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Baidu banks on growing artificial intelligence expertise
Published Sun, Sep 4, 2016 · 09:50 PM
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Hong Kong
BAIDU Inc has unveiled its latest plans to stake out a spot in the burgeoning field of artificial intelligence (AI), including a partnership with Nvidia Corp to develop driverless cars and taxis, and a home gadget akin to Amazon.com Inc's popular Echo.
Chief executive officer Robin Li is banking on its growing AI expertise to jumpstart a slowing search and advertising business, while one-upping rivals Tencent Holdings Ltd and Alibaba Group Holding Ltd.
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