BAIDU PARTNERSHIP WITH BLACKBERRY PUSHES BLACKBERRY STOCK BY $3/SHARE
It was not a shock as Baidu has recently announced it’s partnership with Canadian Tech Giant (all pun intended) Blackberry to build autonomous driving vehicles.
Baidu will allegedly use BlackBerry’s platform that has been known as one of the more secure communication platforms in the telecommunication industry.
The overall situation is a solid win for blackberry as Baidu has now over 70 partners worldwide that have been included in this project and subsequently the Blackberry shares are reflecting the recent changes.
At this time it is known that the cars will be using Baidu’s’ smartphone integration software with Artificial Intelligence and HD maps primarily running on Blackberry’s QNX platform.
The move is set to enable live prototypes and further the production of tech ecosystem for self-driving vehicles.