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US vs China: Battleground AI

Chinese internet giant Baidu unveiled its second-generation artificial intelligence chip, its very first "robocar" and a rebranded driverless taxi app, underscoring how these brand-new areas of innovation are crucial to the business's future development. The Beijing-headquartered firm, known as China's greatest search engine gamer, has actually focused on diversifying its business beyond advertising in the face of rising competition and a challenging advertising market in the last few years. Robin Li, CEO of Baidu, has actually attempted to convince financiers the company's future lies in AI and related locations such as autonomous driving.

On Wednesday, at its yearly Baidu World conference, the business launched Kunlun 2, its second-generation AI chip. The semiconductor is created to help devices procedure substantial quantities of information and improve computing power. Baidu states the chip can be utilized in locations such as autonomous driving and that it has actually gone into mass production. Baidu's first-generation Kunlun chip was launched in 2018. Earlier this year, Baidu raised money for its chip unit valuing it at $2 billion. Semiconductors and artificial intelligence are 2 crucial innovations in which China is wishing to boost its proficiency and strength. Baidu's competitor's like Alibaba and Tencent have both purchased semiconductors. Robocar Baidu likewise took the covers off a "robocar," an autonomous automobile with doors that open like wings and a big screen inside for home entertainment. It is the company and a model offered no word on whether it would be mass-produced. The principle automobile highlights Baidu's aspirations in autonomous driving, which analysts anticipate could be a multibillion dollar company for the Chinese tech giant. Baidu has likewise been running so-called robotaxi services in some cities including Guangzhou and Beijing where users can hail a self-governing taxi via the company's Apollo Go app in a minimal location. On Wednesday, Baidu rebranded that app to "Luobo Kuaipao" as it aims to present robotaxis on a mass scale.

Wei Dong, vice president of Baidu's intelligent driving group, informed CNBC the business is aiming for mass public industrial availability in some cities within 2 years. It's uncertain how Baidu will price the robotaxi service. In June, Baidu revealed a collaboration with state-owned automaker BAIC Group to develop 1,000 driverless cars and trucks over the next three years and eventually commercialize a robotaxi service across China. Baidu also revealed 4 new pieces of hardware, including a clever screen and a TELEVISION equipped with Xiaodu, the company's AI voice assistant. Xiaodu is another growth initiative for the company.

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