According to Baidu's 2025 first-quarter financial report, revenue from its intelligent cloud business soared to approximately 6.7 billion yuan, registering a robust 42% year-on-year increase. This marks the highest growth rate since 2022 and positions the intelligent cloud business as a pivotal growth engine for Baidu's core operations. Li Yanhong emphasized the rising market recognition of Baidu's comprehensive AI product suite. Shen Dou further noted that the surging demand for generative AI played a critical role in driving this revenue growth. By leveraging its efficient AI infrastructure and the advantages of the Qianfan MaaS platform, Baidu Intelligent Cloud has successfully attracted a substantial customer base. Moreover, the proportion of subscription-based revenue is anticipated to continue its upward trajectory, with non-GAAP operating margins maintaining a double-digit percentage and exhibiting a trend of sustained expansion.