China's Baidu Unveils $5 Billion Buyback After Sales Beat Estimates

The transcript discusses Baidu's billion buyback plan and its impact on advertising recovery post-COVID-19. It highlights Baidu's AI business, particularly the Ernie chatbot, and its integration into various platforms. The transcript also covers the volatility in Baidu's stock and the pressures on Chinese tech stocks, noting a recovery trend as China reopens.

What potential does Baidu see in the Chinese market for artificial intelligence?

What are Baidu's expectations regarding the recovery trend of their business?