Baidu
Imagine Google's legacy search dominance fused with Waymo's autonomous robotaxi fleets and an aggressive pivot into OpenAI style foundation models; Baidu is executing a painful but necessary transition from a shrinking ad business into China's premier AI infrastructure provider.
Revenue
$18.2B
FY2024
Profitability
Profitable
Division
Ecosystem Titans
Public
Headquarters
Beijing
1. ERNIE Bot (Wenxiaoyan): Surpassed 200 million Monthly Active Users (MAUs) in Jan 2026, processing 200 million daily queries. 2. Apollo Go: Expanded to 22+ cities; weekly order volume reached a peak of 300,000 in Feb 2026. 3. AI Cloud: Raised its 2026 AI-related revenue growth target to 200% as enterprise demand for 'SaaS-to-MaaS' transformation surged. 4. Kunlunxin: Spin-off and confidential HK IPO filing in Jan 2026 to unlock a ~$30B standalone valuation.