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Internet giant Baidu targeting AI as new growth engine

Artificial Intelligence (AI) is a topic high on the agenda at Baidu World 2016, a major technology and innovation conference happening in Beijing on Thursday. It comes after the Chinese internet giant Baidu suffered a record plunge in profits in the second quarter, following an advertising scandal blamed for playing a role in the death of a young man from cancer. The clock is now ticking for Baidu to find new growth engines. CCTV’s Martina Fuchs has this story.

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