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BIDU-SW, Having Poured RMB100B+ into AI Since 2023, Will Continue Ramping Up Investments, Says CFO
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BIDU-SW (09888.HK) reported a 36% decline in its 3Q25 Non-GAAP net profit to RMB3.77 billion, but it was still better than market expectations. He Haijian, BIDU-SW's CFO, disclosed that the company has invested over RMB100 billion in the AI sector since the launch of ERNIE Bot in March 2023, and it plans to continue ramping up its investments, according to Chinese media reports. AAStocks Financial News |
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