China's Baidu to bring its driverless cars to Uber
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Uber and Baidu soon want to offer robotaxi services outside China and the USA. A newly signed strategic partnership provides for thousands of Baidu's
Shares of Baidu ( BIDU 9.13%) charged sharply higher on Tuesday, surging as much as 9%. As of 12:46 p.m. ET, the stock was still up 8.5%. The catalyst that sent the Chinese tech giant higher was a high-profile partnership for its self-driving car platform.
Uber Technologies is accelerating its global robotaxi expansion through a landmark multiyear alliance with China's Baidu Inc. This renewed partnership, rekindling ties from a strategic investment over a decade ago,
Alibaba stock, JD.com, Baidu and Tencent rise after China reported mixed economic data for the second quarter.
China's biggest public AI drop since DeepSeek, Baidu's open source Ernie, is about to hit the market
Chinese internet search giant Baidu will open source its Ernie gen AI large language model as soon as this week, with uncertain consequences for the market.
For a company long defined by proprietary development, this move is a symbol of a broader technological undercurrent sweeping across China: from innovation to diffusion.