{"id":2971,"date":"2021-02-10T20:53:55","date_gmt":"2021-02-10T20:53:55","guid":{"rendered":"https:\/\/thenextweb.com\/?p=1338487"},"modified":"2021-02-10T20:53:55","modified_gmt":"2021-02-10T20:53:55","slug":"chinese-tech-giant-baidu-reportedly-plans-to-launch-an-ai-chip-company","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=2971","title":{"rendered":"Chinese tech giant Baidu reportedly plans to launch an AI chip company"},"content":{"rendered":"\n<div><img decoding=\"async\" src=\"https:\/\/img-cdn.tnwcdn.com\/image\/neural?filter_last=1&amp;fit=1280%2C640&amp;url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2021%2F02%2FUntitled-design-2021-02-10T204402.317.png&amp;signature=93e02108b4f65779ecc5ab05b78f5e78\" class=\"ff-og-image-inserted\"><\/div>\n<p>Baidu is reportedly planning to launch a subsidiary AI chip firm, which could boost China\u2018s efforts to develop a domestic semiconductor industry.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/09\/14\/china-semiconductor-industry-tries-to-catch-up-with-us-chip-makers.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">CNBC reports<\/a> that the search giant is in talks with venture capital firms GGV and IDG Capital about investing in the venture.<\/p>\n<p>The company would sell chips to customers in various industries, including automakers, and could also support Baidu\u2019s work on electric and autonomous vehicles.<\/p>\n<p>A source told CNBC that Baidu would likely be the majority shareholder of the subsidiary.<\/p>\n<p><em>[Read:&nbsp;<a href=\"https:\/\/thenextweb.com\/shift\/2021\/02\/08\/polestar-batteries-blockchain\/\">How Polestar is using blockchain to increase transparency<\/a>]<\/em><\/p>\n<p>The news comes as China pushes to strengthen its homegrown chip sector.<\/p>\n<p>The country\u2019s reliance on foreign gear has been exposed by the trade war with the US, which last year imposed a series of <a href=\"https:\/\/thenextweb.com\/politics\/2020\/05\/15\/us-bans-companies-from-selling-chips-to-huawei\/\">restrictions on sales<\/a> of chips and components to China.<\/p>\n<p>China responded by setting a goal of producing 70% of the semiconductors it uses by 2025.<\/p>\n<p>The target is certainly ambitious:&nbsp;<a href=\"https:\/\/www.csis.org\/analysis\/chinas-pursuit-semiconductor-independence\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">only 16%<\/a> of the semiconductors it used in 2019 were made indigenously.<\/p>\n<p>The country is relying on government investment and domestic corporations to become more self-sufficient.<\/p>\n<p>CNBC notes that tech giant Tencent recently invested in an AI chip startup, while Alibaba and Huawei both unveiled AI semiconductors in 2019.<\/p>\n<p>Baidu\u2019s subsidiary would further support China\u2019s drive for self-sufficiency, but the country is still a long way from building a world-leading chip industry.<\/p>\n<p class=\"c-post-pubDate\"> Published February 10, 2021 \u2014 20:53 UTC <\/p>\n<p> <a href=\"https:\/\/thenextweb.com\/neural\/2021\/02\/10\/baidu-china-plans-to-launch-an-ai-chip-company\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baidu is reportedly planning to launch a subsidiary AI chip firm, which could boost China\u2018s efforts to develop a domestic semiconductor industry. CNBC reports that the search giant is in talks with&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2972,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/2971"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2971"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/2971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/2972"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}