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Baidu launches Level 5 self-driving robo-car, second-generation AI chip at Baidu World 2021

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The company also announced a new robo-taxi app called "Luobo Kuaipao" which is aimed at commercializing autonomous operations at scale

According to a CNBC press release dated 18 August, Chinese internet giant Baidu unveiled its second-generation artificial intelligence (AI) chip, its first "robocar," and a rebranded driverless taxi app, emphasizing how these new areas of technology are critical to the company's future growth.

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