Swiss Re and Chinese tech giant Baidu are teaming up to further develop the autonomous driving industry, announced Swiss Re. The partnership between Swiss Re and Baidu aims to further develop the autonomous driving industry by advancing risk management research …
China’s Baidu Inc. said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium led by TPG Capital Management LP and Carlyle Group LP, as it looks to deepen its push into …
China’s capital city has given the green light to tech giant Baidu Inc to test self-driving cars on city streets, an important step as the country looks to bolster its position in the global race for autonomous vehicles. Beijing has …
Allianz SE, the German insurer that stemmed outflows at U.S. asset manager PIMCO, is now trying to bulk up on the other side of the world. “Asia is still a relatively small part of the overall global portfolio but it …
German automaker BMW AG, U.S. chipmaker Intel Corp. and parts maker Delphi Automotive PLC on Tuesday said they would collaborate on development of a highly-automated self-driving platform for BMW, with Delphi handling integration of components and software. BMW said the …
Baidu Inc. said on Tuesday it would launch its self-driving car technology for restricted environment in July before gradually introducing fully autonomous driving capabilities on highways and open city roads by 2020. The project is named Apollo after the lunar …
Carmakers and suppliers gave widely differing timelines for the introduction of self-driving vehicles on Thursday, showing the uncertainties surrounding the technology as well as a split between cautious established players and bullish new entrants. Chipmaker Nvidia, facing direct competition with …
Auto insurance may be on the brink of an incursion from mobile-phone and technology companies. Telefonica SA’s O2 unit — one of the first mobile operators in Britain to offer car insurance — expanded its product line in February to …
China moved closer on Monday to adopting a controversial cyber security law, after parliament held a second reading of the draft rules, which carry significant consequences for domestic and foreign business and threaten greater censorship. China enforces widespread controls over …
It was hard to tell whether hope or fear was the predominant sentiment about the future of artificial intelligence, according to a panel discussing the state of the field at the World Economic Forum in Davos, Switzerland, Wednesday. A.I. systems …
