driving [1] Group 1: Financial Performance - Baidu's AI new business revenue reached over 10 billion for the first time [1] - The year-on-year growth rate of 34% highlights the robust expansion of Baidu's AI segment [1] Group 2: Market Reactions - Citigroup raised Baidu's target price to $143, citing the unexpected growth as a sign of strong performance in AI cloud services [1] - Multiple institutions expressed optimism about Baidu's AI business development, with CICC maintaining an "outperform" rating [1] Group 3: Strategic Insights - Huatai's research report indicates that the acceleration of AI search transformation positions Baidu favorably for long-term growth [1] - Baidu's leading cost advantage in the autonomous driving sector may enhance its economic benefits and commercialization value in overseas markets [1]