BIDU(US:BIDU) Sou Hu Cai Jing·2025-08-21 07:45Core Insights - Baidu's Q2 financial report shows significant growth driven by AI, with revenue exceeding 10 billion yuan for the first time, marking a 34% year-on-year increase [1] - The company's total revenue reached 32.7 billion yuan, with core revenue at 26.3 billion yuan and a net profit of 7.4 billion yuan, reflecting a 35% year-on-year growth [1] AI-Driven Business Growth - Baidu's intelligent cloud business experienced a 27% year-on-year revenue growth, supported by a unique end-to-end AI architecture that serves as a core competitive advantage [4] - The Baidu GPU cloud platform underwent significant upgrades, enabling clients to adaptively set PD ratios based on business characteristics, effectively reducing inference costs [4] - Baidu's strategic partnerships with notable companies in various industries, including 20 collaborations in the embodied intelligence sector, highlight the market's recognition of Baidu's intelligent cloud [4][5] Global Expansion of "Luobo Kuaipao" - "Luobo Kuaipao" provided over 2.2 million rides globally in Q2, a 148% year-on-year increase, with total rides exceeding 14 million across 16 cities [6] - The service is expanding internationally, with partnerships established with Uber and Lyft to integrate autonomous vehicles into their networks, aiming for deployment in Europe by 2026 [6][7] AI Innovation in Search - Over 64% of search results on Baidu are now generated by AI, a significant increase from 35% in April, showcasing the rapid transformation towards AI-driven content [8] - The number of AI-generated videos on the Baidu App has reached over one million daily, reflecting advancements in generative AI and multimodal capabilities [8] - The usage of digital human technology has increased, generating approximately 500 million yuan in revenue in Q2, with a 55% quarter-on-quarter growth [9]