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On August 22, Baidu released its Q2 2024 financial report, showing a total revenue of 33.9 billion yuan and an operating profit of 5.94 billion yuan; Baidu's core revenue was 26.7 billion yuan, and its core operating profit was 5.6 billion yuan, a year-on-year increase of 23%, exceeding market expectations. According to the financial report, intelligent cloud continued to accelerate its growth in the second quarter and will maintain a strong growth momentum.
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