Baidu Launches $145 Million VC Fund to Back AI Startups
Chinese multinational tech company Baidu is launching a well-heeled fund to support AI development and growth. Baidu (NASDAQ: BIDU) appears set to launch a 1-billion yuan ($145 million) venture capital artificial intelligence (AI) fund to support AI startups. Today, the Chinese tech giant announced its AI fund intentions alongside other related initiatives. In addition to supporting … Read more