Baidu released its second-quarter 2026 financial report, with total revenue for the quarter reaching 31.3 billion yuan; general business revenue was 25.2 billion yuan, of which AI business revenue accounted for 50%, exceeding half for two consecutive quarters. Li Yanhong stated that AI has become a core development direction for Baidu, and the company is accelerating its transformation into an AI-first enterprise.
In the second quarter, Baidu's AI cloud infrastructure revenue reached 7.3 billion yuan, up 50% year-on-year; among which GPU cloud growth increased by 283%, further accelerating from 184% in the previous quarter, maintaining triple-digit growth for four consecutive quarters. According to IDC reports, Baidu Intelligent Cloud ranks first in market share in industries such as finance, gaming, and embodied intelligence.
AI application revenue reached 2.5 billion yuan this quarter, up 3% year-on-year. In August, Baidu completed the integration of its AI office product line, forming a product matrix represented by Baidu Dazi, Kuku AI, and Miaoda. Among them, Baidu Dazi's MAU grew by 1063.79% month-on-month in July, ranking first in growth rate; Kuku AI's office MAU exceeded 25 million, ranking first in the AI office sector. Baidu Miaoda launched version 3.5 in July, completing six capability upgrades, ranking first in the AI-native no-code application generation platform with a 33.4% market share; the self-evolving intelligent agent Baidu Famo has seen 3,000 enterprises apply for trial use.
