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Baidu, Inc.

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Baidu, Inc. is China's leading internet search provider and a global pioneer in artificial intelligence technologies. Headquartered in Beijing, Baidu operates the dominant search engine in China with massive user base and market share, while increasingly focusing on AI-powered products and services including autonomous driving, cloud computing, smart devices, and AI applications. Often referred to as "China's Google," Baidu has evolved from pure search into a diversified technology company leveraging its AI capabilities across multiple business lines. Baidu's core online marketing services generate revenue through search advertising, display advertising, and other marketing solutions delivered on its search platform and partner network. The company's AI Cloud business provides cloud computing services, data intelligence, and AI solutions to enterprise customers across industries. Baidu's Apollo autonomous driving platform represents one of the world's most advanced self-driving technologies, with extensive testing, regulatory approvals, and robotaxi operations in multiple Chinese cities. The company also operates iQIYI, a leading online entertainment platform (though Baidu has reduced its ownership stake), and develops AI-powered smart devices and applications. Baidu invests heavily in AI research and development, maintaining leading positions in natural language processing, computer vision, deep learning, and other AI technologies. The company's ERNIE large language model competes with GPT and other leading AI models globally. Baidu benefits from China's massive internet population and the integration of online search with AI applications. However, the company faces competition from Tencent, Alibaba, and ByteDance in various markets, regulatory oversight common to Chinese tech companies, and the challenge of monetizing new AI investments. Baidu's long-term strategy emphasizes AI leadership, autonomous driving commercialization, cloud growth, and maintaining search dominance while navigating China's evolving technology and regulatory landscape.