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Baidu, Inc. latest news:
Chinese carmaker Chery to use Nvidia's self-driving technology
Nvidia Corp(NVDA) said on Tuesday China's Chery Automobile Co would use its self-driving technology that it has developed with Baidu (BIDU) and ZF Friedrichshafen AG. Chery will be the first Chinese carmaker to adopt the new system, Nvidia (NVDA) said.
BRIEF-Baidu USA, Access Services Announce Pilot Project For Autonomous Vehicle Services
* BAIDU USA, ACCESS SERVICES ANNOUNCE PILOT PROJECT FOR
ROUTE AUTONOMOUS VEHICLE SERVICES FOR ADA, SENIOR COMMUNITIES IN
BRIEF-Baidu, Asia Mobility Industries Announce Strategic JV
Baidu Inc(BIDU): * BAIDU(BIDU), ASIA MOBILITY INDUSTRIES ANNOUNCE STRATEGIC JV TO LAUNCH APOLLO SOUTHEAST ASIA AUTONOMOUS DRIVING PROGRAM AND INVESTMENT FUND. * SAYS $200 MILLION TECHNOLOGY FUND TO BE FOCUSED ON OPPORTUNITIES IN SOUTHEAST ASIA FOR AUTONOMOUS DRIVING & INTELLIGENT TRANSPORTATION Source text for Eikon: Further company coverage:
Nvidia partners with Uber, Volkswagen in self-driving technology
Nvidia Corp(NVDA) will partner with Uber Technologies Inc and Volkswagen AG as the graphics chipmaker's artificial intelligence platforms make further gains in the autonomous vehicle industry. The company, which already has partnerships in the industy with companies such as carmaker Tesla and China's Baidu (BIDU), makes computer graphics chips and has also been expanding into technology for self-driving cars.
BRIEF-Baidu And Xiongan New Area Sign Strategic Agreement To Develop Smart City
Baidu Inc(BIDU): * BAIDU AND XIONGAN NEW AREA SIGN STRATEGIC AGREEMENT TO DEVELOP SMART CITY. * BAIDU SAYS CO, GOVERNMENT OF HEBEI ALSO PLAN TO JOINTLY ESTABLISH NATIONAL AI LAB. * Baidu Inc(BIDU) - CO, ADMINISTRATIVE COMMITTEE OF XIONGAN NEW AREA IN CHINA'S HEBEI PROVINCE SIGNED DEAL TO DEVELOP NEW ECONOMIC ZONE INTO SMART CITY Source text for Eikon: Further company coverage:
BRIEF-Baidu's Smartphone Screen Recording App Surpasses 35 Mln Users Worldwide
Baidu Inc(BIDU): * SAYS ANNOUNCED THAT ITS SMARTPHONE SCREEN RECORDING APP DU RECORDER SURPASSED 35 MILLION USERS WORLDWIDE Source text for Eikon: Further company coverage:
AMD stock jumps after Macquarie upgrade
Shares of Advanced Micro Devices rose 4.7% in Monday morning trading after analysts at Macquarie Research upgraded the stock to neutral from underperform. While the analysts, led by Srini Pajjuri, see "headwinds" in the cryptocurrency market and predict only moderate share gains in both PCs and graphics processing units (GPUs), they're more upbeat about other aspects of the business, including the opportunity for growth in average selling prices [ASP] and a recent partnership with Intel Corp. . The firm predicts "further ASP tailwinds in GPUs driven by Apple iMac Pro win and the recent Intel partnership (for gaming notebooks)." The analysts also see potential for AMD's server business, thanks to "encouraging" arrangements with Microsoft Inc. , Baidu Inc. , and Hewlett Packard Enterprise Co. , though they caution that share gains will take time. They raised their price target on shares to $11, from $10. AMD shares have fallen 5.8% so far in 2017, compared with a 20% gain for the S&P 500 Index and a 40% rise for the Philadelphia Semiconductor Index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Ford's China growth plan includes introduction of 50 new vehicles by 2025
Ford Motor Co. said Tuesday it will introduce more than 50 new vehicles in China by 2025. The automaker's China growth plan includes the assembly of five more vehicles in China, starting in 2019, and an increase in engineering and research and development capabilities locally to support the growth plan. The new vehicles in China will include eight SUVs, at least 15 electrified vehicles from Ford and Lincoln and the Zotye-Ford JV will launch a new range of affordable all-electric vehicles. Ford said it will continue to work with China-based internet company Baidu Inc. to develop driverless cars. "China is not only the largest car market in the world, it's also at the heart of electric vehicle and SUV growth and the mobility movement," said Chairman Bill Ford. The stock, which tacked on 0.3% in premarket trade, has rallied 11% over the past three months, while the shares of rival General Motors Co. have climbed 16% and the Dow Jones Industrial Average has gained 12%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
China Citic, Baidu launch direct bank in fintech push
China Citic Bank Corp(CHBJF) and search engine giant Baidu Inc (BIDU) launched on Saturday a direct banking joint venture, dubbed AiBank, to capitalise on China's rapidly growing fintech sector.
BRIEF-Baidu unveils Raven series AI-powered hardware
* BAIDU UNVEILS RAVEN SERIES AI-POWERED HARDWARE AT 2017
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