Chinese Tech Giant Baidu launch $1.5 Billion Autonomous Driving Fund

baidu

China Search Engine Giant Baidu Inc. announced a 10 billion yuan approx to $1.5 Billion to autonomous driving fund on Thursday as part of a wider plan to speed up its technical development and compete with U.S. rivals. Autonomus Fund to Driving Project The “Apollo Fund” will invest in 100 autonomous driving projects over the … Read moreChinese Tech Giant Baidu launch $1.5 Billion Autonomous Driving Fund