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iQIYI Unveils AI Overhaul As Revenue Seen Falling 13% [Yahoo! Finance]
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artificial intelligence to reshape how films and shows are created, positioning the company for what CEO Gong Yu described as a once-in-a-decade transition. Speaking at the company's annual content showcase in Beijing, Gong indicated that AI could eventually generate a meaningful portion of iQIYI's content from scratch, as the platform evolves from a traditional streaming service into a more social-media-oriented destination centered on AI-driven content. The move comes as the Baidu-backed company navigates ongoing pressure from short-video platforms, which have contributed to a prolonged revenue slowdown and pushed management to reconsider the balance between professionally produced programming and emerging formats. Warning! GuruFocus has detected 3 Warning Signs with IQ. Is IQ fairly valued? Test your thesis with our free DCF calculator. As part of this transition, iQIYI introduced its Nadou Pro system, which the company says is capable of handling nearly the full production p
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