Baidu Says U.S. Chip Curbs Won’t Derail AI Ambitions as Cloud Revenue Surges

Chinese tech giant Baidu on Wednesday expressed confidence that U.S. semiconductor export restrictions would not derail its artificial intelligence ambitions, even as the country’s tech sector grapples with a tightening blockade on access to advanced American chips. The company’s statement came alongside strong first-quarter financial results, boosted by surging revenue from its AI cloud business […] The post Baidu Says U.S. Chip Curbs Won’t Derail AI Ambitions as Cloud Revenue Surges appeared first on Tekedia.

Baidu Says U.S. Chip Curbs Won’t Derail AI Ambitions as Cloud Revenue Surges






Chinese tech giant Baidu on Wednesday expressed confidence that U.S. semiconductor export restrictions would not derail its artificial intelligence ambitions, even as the country’s tech sector grapples with a tightening blockade on access to advanced American chips. The company’s statement came alongside strong first-quarter financial results, boosted by surging revenue from its AI cloud business […]

The post Baidu Says U.S. Chip Curbs Won’t Derail AI Ambitions as Cloud Revenue Surges appeared first on Tekedia.

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