BambooWorks·2025-03-27 00:38Core Insights - Baidu's autonomous taxi service, Apollo Go, is set to expand into Singapore, marking a significant milestone in its global expansion strategy [1] - Notable investor Cathie Wood has increased her stake in Baidu, indicating growing confidence in the company's prospects [2] Group 1: Company Developments - Singapore's Deputy Prime Minister welcomed Baidu's Apollo Go service, which utilizes Level 4 autonomous driving technology [1] - Baidu's autonomous fleet has completed 150 million kilometers of accident-free driving, with an insurance claim rate 1/14th that of human drivers [1] - The company currently operates its service in major Chinese cities and has recently begun road testing in Hong Kong after obtaining the first autonomous driving test license [1] Group 2: Market Expansion - If successful in Singapore, this will be Baidu's first major expansion outside Greater China, with plans also being explored for entry into the Middle East and European markets [1]