Baidu in September established a $1.5 billion fund dedicated to developing driverless cars and is getting set to launch its first models.

China's largest search engine Baidu is suing a former executive, accusing him of stealing self-driving car technology, reports said Friday, as competition in the sector heats up.

In court filings, Baidu demanded US-based Jingchi Inc., a start-up founded by the former manager of its autonomous driving unit, stop using its technology to develop autonomous cars, according to zhichanli.cn, a website focused on intellectual property and technology innovation.

The tech giant is seeking 50 million yuan ($7.61 million) in compensation, the website said.

Jingchi Inc. was founded in April and raised $52 million in September to expand its research and development of autonomous driving technology.

"Baidu's lawsuit has no factual basis and our lawyer will respond to it factually and legally," Jingchi's CEO Wang Jing said in a reply to Tencent news, adding that the company is an "indisputable pacemaker" in China's self-driving car sector.

Baidu told AFP that it would not comment on the case now that it was subject to judicial process.

The search giant established a $1.5 billion fund in September dedicated to developing driverless cars, and is getting set to launch its first models.

But it can expect strong competition from Jingchi, which has said it will move its headquarters to China and plans to "demonstrate technological strength in two weeks", according to Tencent news.

Advertisement

If you beloved this article and you would like to receive more info concerning free seo tools generously visit our own web-page.
번호 제목 글쓴이 날짜 조회 수
43 Man Game For PlayStation Four Seems To Be Unbelievable — Right Here Are 14 Different Characters From The AdolphChampion9730 2018.06.15 2
42 Online Dating For Nudists. ChanaHilderbrand07 2018.06.15 0
41 Review Half The Picture Aims A Spotlight On Hollywoods Sexism. KatiaS023630916 2018.06.15 4
40 Whatever They Told You About Bitcoin Price Forecast 2020 Is Dead Wrong...And Here's Why JerriH55457824170982 2018.06.15 3
39 Challenges And Promises Of With Insulin Or In. DorthyEspino8731 2018.06.15 413
38 Five Methods To Vacation Solo With No Going It By Itself Barney95554395426 2018.06.15 0
37 Nine Facts Everyone Should Know About Cryptocurrencies Money Laundering ReedPfs7602285615 2018.06.15 1
36 Get Rid Of Atm Bitcoin Card Problems Once And For All ShawnFranz512512 2018.06.15 0
35 4 Amazing How Much Bitcoin Is There Left Hacks Ian16K8631772593 2018.06.15 0
34 Lies You've Been Told About Bitcoin Broker ColumbusRawls147428 2018.06.14 0
33 Joseph's Stalin's Secret Guide To Cryptocurrencies Infographic ShawnFranz512512 2018.06.14 1
32 Short Article Reveals The Undeniable Facts About Why Does My Bitcoin Wallet Out Of Sync And How It Can Affect You IsobelSell1804446 2018.06.14 0
31 Acetone, 2 Butanone, 2 Brought To The Table Has Been Restored Back Accelerated, At Least In , And N Terminal That Is Unparalleled In. CharoletteHand36 2018.06.14 2
30 ViriBright® LED Light Bulbs Industry Leading LED Lighting For Indoor Spaces. According To Some Industry Experts, Rapidly Advancing LED Technology Will Render Obsolete The High-intensity-discharge (HID) Metal Halide Lamp — The Sports Lighting Stapl EthelPederson19451 2018.06.14 0
29 The Battle Over How Much Were Bitcoins In 2009 And How To Win It LilaSmithers189325 2018.06.14 2
28 Want A Thriving Business? Focus On Bitcoin Calculator Genesis! TimmyGilson576834508 2018.06.14 1
27 LED Light Therapy — Zina's Skin Care LED Lights Are Small, Specialized Lights Able To Emit As Much Power As A Full Size Light Bulb. They're The Lights Used In Most Of The Research On LEDs. We Put It To The Test, And The Results Of Our 30-day LED M GertrudeDickens3 2018.06.14 0
26 What You Can Learn From Tiger Woods About Who Hacked Bitcoin AnnetteA9349813658 2018.06.14 1
» Baidu Accuses Former Exec Of Stealing Self-driving Car Technology MandyGuevara0822554 2018.06.14 0
24 How To Sell Can Bitcoin Move To Proof Of Stake JerriH55457824170982 2018.06.14 2

LOGIN

SEARCH

MENU NAVIGATION