Swiss Re and China Tech Giant Baidu Partner to Advance Autonomous Driving Industry November 19, 2021 Swiss Re and Chinese tech giant Baidu are teaming up to further develop the autonomous driving industry, announced Swiss Re....
China’s Baidu Selling Majority Stake in Fintechs; May Enter Insurance April 30, 2018 By Julie Zhu and Sijia Jiang China’s Baidu Inc. said it will sell a majority stake in its financial services business for about $1.9 billion to...
Chinese Tech Giant Baidu to Test Self-Driving Cars in Beijing March 23, 2018 China’s capital city has given the green light to tech giant Baidu Inc to test self-driving cars on city streets,...
Allianz Sets Its Sights on Asia-Pacific’s ‘Growth Engine’ June 21, 2017 By Oliver Suess Allianz SE, the German insurer that stemmed outflows at U.S. asset manager PIMCO, is now trying to bulk up on...
BMW, Intel & Parts Maker Delphi to Develop Self-Driving Platform May 17, 2017 By Paul Lienert German automaker BMW AG, U.S. chipmaker Intel Corp. and parts maker Delphi Automotive PLC on Tuesday said they would collaborate...
China’s Baidu Plans July Launch of Self-Driving Car Technology April 19, 2017 Baidu Inc. said on Tuesday it would launch its self-driving car technology for restricted environment in July before gradually introducing...
When Will Self-Driving Cars Be Rolled-Out? Carmakers, Suppliers Disagree March 17, 2017 By Georgina Prodhan Carmakers and suppliers gave widely differing timelines for the introduction of self-driving vehicles on Thursday, showing the uncertainties surrounding the...
UK Auto Insurers Face Disruption from Mobile Phone & Tech Companies March 3, 2017 By Rebecca Penty and Oliver Suess Auto insurance may be on the brink of an incursion from mobile-phone and technology companies. Telefonica SA’s O2 unit —...
China Close to Adopting Controversial Cyber Security Rules June 27, 2016 China moved closer on Monday to adopting a controversial cyber security law, after parliament held a second reading of the...
Artificial Intelligence to Help Reduce Insurance Risks: Baidu President January 21, 2016 By Jeremy Kahn It was hard to tell whether hope or fear was the predominant sentiment about the future of artificial intelligence, according...