Baidu to invest US$202 million in Chinese AI company Neusoft

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

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

China's search engine giant Baidu said on Tuesday it will invest 1.44 billion yuan in artificial intelligence firm Neusoft Holdings, with a view to collaborate in sectors such as smart cities and healthcare.

A security personnel stands guard at the opening session of Baidu's annual AI developers conference Baidu Create 2019 in Beijing, China, July 3, 2019. REUTERS/Jason Lee/File photo

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Studies show US companies not leaving China in droves, but China companies investing less in USWASHINGTON - Chinese companies are investing less in the United States but American firms are continuing to plough money into China, according to two research papers released on Monday (Sept 9) that show how companies in the two superpowers are responding differently to the trade war.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »