Recently, Google’s parent company Alphabet released its financial report for the third quarter of fiscal year 2024, and the results are encouraging. The company’s total revenue reached $88.3 billion, a 15% year-over-year increase. Among this, revenue from Google services amounted to $76.5 billion, a growth of 13%; while Google Cloud's revenue surged by 35%, reaching $11.4 billion. In this financial report, the contribution of artificial intelligence is particularly notable, with Google CEO Sundar Pichai stating that the company’s commitment to innovation and long-term investment in AI is continuously benefiting the company.

Baidu released its Q3 financial report, showing revenue of 34.447 billion yuan and a net profit of 7.3 billion yuan, a year-on-year increase of 23%. Baidu's core revenue reached 26.6 billion yuan, with a net profit of 7 billion yuan, increasing by 21% year-on-year. The user count for Baidu's Wenxin Yiyan reached 70 million, covering 4,300 scenarios. Baidu Cloud's 'Yun Yiduo' has 20 million users, and the new AI features of Baidu Wenku have accumulated over 30 million users.

NetEase announced its Q3 financial report with a net revenue of 27.3 billion yuan and over 12 billion yuan invested in R&D. NetEase's AI large model has been widely applied in core businesses and real-world scenarios. The NetEase Mail Smart Assistant has been approved, offering intelligent features such as AI email writing and email summarization. NetEase Youdao's educational large model supports the development of six major native applications. NetEase is increasing its investment in R&D and application of key technologies, including self-developed AI large models.