Baidu's AI Efforts Could Lift These 3 Companies

Baidu's AI Efforts Could Lift These 3 Companies

Baidu (NASDAQ: BIDU), the biggest search engine in China, funnels the information it collects into AI algorithms. That data is processed by its Big Data Lab division, which was founded three years ago to improve Baidu's machine learning algorithms, analytics, and core search technologies. Baidu now places all these AI assets under its "Baidu Brain" division.

Baidu Brain has launched the virtual assistant Duer, invested in electric and autonomous carmakers, and introduced Apollo, an open-source software platform for driverless cars. It acquired home automation start-up RavenTech, opened up Duer's APIs to various hardware makers, and opened labs in Silicon Valley to deepen its ties with other companies in the AI and autonomous driving markets. It's also building a state-backed engineering laboratory for deep learning technologies in China.

Image source: Getty Images.

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Source: Fool.com