iQIYI, Inc. (NASDAQ:IQ) Q3 2023 Earnings Call Transcript

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Some industries have seen a 200% increase in app spending compared to before the use of AI while using — while other campaigns using AI-generated materials have also experienced a 60% higher rate of investment compared to non-AI materials. In the future, we will continue to explore more business scenarios and application opportunities, fully leveraging the capabilities of generative AI to create even greater value. Thank you.

Operator: There are no further questions at this time. I will now hand it back to management for closing remarks.

Chang You: Thank you everyone for participating in today’s call and please do not hesitate to contact us, if you have further information or questions. Thank you. Bye-bye. We will see you next quarter.

Operator: Thank you. The conference has now concluded. Thank you for attending today’s presentation and you may now disconnect.

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