Baidu reported Q2 total revenue of 31.3 billion yuan with AI business accounting for over 50% for two consecutive quarters, prompting major Wall Street funds like Duquesne Family Office to initiate positions.

Baidu reported Q2 total revenue of 31.3 billion yuan with AI business accounting for over 50% for two consecutive quarters, prompting major Wall Street funds like Duquesne Family Office to initiate positions.

Sustained AI revenue dominance confirms Baidu’s successful vertical integration from custom silicon to cloud models, validating its valuation re-rating despite broader market volatility.