Baidu To Expand Fully Driverless Ride-Hailing Service Area

RTTNews | Pred 1046 dňami
Baidu To Expand Fully Driverless Ride-Hailing Service Area

(RTTNews) - Chinese Internet company Baidu.com Inc. said it plans to build the world's largest autonomous ride-hailing service area in 2023, maintaining its growth momentum.

The company, which offers autonomous ride-hailing platform Apollo Go, outlined its plans during its autonomous driving tech event, Apollo Day.

Further, a series of new autonomous driving technology breakthroughs were revealed at the event. These include an AI big model built for autonomous driving perception, high-definition autonomous driving maps, a closed-loop autonomous driving data system, and end-to-end adaptation of AI chips for autonomous vehicles.

In August, Baidu said it secured China's first-ever permits for commercial fully driverless ride-hailing services. China was the first country in the world that allowed fared fully driverless robotaxi operation.

Since then, the company has already rolled out fully driverless ride-hailing services, with no human drivers in the car, in the cities of Chongqing and Wuhan. They have access to hundreds of square kilometers of operation area.

The company, which considers Apollo Go to be the world's biggest robotaxi service provider, now plans to continue to expand its operation area next year to build the world's largest service area for fully driverless robotaxi service.

Apollo Go currently covers more than 10 cities in China including all first-tier cities. In the third quarter alone, Apollo Go has completed more than 474,000 rides, up 311 percent year over year, and a 65 percent increase compared to last quarter. By the end of third quarter, the accumulated rides provided to the public by Apollo Go have reached 1.4 million.

Jingkai Chen, Baidu's autonomous driving technology expert, said at the event, "Backed by its solid AI technology, Baidu Apollo has created a safe, intelligent and efficient autonomous driving technology system, bringing robotaxi services from designated zones to open roads at scale."

Jian Ouyang, CEO of Kunlun Chip, also revealed that Baidu's 2nd-gen Kunlun AI chip has completed an end-to-end performance adaptation for autonomous driving.

read more
Alibaba, Baidu Invest In Intel-Backed Horizon Robotics' IPO

Alibaba, Baidu Invest In Intel-Backed Horizon Robotics' IPO

Horizon Robotics, a Chinese developer of artificial intelligence chips used in autonomous driving systems, is seeking to raise as much as HK$5.4 billion or around $696 million in its Hong Kong initial public offering. According to its listing document, Chinese majors Alibaba Group Holding Ltd. and Baidu Inc. are investing in the IPO of the firm, which is backed by tech major Intel Corp.
RTTNews | Pred 359 dňami
Baidu's AI Chatbot Ernie Bot Records Over 200 Mln Users

Baidu's AI Chatbot Ernie Bot Records Over 200 Mln Users

Chinese internet company Baidu Inc.'s artificial intelligence or AI chatbot Ernie Bot has secured more than 200 million users, reports said citing CEO Robin Li. Ernie Bot, China's most popular ChatGPT-like chatbot, was released to the public in August last year. In December, the company had said that Ernie Bot's users reached over 100 million.
RTTNews | Pred 542 dňami
Baidu Swings To Profit In Q2, But Revenue Down 5%

Baidu Swings To Profit In Q2, But Revenue Down 5%

Chinese Internet company Baidu.com reported Tuesday a profit for the second quarter compared to a loss last year, which was weighed down by a hefty fair value loss from long-term investments. The company said it continued to optimize costs and enhance operational efficiency.
RTTNews | Pred 1137 dňami
SMI Sheds Over 1% As Stocks Tumble In Final Hour

SMI Sheds Over 1% As Stocks Tumble In Final Hour

After moving along the flat line till the penultimate hour of the day's trading session on Friday, Switzerland's benchmark index SMI tumbled in the final hour, as trade tensions intensified after U.S. President Donald Trump threatened to impose massive tariffs on Chinese imports.
RTTNews | Pred 3 minútami
TSX Down 0.7%, Looks Headed For Another Weak Close

TSX Down 0.7%, Looks Headed For Another Weak Close

After opening slightly higher and advancing further, the Canadian market slipped into negative territory Friday morning, pushed down by losses in healthcare, energy and technology sectors.
RTTNews | Pred 2 h 1 min
U.S. Consumer Sentiment Virtually Unchanged In October

U.S. Consumer Sentiment Virtually Unchanged In October

A report released by the University of Michigan on Friday showed its reading on U.S. consumer sentiment was virtually unchanged in the month of October. The University of Michigan said its consumer sentiment index edged down to 55.0 in October from 55.1 in September. Economists had expected the index to slip to 54.2.
RTTNews | Pred 2 h 14 min
Calico Brands Recalls 175K Scripto Premium Torches Sold At Walmart, Home Depot

Calico Brands Recalls 175K Scripto Premium Torches Sold At Walmart, Home Depot

Ontario, California-based Calico Brands is recalling about 175 thousand units of Scripto Premium Torches citing risks of injury or death from fires and burns, according to the U.S. Consumer Product Safety Commission. The recall involves the Scripto Premium Torch with UPC number "0-70257-52226-6".
RTTNews | Pred 3 h 51 min