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Baidu launches robocar and AI chip in bid to diversify business

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Robin Li (R), CEO of Baidu, sits in the Chinese tech giant’s new prototype “robocar”, an autonomous vehicle, at the company’s annual Baidu World conference on Wednesday, August 18, 2021.

Baidu

GUANGZHOU, China — Chinese internet giant Baidu unveiled its second-generation artificial intelligence chip, its first “robocar” and a rebranded driverless taxi app, underscoring how these new areas of technology are key to the company’s future growth.

The Beijing-headquartered firm, known as China’s biggest search engine player, has focused on diversifying its business beyond advertising in the face of rising competition and a difficult advertising market in the last few years.

Robin Li, CEO of…



Source cnbc.com

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