Thursday 19 October 2017
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28 days ago

Baidu announces $1.5 billion fund for autonomous driving

BEIJING, China – Chinese internet giant Baidu on Thursday, September 21, announced a $1.5 billion investment in autonomous driving projects over the next three years, as it seeks to diversify its portfolio and compete with rivals such as Google.  Over the next three years, the Apollo Fund will invest 10 billion ...

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