Baidu invests US$200 million in Chinese AI firm Neusoft to develop smart city solutions

//Baidu invests US$200 million in Chinese AI firm Neusoft to develop smart city solutions

Baidu invests US$200 million in Chinese AI firm Neusoft to develop smart city solutions

Chinese search engine giant Baidu is investing 1.44 billion yuan (US$202 million) in industrial artificial intelligence (AI) firm Neusoft Holdings to develop smart city, health care and education infrastructure.“Neusoft is an industry leader in … smart cities … and AI cloud for hospitals and the education sector,” said Baidu in a statement on Tuesday. “The collaboration between Baidu and Neusoft … is cooperation between an internet firm and a solutions provider to explore leading AI technology…

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By | 2019-09-11T06:51:59+00:00 September 11th, 2019|Technology|Comments Off on Baidu invests US$200 million in Chinese AI firm Neusoft to develop smart city solutions