Chinese search engine giant Baidu is investing 1.44 billion yuan (US$202 million) in industrial AI firm Neusoft Holdings to develop smart city, health care and education infrastructure.
said Baidu said 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 applications and industrial intelligence.”"Neusoft is an industry leader in … smart cities … and AI cloud for hospitals and the education sector,"
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Photo: Timelapse photography of vehicle on concrete raod near high rise building during night time.
