In preparation for the Olympics, Chinese tech giant Baidu rolled out Wednesday a sign language virtual host in partnership with Chinese state broadcaster CCTV. The digital female host is intended to translate events during the 16-day Winter Olympic Games slated to start on February 4, 2022. The virtual figure is supported by Baidus digital star operating platform, which adopts technologies such as speech recognition and natural language processing. [ Xinmin Evening News, in Chinese ]

China''s Anti-Monopoly Crackdown Hits Banking Sector

07:25am, Wednesday, 24'th Nov 2021 Finews Asia
Chinese regulators extend their antitrust crackdown to the banking sector with a fine against shareholders of a virtual lender. The shareholders of Chinese virtual lender AliBank China Citic Bank (70 percent) and a Baidu unit called Fujian Baidu Bo Rui Netcom (30 percent) have been fined 500,000 yuan ($78,280) over a violation of the countrys anti-monopoly law, according to a statement from the State Administration for Market Regulation (SAMR). SAMR issued the fine over the failure to report the AiBank joint venture ahead of its formation in 2015. The penalty was part of a broader batch of more than 40 cases with fines issued to other tech firms outside of the banking sector such as JD.com, Tencent, Baidu, ByteDance and Alibaba. Digital Banking in China AiBank is an artificial intelligence-focused lender that leverages related capabilities from search engine giant Baidu. It is one of five licensed digital banks in China and the only one with a state-backed shareholder in Citic. According to research by McKinsey released in January, Chinese digital banks own roughly 5 percent of the countrys 5 trillion yuan unsecured consumer loan market and over 7 percent of the SME loan market.
China’s industry ministry on Tuesday said its cyberspace administration and… The post China orders Alibaba and Baidu’s cloud units to better prevent telecoms fraud appeared first on PageOne .
China's cyberspace administration and police have summoned the cloud units of Alibaba Group Holding Ltd (NYSE: BABA) and Baidu Inc (NASDAQ: BIDU) for better telecom fraud prevention policies, Reu

Baidu Partners with Sanofi on Vaccine Development

11:14am, Tuesday, 23'rd Nov 2021 Smarter Analyst
Baidu (BIDU) has achieved a significant milestone as it seeks to leverage computational biology strengths in enhancing mRNA vaccine and therapy designs. The The post Baidu Partners with Sanofi on Vaccine Development appeared first on Smarter Analyst .
Key Prominent Players Covered in the Autonomous Cars Market are Autoliv Inc., Aptiv, Waymo LLC, Robert Bosch GmbH, Daimler AG, Baidu, AutoX, Inc., Pony.ai, Ford Motor Company, HYUNDAI MOTOR GROUP, Volvo and Others Key Prominent Players Covered in the Autonomous Cars Market are Autoliv Inc., Aptiv, Waymo LLC, Robert Bosch GmbH, Daimler AG, Baidu, AutoX, Inc., Pony.ai, Ford Motor Company, HYUNDAI MOTOR GROUP, Volvo and Others
China's industry ministry on Tuesday said its cyberspace administration and police had summoned the cloud units of Alibaba and Baidu Inc to urge them to better prevent telecom network fraud.

Chinese Regulators Penalize Alibaba for Past Deal

04:34pm, Monday, 22'nd Nov 2021 Smarter Analyst
Chinese market regulators have fined Alibaba (BABA), Baidu (BIDU) and JD.com (JD) on November 20 for failing to declare 43 deals, according to CNBC. The post Chinese Regulators Penalize Alibaba for Past Deal appeared first on Smarter Analyst .
Baidu Inc (NASDAQ: BIDU ) has licensed its algorithm for messenger RNA (mRNA) sequence to Sanofi SA (NASDAQ: SNY ) for use in designing vaccine and therapeutic products. The deal marks Baidu''s first such commercial deal with a major global drugmaker. Also Read: Sanofi Stops Work On Its mRNA COVID-19 Vaccine: What You Full story available on Benzinga.com

Baidu partners Sanofi on mRNA vaccine and therapy development

01:34pm, Monday, 22'nd Nov 2021 PageOne Nigeria
Chinese tech giant Baidu Inc has licensed its algorithm for The post Baidu partners Sanofi on mRNA vaccine and therapy development appeared first on PageOne .
(RTTNews) - AI company Baidu.com, Inc. (BIDU) and French drug major Sanofi (SNYNF, SNY) have entered into an agreement to integrate Baidu''s messenger ribonucleic acid (mRNA) design optimization platform, LinearDesign, into Sanofi''s product design pipeline. Under the agreement, Sanofi will leverage the LinearDesign platform to contribute to the…
These stocks are moving the needle for AVs and can gain big as companies look for profitable ways to offer autonomous taxis. The post 3 Stocks to Buy If You Think Autonomous Taxis Will Take Off appear
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