Aug 18 — Baidu (09888.HK) reported Q2 2026 revenue of 31.3 bln yuan. General
business revenue was 25.2 bln yuan, with AI accounting for 50% — the second
consecutive quarter above half. AI cloud infrastructure revenue was 7.3 bln
yuan, up 50% YoY; GPU cloud revenue rose 283% YoY and has recorded four straight
quarters of triple‑digit growth. AI applications revenue was 2.5 bln yuan, up 3%
YoY, and AI-native marketing revenue was 2.6 bln yuan. Founder Robin Li said
continued AI growth confirms Baidu’s transition to an AI-first company and
strengthens confidence in its long-term growth outlook.