China's Baidu to bring its driverless cars to Uber
Digest more
Nvidia chief Jensen Huang said it would “accelerate the recovery” of its China sales, after a détente between Beijing and Washington allowed the leading AI chipmaker to resume shipments of a key processor specifically designed for the Chinese market.
Shares of Baidu ( BIDU 9.13%) charged sharply higher on Tuesday, surging as much as 9%. As of 12:46 p.m. ET, the stock was still up 8.5%. The catalyst that sent the Chinese tech giant higher was a high-profile partnership for its self-driving car platform.
For a company long defined by proprietary development, this move is a symbol of a broader technological undercurrent sweeping across China: from innovation to diffusion.
Alibaba stock, JD.com, Baidu and Tencent rise after China reported mixed economic data for the second quarter.
Uber and China's Baidu will partner to deploy thousands of Baidu’s Apollo Go autonomous vehicles on the Uber platform across several global markets outside the United States and mainland China, the companies said on Tuesday.
The Register on MSN5d
China's biggest car rental company now offers autonomous carsThree-seater from Baidu delivers itself, follows directions, then finds its way home China’s largest car rental operator, Car Inc., now rents autonomous cars.… The company, also known as “Zuche”, is using cars from Chinese tech giant Baidu for the service.