Baidu Recruiting Allies as Self-Driving Race Heats Up
A study conducted by Intel in partnership with Strategy Analytics predicts that autonomous driving will create a new passenger economy worth $7.0 trillion by 2050. Many companies, from seasoned automakers to technology companies, are vying for a slice of the commercial opportunity created by autonomous driving. One of them is Baidu (BIDU), for which self-driving presents an opportunity to put its artificial intelligence technology to use.