Baidu reported a 3% year-over-year decline in its third-quarter revenue, totaling 33.6 billion yuan. The "Baidu Core" segment, however, remained stable with revenue of 26.5 billion yuan, showing little change compared to the previous year.
The company highlighted significant growth in its AI capabilities. The Wenxin series model's daily API call volume reached 1.5 billion in November, a substantial increase from 600 million in August. This surge underscores Baidu's expanding influence and investment in AI technology.
