BIDU(US:BIDU) Zheng Quan Shi Bao·2025-11-18 12:17Core Insights - Baidu's AI business revenue has been revealed for the first time, showing over 50% year-on-year growth in Q3 2025 [2] - Total revenue for Q3 2025 reached 31.2 billion yuan, with core revenue at 24.7 billion yuan [2] - AI cloud revenue grew by 33%, while AI application revenue reached 2.6 billion yuan, and AI native marketing service revenue surged by 262% to 2.8 billion yuan [2] Financial Performance - Baidu's Q3 total revenue was 31.2 billion yuan, with core revenue at 24.7 billion yuan [2] - AI application revenue for the quarter was 2.6 billion yuan, driven by subscription models that create sustainable high-quality income [2] - Following the earnings report, Baidu's stock rose by 3% in pre-market trading [2] AI Business Developments - Baidu's AI applications include flagship products like Baidu Wenku, Baidu Wangpan, and digital employees, addressing various needs for individuals and enterprises [2] - The company showcased the transformative value of AI in business, with a strong growth trajectory in AI cloud services and rapid revenue growth from AI native commercial products [3] - The autonomous driving service, "Luobo Kuaipao," recorded 3.1 million global ride services in Q3, marking a 212% year-on-year increase [3] Global Expansion and Innovations - Luobo Kuaipao has accelerated its global expansion, obtaining autonomous driving test licenses in Dubai and commercial operation permits in Abu Dhabi [4] - A strategic partnership with PostBus was established to launch autonomous driving services in Switzerland [4] - Baidu introduced the Wenxin large model 5.0, which excels in multimodal understanding, creative writing, and instruction following [4] - The Kunlun chip series is set to release two new products, M100 and M300, in 2026 and 2027, respectively [4]