Chinese tech giant Baidu said on Wednesday it had begun mass-producing second-generation Kunlun artificial intelligence (AI) chips, as it races to become a key player in the chip industry which Beijing is trying to strengthen.

Baidu has raised US$3.1 billion in its Hong Kong secondary listing, according to a filing by the Chinese internet search giant.

Senior Trump administration officials had been mulling plans to add the tech giants to a list of firms with alleged Chinese military links

Chinese search giant Baidu will create a standalone electric vehicle company, a person familiar with the matter told CNBC.

Revenue growth was flat while earnings per share declined for the September quarter, but they were above market expectations.

There will still be a human operator onboard, but Baidu says these autonomous cars are Level 4.

China's search engine giant Baidu said on Tuesday it will invest 1.44 billion yuan ($202 million) in artificial intelligence firm Neusoft Holdings.

Although slower than DRAM, Baidu says the swap will lower its costs.

"Baidu delivered a solid second quarter with revenues reaching RMB 26.3 billion, growing 9% sequentially, and Baidu Core revenues growing 12% sequentially, despite the weak macro environment, our self-directed healthcare initiative, industry-specific policy changes and large influx of ad inventory." said Herman Yu, Baidu CFO.

Baidu's new driverless car takes on Tesla

The departure of Baidu's most senior operational executive threatens to derail the Chinese search giant's ambition of placing artificial intelligence at the heart of its business.

AMD announced it has landed Baidu as a customer and partner. It's a significant win for AMD; Baidu doesn't really have a US presence, but it controls 76% of the PC search market in China and 82% of the mobile and tablet markets.

Images posted on Baidu show a Galaxy Note 7 which cannot be more than two weeks old, black and burnt, in the aftermath of the explosion.

Chinese smartphone group Xiaomi is increasing its ownership of internet content by snapping up a $300m stake in Iqiyi, the country's second-largest online video site, from search engine Baidu.

Baidu will focus on investing and marketing its mobile applications in the second half to compete with services backed by Tencent after posting earnings that beat analyst estimates.

Xinhua News Agency announced it has signed a framework agreement with China Mobile Communications to establish an Internet search engine company. It did not reveal when the company will be founded and how much capital will be invested in it.