Baidu Bets It’s Got the Upper Hand in Chinese Self-Driving Race
- Chinese search leader has built expertise in AI and mapping
- Baidu now needs to delve into new areas as growth tapers off
Baidu's Li: Automobiles Are Next Computing Platform
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Baidu Inc. expects to have the edge in autonomous driving after years of running China’s largest search engine armed it with expertise in machine learning and mapping.
The internet giant is sticking to a plan to have self-driving cars ply China’s roads by 2018, then mass production by 2020. The company will focus on its home market despite road conditions there being much more complex than in developed countries, Chief Financial Officer Jennifer Li told the Bloomberg Markets Most Influential Summit in Hong Kong.