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Tag: baidu
Baidu starts testing driverless car on public roads in China
2016-06-06 23:26:00| Telecompaper Headlines
(Telecompaper) Chinese search engine Baidu plans to mass produce a driverless car in five years. Baidu is currently testing its model on public roads in Beijing and in Wuhu, in Anhui province, as well as in a closed testing area in Shanghai. Baidu plans to test its car in 10 cities across China to experience different weather, road and traffic conditions, The WSJ reports, citing Baidu senior VP Wang Jing. Wang said 93 percent of accidents in China are currently caused by human error, and Baidu is open to cooperation with ride-sharing companies. Wang also said that the first batch of self-driving cars will still have steering wheelseven though they don't really have too for people who want to "drive for fun".
Tags: public
china
car
testing
Baidu ups bank loan to USD 2 bln - report
2016-06-03 09:40:00| Telecompaper Headlines
(Telecompaper) Baidu has upped the size of its USD 1 billion five-year loan to USD 2 billion, Bloomberg reported, citing people familiar with the matter. The company received commitments from 21 banks for the facility, the sources said. Baidu announced the USD 1 billion loan in April, saying it would put the money to general corporate purposes. No comment was immediately available.
Baidu using Inspur server to support deep learning platform of driverless car
2016-05-23 11:56:14| Green Car Congress
Tags: support
car
server
learning
Baidu boss urges 'values before profits'
2016-05-10 09:40:33| BBC News | Business | UK Edition
Robin Li, chief executive at China's largest search engine company Baidu, wants employees to place "values before profits".
Tags: values
boss
profits
urges
China orders Baidu to change how ads come up in searches
2016-05-09 16:32:00| Telecompaper Headlines
(Telecompaper) The Chinese government has order Baidu to change the way it handles advertising results with its online searches, one week after launching an investigation into the company's advertising practices, the Wall Street Journal reported. Internet regulators launched the investigation after the death of Wei Zexi, a college student with cancer who had taken a therapy found through an online advertisement on Baidu.
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