Baidu Reveals 4 New Artificial Intelligence Technologies

Baidu (NASDAQ:BIDU) recently hosted its annual Baidu World Conference in Beijing to showcase its latest technologies. The theme of this year's conference was the "Intelligence of Everything," with a heavy emphasis on artificial intelligence (AI) technologies in cars, wearables, and other connected devices. Let's examine four of these new AI technologies, how they'll expand Baidu's ecosystem, and whether or not they can strengthen its core business -- which still faces stiff competition from growing rivals like Tencent (OTC:TCEH.Y), Alibaba (NYSE:BABA), and ByteDance. Baidu announced that its autonomous vehicles have undergone six million kilometers of open road tests, carried 100,000 passengers across 27 cities, and experienced zero accidents. Baidu also showcased a fully autonomous robotaxi, which can carry passengers without a backup driver, and a new autonomous valet parking feature, and revealed a 5G "remote driving" feature which will allow human drivers to remotely control vehicles in case of emergencies.