Chinese internet giant Baidu in cooperation with two German companies is planning to start developing “smart” automobiles. Baidu is also willing to create a special technology that will ensure fully autonomous cargo transportation by introducing artificial intelligence. This is not the first time when Baidu tries to develop such driverless cars. The first results are expected to be published already in July. This beneficial cooperation will have a positive impact on company’s shares.
Since the end of May Baidu shares rose by 2,9% and continue rising. The trade will be available during American session from 14:40 to 21:00 GMT.
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