Baidu continues to favor Baidu's share price in unmanned vehicles

Recently, a well-known financial website YahooFinance published an article saying that after Baidu released the "Apollo" plan, the stock price of the company rose. In addition to opening its autopilot platform, Baidu has continued its actions in the field of unmanned vehicles, including the acquisition of xPerception, a start-up technology company in the United States, and Harman, a manufacturer of audio products and infotainment systems. This has aroused the attention of many international media analysts. The outlook for Baidu is promising.

YahooFinance stated that after Baidu released the “Apollo” plan, which opened its autopilot platform, Baidu’s share price rose 3.6% on that day. It is reported that Apollo plans to provide an open, complete, and secure software platform to partners in the auto industry and autonomous driving field to help them build their own complete autopilot system in combination with vehicles and hardware systems. Baidu said that in July this year, it will first open the automatic driving of closed sites, open the autopilot technology under simple road conditions at the end of the year, and gradually open the fully automated driving technology on highways and ordinary city roads by 2020.

YahooFinance stressed that Baidu's "Apollo" initiative is a direct challenge to other major players in the field of automated driving, including Alphabet GOOGL and Tesla TSLA. This plan will not only consolidate Baidu’s dominant position in China’s auto-driving industry, but will also have an impact on the global industry landscape.

At the same time, Baidu recently acquired wholly-owned xPerception, an American startup technology company. xPerception focuses on developing hardware and software solutions for machine vision, and Baidu plans to use its technology to supplement and develop technologies in the field of driving unmanned vehicles and VR. This is another important acquisition in the AI ​​field after Baidu purchased 100% of Raven Technologies. This acquisition is an important support and supplement to Baidu's automatic driving development.

Accesswire said that this acquisition has a key role in strengthening Baidu’s position as a global leader in artificial intelligence. At the same time, Baidu is planning to strengthen its artificial intelligence advantage by locking in and attracting engineers and researchers from top U.S. research institutes, such as Carnegie Mellon, Berkeley, and Stanford, to increase its competitive advantage with the global artificial intelligence giant Google.

In addition, according to a well-known American technology blogger, TechCrunch, at the Shanghai Auto Show this week, Samsung’s international automotive supplier Harman announced that it will cooperate with Baidu, China's top internet service provider. Haman has close relationships with many car companies and has a professional car consultation entertainment system, while Baidu has occupied the limelight of China's artificial intelligence software economy. This cooperation can be described as a perfect match. The two companies will cooperate on Harman’s Smart Car and cloud platform based on Baidu’s artificial intelligence operating system’s personal secret electronic assistant and voice recognition engine technology to jointly develop Chinese and English automatic speech recognition, natural language processing, and speech. Synthetic smart car features.

Analysts at Bloomberg pointed out that autopilot is an important aspect of the commercialization of artificial intelligence. Baidu has entered the bureau early and has strong technical and talent accumulation advantages in the industry. It has also been very committed to commercialization. Lu Qi took office in software and hardware. For example, the strategic layout is clearer than before, and Baidu’s technological superiority is rapidly advancing on the road to commercialization. It is expected that autopilot will be an important step to help Baidu bring out a low tide, and Baidu’s profitability prospects for autopilot will also become more clear.

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