# Chinese tech competition
Latest news and articles about Chinese tech competition
Total: 2 articles found
Baidu Goes All‑In on AI After ¥16.2bn Write‑Down and 76% Profit Collapse
Baidu’s 2025 results exposed the costs of an urgent pivot: revenue slipped and net profit collapsed 76%, driven largely by a ¥16.2bn write‑down of obsolete compute assets. The company is reallocating around AI — reporting a fast‑growing ¥40bn AI new business — but faces intense competition, uncertain unit economics and the challenge of replacing evaporating search‑ad revenue.
WeChat Clips Tencent’s Yuanbao in China’s AI ‘Red‑Envelope’ War — A Lesson in Platform Governance
WeChat has blocked in‑chat links from Tencent’s AI app Yuanbao for using share mechanics that the platform said induced excessive forwarding and harmed user experience, forcing Yuanbao to change its sharing approach. The enforcement, which also affected Baidu and Alibaba apps, underscores how platform governance and ecosystem fit now matter as much as model performance or marketing spend in China’s heated AI ‘red‑envelope’ competition.