China's Baidu revenue falls as AI cloud growth fails to offset ad weakness

By Liam Mo and Deborah Mary Sophia Feb 26 (Reuters) - China's largest search engine operator Baidu reported a 4% revenue drop for its December quarter on Thursday, ‌as persistent weakness in its mainstay advertising business offset strong growth in its ‌cloud business. Baidu, like other tech giants in China, has invested heavily in building out its artificial intelligence capabilities, helping ​the tech firm capture enterprise demand as companies increasingly adopt AI to speed up operations and productiv ...