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Baidu's AI Cloud Infra revenue grew 50% year-over-year in the quarter to 30 June 2026, powered by GPU Cloud demand up 283%, and the company poured capital into keeping pace. Group-wide capital expenditure nearly tripled year-over-year to RMB11.39 billion ($1.68 billion), Baidu's Q2 2026 capital expenditure, up 199.7% year-over-year
Verified 2026-08-30
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