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

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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

 

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