[BIG TECH]■ STORY TIMELINE
BAIDU AI SALES OFFSET AD DECLINE FOR FIRST TIME
Baidu reported a 1% revenue decline, with growth in AI businesses offsetting losses in traditional advertising. The milestone marks a shift in the Chinese tech giant's revenue mix as it competes in the post-ChatGPT era.
Bloomberg Tech+0m
Baidu Inc. posted a better-than-feared 1% drop in revenue after growth in nascent AI businesses offset a steady decline…