[Baidu Q2 Financial Report: Total Revenue of 31.3 Billion Yuan, AI Business Revenue Share Exceeds Half for Consecutive Quarters] Baidu (09888.HK) released its financial report for the second quarter of 2026, showing total quarterly revenue of 31.3 billion yuan. Baidu's general business revenue reached 25.2 billion yuan, with AI business revenue accounting for 50%, marking the second consecutive quarter where the share exceeded half. Baidu founder Robin Li stated that the sustained growth of the AI business further validates Baidu's transformation from an internet-centric company to an AI-first company, and strengthens Baidu's confidence in its long-term growth potential. The financial report disclosed that Baidu's AI cloud infrastructure revenue for the second quarter was 7.3 billion yuan, a year-on-year increase of 50%, with GPU cloud revenue growing 283% year-on-year, achieving triple-digit growth for four consecutive quarters. AI application revenue reached 2.5 billion yuan, a year-on-year increase of 3%, while AI-native marketing service revenue totaled 2.6 billion yuan.