https://phys.org/news/2018-10-baidu-profit-apps-ai-revenues.html

The Beijing-based, Nasdaq-listed company credited "impressive" gains in its search function, news feed, and the new artificial intelligence (AI) projects that Baidu is staking its future on.

Quarterly revenues remained strong, growing 27 percent year-on-year to 28.2 billion yuan, Baidu said in an statement. It follows second-quarter earnings that were up 32 percent.