Baidu in Podcasts
companyChinese technology company specializing in search, advertising, and autonomous driving solutions.
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Baidu's AI Assistant has surpassed 200 million monthly active users, according to people familiar with the matter.
He has raised 10 core funds, hired and led a team of partners, invested in hundreds of early-stage private companies, including Baidu, Tesla, Hotmail, Skype, Parametric Technology, Digidesign, Twitch TV, Theranos, and Overture.
and then uh you know during the recession i bought a whole bunch of different stuff i got baidu during the recession which was really awesome um got uh you know a bunch of the different financial companies goldman morgan stanley um and also just other companies that were kind of like leaders in industry that's what i always look for is kind of who's the best in this industry um because that's typically the company that's going to outperform everyone else
Search giant Baidu slid 6% and Alibaba fell 4% as investors are increasingly anxious about the fragile Chinese economy.
All of these other different pies that Baidu's fingers are stuck in right now.
So it's possible that a lot of the expenses, a lot of the costs that we saw Baidu experience over the last couple of years are going to be largely behind us now as Baidu looks to be a slightly more profitable future.
Cloud AI revenue for Baidu is not yet large enough to offset the decline they're seeing.
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