{"id":200336,"date":"2017-09-22T07:50:05","date_gmt":"2017-09-22T05:50:05","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=200336"},"modified":"2017-09-22T07:50:05","modified_gmt":"2017-09-22T05:50:05","slug":"baidu-announces-1-5-billion-fund-for-self-driving-cars-to-rival-tesla","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/motoring\/200336\/baidu-announces-1-5-billion-fund-for-self-driving-cars-to-rival-tesla\/","title":{"rendered":"Baidu announces $1.5 billion fund for self-driving cars to rival Tesla"},"content":{"rendered":"<p>Chine internet giant Baidu has announced a 10 billion RMB ($1.5 billion) Apollo Fund to invest in 100 autonomous driving projects in the next three years.<\/p>\n<p>It also announced the release of Apollo 1.5, the latest iteration of the company\u2019s Apollo open-source autonomous driving platform that has gathered 70 strong partners so far.<\/p>\n<p>Building on Apollo 1.0, Apollo 1.5 opens up five additional core capabilities which include obstacle perception, planning, cloud simulation, High-Definition (HD) maps and End-to-End deep learning, providing more comprehensive solutions to developers and ecosystem partners to accelerate the deployment of autonomous driving, the company said.<\/p>\n<p>The obstacle perception capability enables vehicles to accurately identify obstacles during both day and night.<\/p>\n<p>With the planning capability, vehicles can plan the correct driving path and make optimal driving decisions.<\/p>\n<p>The cloud simulation system on Apollo is the only platform that provides open, built-in HD maps tailored for autonomous driving.<\/p>\n<p>Based on large scale cloud computing capacity, Apollo has a vast amount of real traffic data in China, and has a virtual running capacity of one million kilometers per day, Baidu said.<\/p>\n<p>Apollo is an open platform that provides a comprehensive, secure, and reliable all-in-one solution that supports all major features and functions of an autonomous vehicle.<\/p>\n<p>Its first iteration, Apollo 1.0, with capabilities enabling vehicles to do autonomous waypoint driving in enclosed venues, was announced in July at Baidu\u2019s inaugurate AI Developers Conference in Beijing.<\/p>\n<p>Over the past two months, Apollo has seen dozens of code updates each week and the addition of more than 65,000 lines of new code.<\/p>\n<p>At the same time, Apollo has received a positive response from global developers.<\/p>\n<p>To date, more than 1,300 companies have downloaded Apollo source code and nearly 100 companies have applied for open data via the Apollo website.<\/p>\n<p>Apollo has attracted 70 global and Chinese partners, including OEMs, Tier 1 suppliers, developer platforms and technology start-ups.<\/p>\n<p>Newly joined members include Hyundai Motor, ROS, esd electronics, Neousys Technology, and autonomous driving startups such as Momenta and iDriver+ Technologies.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p>Read:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chine internet giant Baidu has announced a 10 billion RMB ($1.5 billion) Apollo Fund to invest in 100 autonomous driving projects in the next three years.<\/p>\n","protected":false},"author":10,"featured_media":200342,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11119],"tags":[5516],"class_list":["post-200336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-motoring","tag-baidu"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/200336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=200336"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/200336\/revisions"}],"predecessor-version":[{"id":200344,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/200336\/revisions\/200344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/200342"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=200336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=200336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=200336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}