Baidu is reportedly planning to launch a subsidiary AI chip firm, which could boost China‘s efforts to develop a domestic semiconductor industry.
CNBC reports the search giant is in discussions with venture capital companies GGV and IDG Capital about investing in the enterprise.
The company would sell chips to customers in various industries, including automakers, and could also support Baidu’s work on electric and autonomous vehicles.
A source told CNBC the Baidu will probably be the vast majority shareholder of the subsidiary.
The information is as China pushes to fortify its homegrown chip industry.
Also read: Snapchat Premium: How To Make A Snapchat Premium App?
The nation’s reliance on overseas equipment was subjected by the trade war with the US, which imposed a string of limitations on sales of components and chips to China.
China reacted by setting an objective of generating 70 percent of those semiconductors it utilizes by 2025.
The goal is definitely ambitious: just 16 percent of the semiconductors it utilized in 2019 were created indigenously.
The nation is relying upon government investment and national businesses to become more self explanatory.
Also read: 14 Best Webinar Software Tools in 2021 (Ultimate Guide for Free)
NBC notes that technology giant Tencent recently spent in an AI chip startup, whereas Alibaba and Huawei both unveiled AI semiconductors at 2019.
Baidu’s subsidiary would further support China’s drive for self-sufficiency, but the country is still a long way from building a world-leading chip industry.
Top 10 News
-
01
[10 BEST] AI Influencer Generator Apps Trending Right Now
Monday March 17, 2025
-
02
The 10 Best Companies Providing Electric Fencing For Busines...
Tuesday March 11, 2025
-
03
Top 10 Social Security Fairness Act Benefits In 2025
Wednesday March 5, 2025
-
04
Top 10 AI Infrastructure Companies In The World
Tuesday February 11, 2025
-
05
What Are Top 10 Blood Thinners To Minimize Heart Disease?
Wednesday January 22, 2025
-
06
10 Top-Rated AI Hugging Video Generator (Turn Images Into Ki...
Monday December 23, 2024
-
07
10 Top-Rated Face Swap AI Tools (Swap Photo & Video Ins...
Friday December 20, 2024
-
08
10 Exciting iPhone 16 Features You Can Try Right Now
Tuesday November 19, 2024
-
09
10 Best Anatomy Apps For Physiologist Beginners
Tuesday November 12, 2024
-
10
Top 10 Websites And Apps Like Thumbtack
Tuesday November 5, 2024
Related Posts
Future
Gemini AI Coming To Cars Like Mercedes-Benz & Volkswage...
By: Ankita Sharma, Wed April 23, 2025
Gemini AI coming to car rumours has been surfaced with Android Automotive OS in..
Future
The Future of Android XR: What Project Moohan Reveals About ...
By: Bharat Kumar, Wed March 12, 2025
Extended Reality (XR), which include Virtual Reality (VR), Augmented Reality..
Future
Project Moohan XR Ecosystem: How It Could Shape The Future O...
By: Bharat Kumar, Fri March 7, 2025
Samsung in partnership with Google, showcase next-gen XR headset in combination..
Future
7 Future Technology That Will Change Our World
By: Neeraj Gupta, Fri May 3, 2024
The tendency of the future technology depends on the present innovation. And..
Future
The Biggest Technology Trend In Computer Science In The Next...
By: Ankita Sharma, Wed April 24, 2024
Radical changes have been noticed with the technology trend in computer..
Future
The Impact And Future Of Industrial Laser Solutions
By: Evelyn Addison, Thu March 21, 2024
In the realm of industrial manufacturing and processing, industrial laser..
Subscribe
0 Comments