Baidu And Ford Invest $150M In Velodyne LiDAR For Driverless Car Technology

China?s search engine giant Baidu has teamed up with Ford to invest $150 million in Velodyne Lidar, which makes lidar sensors. Lidar sensors are among the most vital components of driverless autonomous vehicles, permanently scanning the vehicle?s surroundings and comparing the images with previously created 3-dimensional maps.

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