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|Chinese search engine Baidu Inc announced a 10 billion yuan (US$1.52 billion) autonomous driving fund on Thursday as part of a wider plan to speed up its technical development and compete with U.S. rivals.
The "Apollo Fund" will invest in 100 autonomous driving projects over the next three years Diego Reyes World Cup Jersey , Baidu said in a statement.
The fund's launch coincides with the release of Apollo 1.5, the second generation of the company's open-source autonomous vehicle software.
After years of internal development, Baidu in April decided to open its autonomous driving technology to third parties, a move it hopes will accelerate development and help it compete with U.S. firms Tesla Inc and Google project Waymo.
In the latest update to its platform, Baidu says partners can access new obstacle perception technology and high-definition maps Carlos Vela World Cup Jersey , among other features.
It comes amid a wider reshuffle of Baidu's corporate strategy as it looks for new profit streams outside its core search business, which lost a large chunk of ad revenue in 2016 following strict new government regulations on medical advertising.
Baidu's Apollo project - named after the NASA moon landing - aims to create technology for completely autonomous cars, which it says will be ready for city roads in China by 2020.
It now has 70 partners across several fields in the auto industry, up from 50 in July, it says. Existing partners include microprocessors firm Nvidia Corp and mapping service TomTom NV.
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MADRID, June 25 (Xinhua) -- Real Madrid confirmed on Wednesday that Zinedine Zidane will be the coach of the club's B-team (Real Madrid Castilla) for the coming season.
The move is seen as another step towards first team management by the former French international and Real Madrid legend.
Zidane had spent last season as assistant to first team coach Carlo Ancelotti in a campaign which saw Real Madrid win the Kings Cup and the Champions League.
He spent five years as a Real Madrid player, joining from Juventus in 2001 and retiring in 2006.
In 2010 former Real Madrid coach, Jose Mourinho asked Zidane to work as a special advisor to the first team, a job which saw the Frenchman take part in pre-match meetings and training and that post was made more formal under Ancelotti's arrival.
Last season saw Real Madrid Castilla relegated from the Spanish Liga Adelante (second division) to the third tier of Spanish football and Zidane's task will be to lead them. Cheap Jerseys Free Shipping Cheap Authentic Jerseys Cheap Authentic Jerseys Cheap Jerseys Cheap China Jerseys Wholesale Jerseys Cheap Sports Jerseys Cheap Kids Jerseys Wholesale NBA Jerseys Cheap Soccer Jerseys