Apollo Go, also known as Luobo Kuaipao, is Baidu's autonomous ride-hailing service and a global leader in large-scale ...

Along with minimum asset value recognition in robotaxi and the expected acceleration of share buybacks, he noted an attractive risk/reward profile for Baidu stock. With the expected growth in ...

Baidu and CATL will work together to develop driverless vehicles and business models, using CATL's technology. Baidu's robotaxi service has reached 1.1 million paid rides.

Baidu revealed progress of their subsidiary, Apollo Go on their earnings call. The number of paid robotaxi rides 1.1 million in 4Q 2024 which is up +36% Year over year The cumulative robotaxi rides ...

Another area of potential growth is Baidu's robotaxi initiative. The company is making progress in this field, with expectations of moving towards scalable commercial operations in FY2025.

Chinese tech company Baidu said on Sunday it has launched two new artificial intelligence (AI) models, which are said to ...

Chinese technology giant Baidu will expand its autonomous ride-hailing business “faster than ever” and is seeking collaborative partners to multiply its driverless fleet size, chief executive Robin Li ...

CEO Robin Li highlighted a pivotal year for Baidu with significant advancements in AI-driven innovation, including a 26% year-over-year revenue growth in the AI Cloud business, driven by market ...

What potential does Baidu's robotaxi initiative hold for long-term success? Baidu's robotaxi initiative presents a compelling opportunity for long-term success and diversification of revenue streams.

Baidu will leverage its AI capabilities in digital intelligence development to support CATL across chips, platforms, and applications, the company said. In autonomous driving, the partnership will ...