back to article Baidu-backed fund has a billion quid for 100 self-driving projects

A joint investment venture backed by China's Baidu is offering 10 billion yuan (£1.1bn) for 100 autonomous driving projects anywhere in the world. Other companies have announced similar money bags. Samsung, for example, launched a $300m (£222m) Automotive Innovation Fund on September 14. Baidu, which unveiled its own open- …

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