Baidu Inc (ADR) (BIDU) Ramps Driverless Car Research Playing Catch Up To Alphabet Inc …

Baidu Inc (NASDAQ:BIDU) has assembled a team for its Autonomous Driving Unit in the U.S that will be leading the company’s drive to research, develop and propagate self-driving technology in the country. The Silicon Valley based ADU unit is expected to recruit up to 100 researchers, a display of Baidu’s ramp towards the technology in which it is trailing behind US companies; Google and Tesla among others. Baidu might have been born behind the Chinese firewall, safe from the competition offered by companies like Google in search but the company has emerged as a strong global internet player able to hold its own. The race towards self-driving cars is Baidu’s emulation of fellow search giant Google and uses the company’s experience in machine learning and other areas of artificial intelligence.…


Link to Full Article: Baidu Inc (ADR) (BIDU) Ramps Driverless Car Research Playing Catch Up To Alphabet Inc …