Yu Kai, the 47-year-old chairman and CEO of Horizon Robotics, enters the billionaire ranks less than a week after his Beijing ...

Tesla billionaire Elon Musk took to a Hollywood movie set this month to spruik his vision of a world of driverless cars. In Wuhan that future arrived in 2022. Chinese tech giant Baidu now has more ...

Tesla has been operating supervised ridehailing of robotaxi for Tesla employees in California for the past year. Tesla also ...

My primary points were simple: I discussed that Baidu was highly underrated and undervalued. Its potential value from the AI/robotaxi segment isn't factored into its stock price here. Moreover ...

Science Ministry showcases locally developed self-driving bus in Seoul Gov't to spend 1.1 trillion won to develop self-driving cars Don’t bury your head in the sand, Mr. President ...

Robotaxi networks, which also need to provide cleaning and remote assistance, are not yet profitable. Baidu’s operation, which has completed seven million rides as of July, has yet to break even ...

Baidu’s advancements in AI and autonomous driving, particularly its robotaxi operations, could further enhance its valuation. The company’s efforts in AI search monetization, even under ...

Internationally, companies such as Baidu's Apollo Go in China are making significant strides, with a fleet of over 500 ...

The company has been exploring various business models and partnerships in a bid to scale up its robotaxi services. Baidu, Inc. (NASDAQ:BIDU)’s emphasis on innovation and market expansion ...