Robin Li

Editor’s note: This article has been updated to reflect that Baidu’s robotaxi operations now cover 15 cities globally. Elon Musk has promised robotaxis every year since 2016 – and now, the latest vow is that Tesla Inc (NASDAQ:TSLA) will launch a fleet in Austin, Texas, by June....

In a major move towards international expansion, Baidu Inc. (NASDAQ:BIDU) is reportedly preparing to test its autonomous ride-hailing service in Europe. What Happened: The Beijing-based internet titan has been negotiating with PostAuto, a subsidiary of Swiss Post, to bring...

Robin Li, CEO of Baidu, stated that artificial general intelligence (AGI) is more than a decade away, despite other industry leaders predicting its imminent arrival. What Happened: Li made these remarks during a talk at the VivaTech conference in Paris, CNBC reported on Thursday. He emphasized that...

Chinese artificial intelligence company Baidu Inc. (NASDAQ:BIDU) has received permit to provide fully driverless robotaxi services in Beijing. What Happened: With the permit, Baidu has become the first provider of fully driverless robotaxi services in the capital city of any country worldwide, the...

As the market leader for electric vehicles, Tesla Inc (NASDAQ: TSLA) is being pursued by other electric vehicle upstarts and legacy automakers. An electric vehicle company backed by a leading search engine in China is the latest to call out its potential to one day pass Tesla. What Happened: Jidu...

Baidu Inc (NASDAQ: BIDU) is trading higher Tuesday after the company reported better-than-expected fourth-quarter financial results.  Baidu said quarterly revenue increased 9% year-over-year to $5.19 billion, which beat the $5.09 billion estimate. The company reported quarterly earnings of $1....

Baidu Inc (NASDAQ: BIDU) is trading lower after the company announced its third-quarter financial results and issued guidance with a midpoint below estimates. Baidu reported quarterly earnings of $2.28 per share, which beat the estimate of $2.01 per share. The company reported quarterly revenue of...

Baidu Inc (NASDAQ: BIDU) shares are up over 6% after reporting releasing second-quarter earnings. Second-quarter earnings came in at $1.47 per share, which may not compare to the 89 cent estimate. GAAP EPS came in at 96 cents. Sales came in at $3.84 billion, beating estimates by $80 million. "...

Cynosure (NASDAQ: CYNO): Cynosure, a medical appliance and equipment company, traded up on Tuesday after announcing second quarter earnings that beat analyst estimates. The company reported record revenues of $39.6 million, a 50 percent increase from the second quarter of 2011 that saw revenues of...