Baidu reports Q4 revenue up 6% YoY to ~$4.9B and net income down 48% YoY to ~$366M, as chatbot Ernie, which has 100M+ users, began to augment its ads business (Zheping Huang/Bloomberg)

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Zheping Huang / Bloomberg:

Baidu experiences This autumn income up 6% YoY to ~$4.9B and internet revenue down 48% YoY to ~$366M, as chatbot Ernie, which has 100M+ customers, started to enhance its advertisements enterprise  —  Baidu Inc.’s income rose 6% after its ChatGPT-style service started to enhance promoting gross sales, serving to the Chinese language AI chief climate a extreme financial downturn.