Baidu is reportedly planning to launch a subsidiary AI chip agency, which may increase China‘s efforts to develop a home semiconductor business.
CNBC studies that the search big is in talks with enterprise capital companies GGV and IDG Capital about investing within the enterprise.
The corporate would promote chips to clients in numerous industries, together with automakers, and will additionally help Baidu’s work on electrical and autonomous automobiles.
A supply instructed CNBC that Baidu would probably be the bulk shareholder of the subsidiary.
The information comes as China pushes to strengthen its homegrown chip sector.
The nation’s reliance on overseas gear has been uncovered by the commerce struggle with the US, which final yr imposed a sequence of restrictions on gross sales of chips and elements to China.
China responded by setting a aim of manufacturing 70% of the semiconductors it makes use of by 2025.
The goal is definitely bold: solely 16% of the semiconductors it utilized in 2019 have been made indigenously.
The nation is counting on authorities funding and home companies to grow to be extra self-sufficient.
CNBC notes that tech big Tencent not too long ago invested in an AI chip startup, whereas Alibaba and Huawei each unveiled AI semiconductors in 2019.
Baidu’s subsidiary would additional help China’s drive for self-sufficiency, however the nation remains to be a good distance from constructing a world-leading chip business.
Printed February 10, 2021 — 20:53 UTC