Technology Stocks : Baidu (BIDU)
BIDU 270.02+1.1%4:30 PM EDTNews

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From: Glenn Petersen7/6/2017 9:18:31 AM
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Baidu intends to become the preeminent player in autonomous vehicle technology.

The vehicle was controlled using software that Baidu ( 50 Smartest Companies 2017) plans to offer for free in the coming years through a project called Apollo. By making the brains of a self-driving car available to anyone, the Apollo project could help China’s many young carmakers get up to speed rapidly.

It also reflects China’s broader ambition to establish itself as a leading hub of artificial intelligence. Baidu’s move of making its training data openly available marks a significant departure in the field of commercial AI, where the information used to train sophisticated algorithms is typically guarded with obsessive jealousy.

The Chinese Plan to Take Over All Self-Driving Cars

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