Baidu added to US Chinese Military Companies list but denies military ties, says no business impact.

Baidu, a leading AI and internet company, was added to the US Department of Defense's list of Chinese Military Companies. Baidu denies being a military company or contributing to China's defense industry and says there is no justification for its inclusion. The list is not a sanctions list and does not restrict US government procurement or trading of Baidu's securities. Baidu believes the designation will not affect its business operations.