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Baidu Stock: AI Cloud And Robotaxi Are Strong Catalysts (NASDAQ:BIDU)

Baidu stock looks set to be a leader in the autonomous driving and robotaxi industry. Click here to find out why BIDU's target price is conservative.

Baidu Apollo Selected to Build Landmark 5G Intelligent Driving Project in Chengdu

Baidu Apollo Selected to Build Landmark 5G Intelligent Driving Project in Chengdu News provided by Share this article Share this article BEIJING, March 10, 2021 /PRNewswire/  Baidu, Inc. (NASDAQ:BIDU), a leading AI company with strong Internet foundation, today announced that Baidu Apollo jointly won a bid to construct a 5G intelligent driving project in Chengdu in a tender worth RMB 105 million ($16.1 million). The first project of its kind on Sichuan Province, the win adds to Baidu Apollo s growing portfolio of smart transportation projects across China, which are leveraging the company s strengths in AI-powered new infrastructure to bring about an intelligent transformation of transportation and urban management.

Baidu Introduces World s First Multi-Modal Autonomous Driving MaaS Platform in Guangzhou

, Robobus and Apolong will commence trial operations on public roads in the city Going forward, Baidu is expected to deploy over 100 Robotaxis and establish almost 1,000 pickup stations in Guangzhou Huangpu District BEIJING, Feb. 8, 2021 /PRNewswire/ Baidu, Inc. (NASDAQ:BIDU) today deployed a multi-modal autonomous driving MaaS (mobility as a service) platform that will provide AI-driven city transportation services in Guangzhou. Utilizing a fleet of Apollo Robotaxis and Robobuses along with three other model types of autonomous vehicles, this initiative will allow local users to order smart transport services on demand, starting in the Chinese New Year holiday period. The implementation of both Baidu Apollo and the ACE Transportation Engine is a testament to the promising commercialization prospects of smart transportation in the intelligent era.

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