Start United States USA — software Baidu furthers AI push with acquisition of digital assistant startup Raven Tech

Baidu furthers AI push with acquisition of digital assistant startup Raven Tech

443
0
TEILEN

Baidu is furthering its push into artificial intelligence after it announced the acquisition of Raven Tech, a Chinese startup that developed an AI voice..
Baidu is furthering its push into artificial intelligence after it announced the acquisition of Raven Tech , a Chinese startup that developed an AI voice assistant platform. Baidu confirmed it has bought the startup’s tech, product and staff of 60.
The deal comes a month after Baidu hired noted AI expert Qi Lu , formerly with Microsoft, as its COO and Group President. Baidu didn’t reveal how much it is paying for Raven Tech, which is an alumni of the Microsoft Venture Accelerator and Y Combinator and has raised $18 million from investors like DCM Ventures and Zhenfund.

Continue reading...