The internet company is to launch a fund sized at $200m or more that will target technologies such as AI, computer vision, voice identification and cybersecurity.
Baidu Ventures, the corporate venturing arm of China-based internet group Baidu, is set to launch a tech-focused fund sized at $200m or larger in 2018, the company’s managing partner Daisy Cai told Calcalist.
Cai told the tech news site in an interview that the fund will invest in early and mature-stage companies, focusing on China while still considering companies based in Israel, Europe and the US. Baidu’s commitment will be at least as large as the $200m it used to…
