Caixin Global – Latest China News & Headlines

Home >


CX Live is Caixin Global's real-time news portal, featuring 24-hour breaking news, short-form analysis, and roundups from business and social media in China.

Chinese Companies Usher in Age of Synthetic Meat
AI Startup Plans IPO at Value of at Least $1 Billion — in China
Huawei’s First 5G Commercial Phone Gets Warm Response Despite Limited Networks
Cathay Pacific CEO Hogg Resigns Amid Hong Kong Protests
Ninebot’s New Scooter Can Drive Itself Back to Charging Stations
Oppo to Unveil New Smartphone With 20x Zoom
Chinese Companies Usher in Age of Synthetic Meat
Record-Smashing Chinese Animation to Get Overseas Releases
WTO to Arbitrate China’s Complaints About U.S. Solar-Cell Tariffs
Vipshop Stock Soars After Q2 Results Beat Expectations
Japan Replaces China as Largest Holder of U.S. Government Debt
Huawei’s First 5G Commercial Phone Gets Warm Response Despite Limited Networks
AI Startup Plans IPO at Value of at Least $1 Billion — in China
Alibaba Q2 Revenue Jumps 42%, Beating Estimates But Slower Than Year Earlier
Baidu’s $66 Billion Dive Knocks It Out of China’s Internet Top 5
Beijing Grants Foreign Investors Wider Access to Entertainment Industry
Tencent-Backed Maoyan Turns Profit on Strong Ad Growth
Chinese App-Makers Smell Opportunities in Strict Trash-Sorting Rules
Casino Giant Galaxy Entertainment’s H1 Profit Drops 7% as High-Rollers Stay Away
Chinese Internet Sector Grows 17.9% Year-on-Year: MIIT
Xiaomi Receives Licenses for Second 5G Phone
Coal Industry Looks to Robots for Increased Safety
No Investor Love for Tencent, Lenovo and Luckin in Latest Reports
Baidu Developer Conference Live Coverage

By Tanner Brown and Zhao Runhua / Jul 03, 2019 10:44 AM / Business & Tech

Photo: VCG

Photo: VCG

It’s opening day at the Baidu annual developer conference, where China’s leading search engine tries to wow the tech world with its latest offerings. The company is trying to show the world that it’s not just a search engine anymore, as it seeks to recast itself as an artificial intelligence (AI) specialist with a focus on autonomous driving.

Baidu’s core search business has been under pressure lately due to a slowing domestic ad market, as well as negative publicity surrounding some of the practices at its core search business. It will try to keep all that out of the spotlight over the next two days, and instead focus on the future.

The following live blog includes the latest highlights from the conference, starting with the most recent.


Update 12:29 p.m.

Company officials give update on Baidu’s ambitious efforts to become China’s leader in autonomous driving, as part of its broader program titled Apollo.

The company now has 300 vehicles conducting autonomous driving tests in 13 cities, and is working with domestic carmaker FAW-Hongqi to develop driverless taxis that will be launched in the Central China city of Changsha. Baidu says progress has been good for development and production of the vehicles, which are being produced by FAW.

According to Baidu, around 100 vehicles for the Changsha project, to be called “Apollo Go,” will be produced and operated as a pilot fleet in the city by the end of this year. A larger fleet will come later.


Update 11:13 a.m.

Global chip-making giant Intel has been working closely with Baidu in the past 10 years, and will keep collaborating with the AI-first company in both hardware and software sectors in the future, according to Naveen Rao, Intel’s Corporate Vice President and General Manager of Artificial Intelligence Products Group.

As a highly valuable partner to Baidu, Intel has been invited to all annual AI conferences Baidu has organized. The company also provides solutions to Baidu’s autonomous driving project Apollo.


Update 10:47 a.m.

Baidu will partner with China’s 5G pioneer Huawei to integrate Baidu AI development platform PaddlePaddle with Huawei Kirin chip’s R&D, Baidu’s chief technology officer Wang Haifeng said. According to a Huawei executive, the company has already collaborated with Baidu in chip development for Huawei’s high-end Kirin 970 chip.


Update 10:00 a.m.

Baidu and Chinese carmaker Geely will work together in smart transportation projects such as the internet of things (IoT) for vehicles, Baidu Chairman Robin Li and Geely Chairman Li Shufu say in a joint announcement.  

The tie-up will allow users to send information such as addresses via Baidu’s voice-recognition smart speakers to Geely drivers whose vehicles are equipped with supporting software. Baidu is already China’s leading maker of smart speakers.

The new alliance is part of Baidu’s broader goal to popularize smart vehicles in China, the company says. As of June, Baidu voice assistant software has been installed in more than 400 million devices, the company said at the event.


Update 9:56 a.m.

During Baidu’s annual conference for AI, a man opened a bottle full of liquid and slowly poured it over Baidu chairman and CEO Robin Li‘s head when the co-founder of China’s internet behemoth was giving a keynote speech on smart transportation.

Looking up at the man, Li controlled his anger and surprise and asked, "What’s your problem?" Over 1,000 audience-members, including Baidu partners, developers, investors and global media were watching at the time.

The man was then controlled by security. His motive is unknown.

Li later said there will be different things going during the journey of AI’s development, and Baidu’s determination will not change.

Share this article
Open WeChat and scan the QR code
Copyright © 2019 Caixin Global Limited. All Rights Reserved.