https://www.theregister.co.uk/2017/09/21/baidu_fund_for_autonomous_vehicles/

A joint investment venture backed by China's Baidu is offering 10 billion yuan (£1.1bn) for 100 autonomous driving projects anywhere in the world.

Other companies have announced similar money bags. Samsung, for example, launched a $300m (£222m) Automotive Innovation Fund on September 14.