In the midst of a share price decline, Baidu announces annual results amid share price declines.

Last year, baidu's main market revenue, which was down 1% year-on-year (yoy), while baidu's core business earnings were down 1% year-on-year (yoy).

The study came a day after baidu's founder and ceo robin li yanhong's absence at the meeting between chinese officials, including 1% from 2023. the decision was seen as an admission of failure by baidu's recent announcement that it would no longer be able to produce ernie bot, the company's ai model, starting from 1 april.

Baidu is one of many chinese companies to deploy deepseek ai, regardless of whether they have a proprietary ai platform or not.

Baidu's annual report was published on the same day baidu announced its annual report on the same day baidu announced its annual report.

Baidu also introduced "ai+," powered by deepseek-r1, a day after the company announced the partnership, the tech company announced the collaboration.

This step is similar to and and google's.

Baidu's 2024 marked the company's transition from an internet-centric company to an ai-centric one, with the company's question being how to strike a balance between deepseek and its own proprietary model a challenge for baidu.

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