Baidu, Inc.
BIDUpublicSearch, Cloud & AI
China's leading AI and search company. Creator of ERNIE Bot. Baidu AI Cloud is a top-3 Chinese cloud provider. CAPEX much lower than US peers due to scale difference and Ascend chip reliance post-export controls.
2024 CAPEX
$2.0B
YoY 2024 vs 2023
+9.6%
Latest Quarter
$0.5B
Q4'24
CAPEX History — Quarterly
Key Quotes
Rong Luo·CFO·2024-11-21
“We continue to invest strategically in AI infrastructure to support ERNIE Bot and Baidu AI Cloud growth.”
Q3 2024 Earnings Call
Compute Clusters
ERNIE Bot cluster
Ascend 910B + Nvidia A100
operational
SEC Filings
chinaAIERNIEsearchcloudAscend