Lei Feng Network (search "Lei Feng Network" public concern) 2016 年 9 月 13 日 news, Baidu announced today that the establishment of a new venture capital company Baidu Venture Capital (Baidu Venture), the first stage of the 200 million US dollars fund-raising. Li Yanhong will serve as the chairman of Baidu Ventures. The new company will invest in the next generation of innovative projects such as artificial intelligence, AR and VR.
According to official description, Baidu Ventures will be independent of Baidu’s existing investment team. In addition to Li Yanhong himself, Baidu’s group of key scientists in the field of artificial intelligence will also serve as consultants in the new company to provide support for investment decisions and post-investment management.
According to Baidu’s official description, about 15% of Baidu's revenue is invested in technology research and development each year. In the past two years, Big Data Lab, Deep Learning Lab, and Silicon Valley Artificial Intelligence Lab have been established. At the beginning of this month's Baidu World Conference, the official opened the Baidu brain and deep learning platform for developers.
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