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Posted inNews

Baidu, Ford Invest $150M In Detection Tech For Autonomous Cars

As tech giants like Baidu and Google refine the technology to make fully autonomous cars feasible, one important barrier still stands between research and mass production: affordability. On Tuesday, Baidu and Ford announced a $150 million USD joint investment in Velodyne LiDAR, Inc., a Silicon Valley-based company that develops laser-based LiDAR (Light Imaging, Detection, and Ranging) […]

Posted inNews

Baidu Announces New Autonomous Car Team In Silicon Valley

Chinese search engine Baidu Inc. announced on Friday the formation of a team in Silicon Valley focused on R&D for autonomous cars. The team will be part of Baidu’s newly-created Autonomous Driving Unit (ADU). With the announcement, Silicon Valley becomes Baidu’s home turf for both their self-driving car team and Baidu Research’s Silicon Valley AI Lab (SVAIL). Baidu has […]

Posted inNews

China’s Internet Giants Back A Smartphone On Four Wheels

Baidu earned a neat three percent bump in stock prices on Thursday after they recorder higher-than-expected revenues. One project that they’ll be spending the cash on is their driverless car unit, a research and development effort spanning between the U.S. and China. “We believe that the automobile is the next major computing platform,” said CEO Robin Li during […]

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