Baidu Archives - Pandaily

Baidu to Build World’s Largest Fully Driverless Ride-Hailing Service Area in 2023

Chinese internet giant Baidu announced plans on November 29 to build the world's largest autonomous ride-hailing service area next year. The message came during a celebration of Apollo Day, the firm's autonomous driving tech event.

Baidu Reports $4.57B Q3 Revenue and Abundant Free Cash Flow

Chinese tech and Internet giant Baidu announced on November 22 its unaudited financial results for the third quarter ended September 30, 2022, beating market consensus, with Baidu Core's non-GAAP operating profit increasing by 14% year over year.

Tencent Music Entertainment Shuts Down Digital Collection Business

Music streaming service provider Tencent Music Entertainment (TME) shut down its digital collection business and has transferred some team members to other departments.

Baidu and Geely-Backed EV Firm JIDU Launches Limited Edition of Robocar for $55K

JIDU, an intelligent electric vehicle company backed by Chinese tech giant Baidu and automotive leader Geely, officially released its first-ever robocar, ROBO-01 Lunar Edition. Priced at 399,800 yuan ($55,253), it is a co-branded model in cooperation with the China’s Lunar Exploration Project.

Baidu AI Cloud Releases New Generation Cloud Strategy

Baidu AI Cloud, an intelligent cloud computing brand under Chinese technology giant Baidu, released a new strategy consisting of the "Integration of Cloud and Intelligence, Deepening the Industry" and "Integration of Cloud and Intelligence 3.0".

Mass-Production Version of JiDU’s ROBO-01 Exposed

On September 5, a test car in disguise on a street in Beijing was recorded by observers. Judging from details such as its outline and the headlights, it can be determined that this is the mass-production version of ROBO-01, the first model to be produced by JiDU.

Baidu’s Robin Li: Next Commercial Stage of Autonomous Driving Is L4, Not L3

At the 2022 World Artificial Intelligence Conference (WAIC), Robin Li, Co-Founder, Chairman and CEO of Beijing-based tech giant Baidu, deliver a keynote speech entitled "When AI meets the real economy."

Baidu Reports Total Revenues of $4.43B, Driven by Baidu AI Cloud up 31% YoY

Beijing-based AI giant Baidu, Inc announced on August 30 its unaudited financial results for the second quarter ended June 30, 2022.

Baidu Capital Appoints Li Xiaoyang as New CEO

Baidu Capital, a fund jointly launched by Beijing-based internet giant Baidu, Inc. and China Life Insurance Company, on August 25 appointed Li Xiaoyang as the new CEO.

Baidu Reveals Superconducting Quantum Computer and World’s First All-Platform Integration Solution

“Qian Shi”, Baidu’s industry-level superconducting quantum computer, incorporates its hardware platform with the company's home-grown software stack.

New Energy Truck Firm DeepWay Bags $67M in Round-A Financing

DeepWay, a smart new energy truck company, announced on August 23 that it has secured 460 million yuan ($67.19 million) in Series A financing. This is the first round of external financing for DeepWay.

Baidu Netdisk Denies Manually Reviewing User Photos

Baidu Netdisk, a cloud storage product owned by Chinese tech giant Baidu, issued a statement on the evening of August 18, denying rumors currently circulating on social media that the company was manually reviewing end users' photos hosted on their platforms.