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WSJ Tech News Briefing

TNB Tech Minute: Baidu Revenue Declines For Third Straight Quarter

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 26 February 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Mistral AI lands tech consulting group Accenture as latest big client. And Stellantis targets return to profit after scaling back costly EV investments. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:31.3

Here's your morning TNB Tech Minute for Thursday, February 26th. I'm Julie Chang for the Wall Street Journal.

0:38.2

Baidu reported sharply lower profit, with revenue declining for a third straight quarter.

0:43.6

The Chinese search giant has been struggling to transform its business in the AI era.

0:48.3

Fourth quarter net profit dropped 66% from a year earlier to about $259 million, missing analyst estimates, and revenue fell 4%.

0:57.6

Baidu has been facing pressure on both its top and bottom lines as its main advertising

1:02.4

business slows. Seeking new avenues of growth, the internet company has been investing heavily

1:07.5

in fields such as AI, self-driving technology, and chip development.

1:12.5

Mistral AI has partnered with Tech Consulting Group Accenture. The French AI startup will make its

1:17.9

models available to Accenture so it can use them to assist its own clients in leveraging AI.

1:23.2

Financial details for the multi-year agreement weren't disclosed. Accenture employees will have access to products like Mistral AI Studio, a platform that allows

1:31.6

users to experiment with models before embedding the technology in their operations.

1:36.4

The software will allow Accenture to advise its customers on how to deploy AI at scale.

1:41.4

Accenture is Mistral's latest high-profile client.

...

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