Baidu China Search Engine Giant Usd 145 Million Venture Capital Ai Fund Startups Launch Baidu

Tech

Baidu Launches $145 Million Venture Capital Fund for Startups Working on AI

ByNews Polite May 31, 2023

Chinese search giant Baidu will set up a venture capital fund of CNY 1 billion (roughly Rs. 1,200 crore) to back start-ups focused on content generated by artificial intelligence applications, it said on Wednesday. The company will also launch a competition for developers to build applications off its ERNIE large…

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