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As part of the arrangement, Baidu will introduce thousands of its Apollo Go autonomous vehicles on Uber’s platform in areas outside of China and the United States.
Uber and China's Baidu will partner to deploy thousands of Baidu's Apollo Go autonomous vehicles on the Uber platform across several international markets outside the U.S. and mainland China, the companies said on Tuesday.
The deal aims to increase the availability of affordable and reliable rides by integrating Baidu’s fully driverless cars into Uber’s network.
Baidu is the latest addition to Uber's growing list of autonomous vehicle partners, which includes Waymo, Volkswagen, May Mobility, and Pony AI.
The move will help Baidu internationalize its driverless car business, while Uber will gain a proven partner to take on autonomous driving rivals.
We recently published Lackluster Tuesday? Not for These 10 Stocks on Sky High. Baidu, Inc. (NASDAQ:BIDU) is one of Tuesday’s top performers. Baidu snapped a four-day losing streak on Tuesday, jumping 8.
Uber just announced a deal today with the company that runs one of the largest robotaxi fleets in China, as the ridehail giant nears its goal of becoming the world’s ultimate autonomous vehicle clearinghouse.
Uber and Baidu soon want to offer robotaxi services outside China and the USA. A newly signed strategic partnership provides for thousands of Baidu's
Shares of Baidu ( BIDU 9.13%) charged sharply higher on Tuesday, surging as much as 9%. As of 12:46 p.m. ET, the stock was still up 8.5%. The catalyst that sent the Chinese tech giant higher was a high-profile partnership for its self-driving car platform.