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Chinese humanoid robot startup Galbot raised over $300M led by China Mobile's industry investment fund at a $3B valuation, bringing its total funding to $800M (Eudora Wang/DealStreetAsia)

Eudora Wang / DealStreetAsia : Chinese humanoid robot startup Galbot raised over $300M led by China Mobile's industry investment fund...

18 February 2025

Baidu reports Q4 revenue down 2% YoY to ~$4.7B, above $4.6B est., and a ~$717M net income, above ~$540M est., as its search and AI businesses face competition (Bloomberg)

Bloomberg:
Baidu reports Q4 revenue down 2% YoY to ~$4.7B, above $4.6B est., and a ~$717M net income, above ~$540M est., as its search and AI businesses face competition  —  Revenue for the three months ended December shrank 2% to 34.1 billion yuan ($4.7 billion), versus an average estimate of 33.4 billion yuan.

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