Baidu to invest US$202 million in Chinese AI company 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

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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.
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