Autonomous driving: Baidu has developed a new AI-driven simulator to prepare its Apollo robotaxis for rare but high-stakes road hazards, such as a cyclist running a red light or an animal bolting into traffic from behind a corner. According to the South China Morning Post, the company is seeking an edge in the fast-growing robotaxi market.
Geopolitics: Alibaba chairman Joe Tsai said on Tuesday, at the opening of the World Internet Conference Wuzhen Summit, that open source is the only viable path to a sustainable AI industry. According to the SCMP, Tsai pointed to a growing convergence of Chinese tech companies around open ecosystems, amid US pushback.
Business: Anthropic's IPO prospectus has exposed a wide profitability gap between it and its most direct Chinese rivals, Z.ai and MiniMax. According to the SCMP, the gap shows how hard it is for China's model developers to turn technical progress into sustainable businesses.
Chips: Zhuhai-based Amicro, which makes chips and algorithms for robot vacuum navigation, is offering shares in Hong Kong, with trading expected to begin on November 12. According to TechNode, eight of the world's ten leading cleaning-robot companies have used its solutions, including Xiaomi, iRobot and Ecovacs.
Technology: BYD sold 4,000 units of the Great Han, its flagship electric sedan, in the 19 days since its October 13 launch. According to Electrek, it starts at 235,900 yuan (about $35,000), with up to 1,008 km of CLTC range and 10% to 70% charging in five minutes.
