The new fund is called the “Apollo Southeast Asia” and it is a joint venture with Asia Mobility Industries (AMI)

Chinese tech giant Baidu is bringing its self-driving tech to Singapore, with the establishment of a US$200 million fund in the region called the Apollo Southeast Asia.

The fund is a joint venture with Asia Mobility Industries (AMI), a Singapore-based company that is developing smart transportation technologies with the transit authority.

Apollo Southeast Asia will support autonomous driving and intelligent transportation tech in Singapore via investments in advanced mobility projects, technology exchange, the establishment of research programmes.

The joint venture will also help Baidu commercialise its autonomous driving technology in the region.

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Apollo is Baidu’s open autonomous driving platform. To date, it has over 90 partners and collaborators, including global companies such as Udacity, Microsoft and TomTom.

At CES 2018, Baidu revealed version 2.0 of Apollo, which it says is its “most complete solution and flexible architecture to partners and developers yet.” The platform now comes with security options for autonomous driving, as well as enhanced capabilities in positioning, perception, planning and control, and cloud simulation.

In addition, it will add full support for main computing platforms — NVIDIA, Intel, NXP and Renesas — and new vehicles such as SUVs, minibuses and trucks by this year.

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Image Credit: Baidu

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