AI Large-Model Wave and Transformation Guide

May 19, 2026 · Industry Insights

Baidu AI Revenue Jumps 49% in Q1, Robotaxi Hits Break‑Even Milestone

Baidu’s Q1 2024 earnings reveal a 49% YoY rise in core AI revenue to 136 billion yuan, AI cloud infrastructure up 79%, GPU cloud soaring 184%, and its fully driverless robotaxi service Luobo Kuaipao completing 3.2 million orders and reaching break‑even in its largest Chinese city.