Uber Technologies is committing more than $10 billion to autonomous vehicles, marking a major shift from its traditional asset-light business model as it prepares for a future shaped by robotaxis.

A major outage involving self-driving cars operated by Baidu has disrupted traffic in the Chinese city of Wuhan, after a “system failure” caused dozens of robotaxis to suddenly stop in the middle of roads.

Baidu, China’s largest search engine operator, reported quarterly revenue that exceeded market expectations on Thursday, as robust growth in its cloud business helped offset continued weakness in its core advertising segment.

Uber and Lyft are teaming up with Chinese tech giant Baidu to trial driverless robotaxis in the UK starting next year, marking a major step in the global push for autonomous ride-hailing.

China’s tech giant Baidu has started layoffs across multiple business units following a third-quarter loss, sources said.

Baidu on Thursday unveiled two new semiconductors for artificial intelligence, aiming to provide Chinese companies with powerful, low-cost, and domestically controlled computing power, News.Az reports, citing Reuters.

Chinese tech giant Baidu (9888.HK) announced a partnership with Switzerland’s PostBus on Wednesday to launch its Apollo Go autonomous vehicle service in the country, marking a major step in its global self-driving expansion.

Tesla (TSLA) is collaborating with Chinese tech giant Baidu (BIDU) to boost the performance of its advanced driving assistance system (ADAS) in China, two people with knowledge of the matter said.

China's leading tech companies have significantly increased their capital spending this year, focusing heavily on artificial intelligence infrastructure despite ongoing U.S. sanctions aimed at curbing China's progress in this critical sector.