An artificial intelligence (AI) robot seen in front of the the Baidu logo at the company’s headquarters in Beijing, March 4, 2021. Photo: Bloomberg
An artificial intelligence (AI) robot seen in front of the the Baidu logo at the company’s headquarters in Beijing, March 4, 2021. Photo: Bloomberg
Baidu

exclusive | China gaming crackdown: Baidu to lay off over 100 from gaming unit amid regulatory crackdown, heavy losses

  • Baidu will significantly downsize its core video gaming development team and terminate services to games developed by outside studios, sources said
  • The company reported a net loss of 16.6 billion yuan for the latest quarter, after marking down investments of 18.9 billion yuan

Topic |   Baidu
An artificial intelligence (AI) robot seen in front of the the Baidu logo at the company’s headquarters in Beijing, March 4, 2021. Photo: Bloomberg
An artificial intelligence (AI) robot seen in front of the the Baidu logo at the company’s headquarters in Beijing, March 4, 2021. Photo: Bloomberg
READ FULL ARTICLE