Uber and Baidu, Inc. (BUDI) Expand Partnership to Expand Autonomous Ride-Hailing in Dubai

Baidu, Inc. (NASDAQ:BIDU) is one of the Best Performing Foreign Stocks to Buy Now. On February 10, Uber, Baidu, Inc. (NASDAQ:BIDU), and the local Roads and Transport Authority announced their partnership to expand Baidu’s Apollo Go autonomous ride-hailing service in Dubai.

The partnership aims to integrate fully driverless vehicles into the Uber app, starting next month in the Jumeirah area, with plans to scale citywide pending approvals. Management noted that this builds upon their June 2025 deal with Uber to deliver Apollo Go rides through Uber.

​“Bringing Apollo Go to Dubai via the Uber platform marks a pivotal step in our mission to provide safe, efficient, and accessible autonomous mobility worldwide.” ​Nan Yang, Vice President of Baidu and General Manager of Overseas Business Unit, Intelligent Driving Group.

​That said, Wall Street has also been bullish on Baidu, Inc. (NASDAQ:BIDU). Recently, on February 4, Aletheia Capital upgraded the stock from Hold to Buy without disclosing any price targets. Earlier, on February 3, China Renaissance also upgraded the stock to Buy with a price target of $180.

​Baidu, Inc. (NASDAQ:BIDU) is a Chinese internet giant and AI pioneer, known for its noteworthy investments in artificial intelligence technology and its position as the dominant search engine within the country.

While we acknowledge the potential of BIDU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.