{"id":10510,"date":"2024-05-17T09:33:07","date_gmt":"2024-05-17T01:33:07","guid":{"rendered":"https:\/\/www.1ai.net\/?p=10510"},"modified":"2024-05-17T09:33:07","modified_gmt":"2024-05-17T01:33:07","slug":"%e7%99%be%e5%ba%a6%e7%ac%ac%e4%b8%80%e5%ad%a3%e5%ba%a6%e8%90%a5%e6%94%b6315%e4%ba%bf%e5%85%83-%e6%9d%8e%e5%bd%a6%e5%ae%8f%ef%bc%9a%e6%96%87%e5%bf%83%e5%a4%a7%e6%a8%a1%e5%9e%8b%e5%b0%86%e6%9b%b4","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/10510.html","title":{"rendered":"Baidu&#039;s first quarter revenue was 31.5 billion yuan. Robin Li: Wenxin Big Model will be more affordable and efficient"},"content":{"rendered":"<p><a href=\"https:\/\/www.1ai.net\/en\/tag\/%e7%99%be%e5%ba%a6\" title=\"[Sees articles containing [100 degrees] labels]\" target=\"_blank\" >Baidu<\/a>The company announced its 2024 financial results ending March 31, 2024.<span class=\"spamTxt\">First<\/span>According to the quarterly financial report, Baidu&#039;s total revenue reached 31.5 billion yuan this quarter, an increase of 1% year-on-year.<\/p>\n<p>Baidu also achieved impressive results in terms of net profit, with net profit attributable to Baidu reaching RMB 5.4 billion, and net profit calculated on a non-GAAP basis reaching RMB 7 billion, a year-on-year increase of 221%, exceeding market expectations.<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10512\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2024\/05\/6385147659861916453105287.jpg\" alt=\"\" width=\"570\" height=\"719\" \/><\/p>\n<p>It is worth noting that Baidu Core&#039;s revenue performance is particularly outstanding. As an important business segment of Baidu, Baidu Core achieved revenue of 23.8 billion yuan in this quarter, a year-on-year increase of 4%. Its net profit also performed well, with a net profit of 6.6 billion yuan under Non-GAAP, and a net profit margin of 28%, a year-on-year increase of 26%.<\/p>\n<p>Founder, Chairman and CEO of Baidu<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e6%9d%8e%e5%bd%a6%e5%ae%8f\" title=\"_Other Organiser\" target=\"_blank\" >Robin Li<\/a>After the financial report was released, it said: &quot;With the advent of the era of generative artificial intelligence in China,<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e6%96%87%e5%bf%83%e5%a4%a7%e6%a8%a1%e5%9e%8b\" title=\"[Sees articles with labels]\" target=\"_blank\" >Wenxin Large Model<\/a>Basic models such as these will become infrastructure and be integrated into every aspect of people\u2019s lives. We are making the Wenxin large model series more affordable and efficient. This will bring more opportunities to Baidu.\u201d<\/p>\n<p>In addition, the financial report also shows that in March 2024, Baidu App had 676 million monthly active users, a year-on-year increase of 3%, and quarterly online marketing revenue of 17 billion yuan.<\/p>","protected":false},"excerpt":{"rendered":"<p>Baidu Inc. announced its financial report for the first quarter of 2024 ended March 31, 2024, and for the quarter, Baidu's total revenue reached 31.5 billion yuan, an increase of 1% year-on-year. In terms of net profit, Baidu also achieved a bright result. Net profit attributable to Baidu was 5.4 billion yuan, and on a non-GAAP basis, net profit was as high as 7 billion yuan, up 22% year-on-year, exceeding market expectations. It is worth noting that Baidu's core revenue performance was particularly outstanding. As an important business segment of Baidu, Baidu Core achieved revenue of 23.8 billion yuan in the quarter, up 4% year-on-year, and its net profit also performed well, with a net profit of 6.6 billion yuan under Non-GAAP, and a net profit margin of up to 28%, up 26% year-on-year. Baidu's founder and chairman of the board of directors<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[272,228,234],"collection":[],"class_list":["post-10510","post","type-post","status-publish","format-standard","hentry","category-news","tag-272","tag-228","tag-234"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/10510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=10510"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/10510\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=10510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=10510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=10510"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=10510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}