• 09/21/2024

Baidu’s self-driving project swerves to profit-chasing after burning cash for years

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The internet giant’s Intelligent Driving Group will strive for ‘100 million yuan of revenue and 100 million yuan of profits’, unit head Wang Yunpeng writes in a letter to employees.

https://www.scmp.com/tech/big-tech/article/3259682/baidus-self-driving-project-swerves-profit-chasing-after-burning-cash-years?utm_source=rss_feed