China's Baidu launches second chip and a 'robocar' as it sets up future in AI and autonomous driving

Baidu also took the wraps off a "robocar," an autonomous vehicle with doors that open up like wings and a big screen inside for entertainment. It is a prototype and the company gave no word on whether it would be mass-produced. But the concept car highlights Baidu's ambitions in autonomous driving, which analysts predict could be a multibillion dollar business for the Chinese tech giant. Baidu has also been running so-called robotaxi services in some cities including Guangzhou and Beijing where users can hail an autonomous taxi via the company's Apollo Go app in a limited area. On Wednesday, Baidu rebranded that app to "Luobo Kuaipao" as it looks to roll out robotaxis on a mass scale.