The revenue print came in at $4.78 billion for the quarter ending on Sept. 30. Net income for the period rose by 14% to $1.09 billion.Baidu noted a 12% surge in its non-online marketing revenue to the equivalent of $1.1 billion, mainly driven by its artificial intelligence cloud business.reported
The company also sells cloud computing services. Online marketing drives a significant portion of the firm's revenue.In artificial intelligence, Baidu has promoted its Ernie chatbot as a local alternative to OpenAI's ChatGPT, which isn't available in China. Ernie bot now has 430 million users, Baidu said last week.will begin sales in the first half of next year. The wearable has at least one camera and uses Ernie's AI capabilities and Baidu's maps and search functions.