Following Baidu’s fourth-quarter sales forecast falling below analyst estimations, the co-founder and CEO of the Chinese search engine, Robin Li, announced a range of new artificial intelligence initiatives at the Baidu World Technology conference in Beijing last month. Announcing an “AI Boom,” at the conference, Li unveiled a partnership with Volvo to develop self-driving electric cars in China and the world’s first AI park in Beijing’s Haidian district – the park combines autonomous buses and smart walkways. In his speech, Li has shown that Baidu intends to drive growth by betting heavily on the success of Read full story ›
Source: The Drum