BAIDU INC. TO PRICE ITS SHARES $32.45 EACH AT HONG KONG SECONDARY LISTING

Highlights –

• Baidu Inc. to price its shares $32.45 each at Hong Kong secondary listing.
• Baidu reportedly will sell 95 million shares as part of the upcoming transaction.
• Baidu is reported to start trading its shares on the Hong Kong ...

CHINESE SEARCH ENGINE BAIDU INC. TO SELL 4 PERCENT OF ITS SHARES

Highlights –

• Chinese search engine Baidu Inc. to sell 4 percent of its shares.
• The search engine company will launch itself in Hong Kong secondary listing.
• Baidu shares listed on the Nasdaq have risen 18.1% so far this year.

CHINESE ENTRANTS WITH DRIVERLESS CAB AGGREGATOR MODEL FUELED BY TECH IN 2023

• China’s driverless car start-ups are looking forward to mass commercialization of self-driving taxis in 2023 as the country’s technology giants battle it out with one another to get a lead in the autonomous vehicle race.
• A number of plainly called “robotaxi&rd...

CHINA AI PUBLIC CLOUD SERVICE MARKET TOPPED BY BAIDU

Highlights:

• China’s Baidu has the highest share in the Artificial Intelligence (AI) public cloud service market. 
• Baidu has left behind the local Chinese competitors such as Alibaba Cloud and Tencent Cloud as well as industry heavyweights s...

How Baidu utilizes AI to follow missing individuals in China

AI isn't simply one more innovation yet, also could be a ground-breaking problematic instrument for open welfare as has been shown by Chinese tech major Baidu. The organization has utilized AI in China to discover almost 9,700 missing individuals and help outwardly debilitated individuals. It...

China-US technical war is round the corner

While the committee of the Chinese State Council was deliberating on the importance to accelerate gap the domestic money trade to overseas money establishments, and enhance the viability and aggressiveness of the Chinese economic system — Trump’s administration was mulling over the ch...