On September 13, Baidu announced the establishment of an independent venture capital company (Baidu Venture, Baidu Venture). Li Yanhong will personally serve as chairman and participate in the evaluation and judgment of important projects. The newly established Baidu Ventures will focus on artificial intelligence, as well as next-generation technology innovation projects such as AR and VR, focusing on early projects. The first phase of the fund will reach 200 million US dollars.
On September 1st, Baidu World Congress was held in Beijing. Li Yanhong showed the public the core AI ability of Baidu brain, and set the tone: artificial intelligence is the core of Baidu.
Open platform sharing AI
Baidu is the first company in the global Internet field to invest heavily in artificial intelligence. In early 2013, Baidu established the Deep Learning Institute, which was personally served as Dean by Li Yanhong. In 2014, he hired Wu Enda, a global leader in artificial intelligence. As the chief scientist of Baidu.
What is the relationship between machine deep learning and search engines? Wu Enda cited an example of big data. Nowadays, hospital medical records are becoming more and more electronic, and so many medical records form a huge amount of data. Through learning algorithms, massive case data can be turned into medical knowledge experience.
Nowadays, artificial intelligence has penetrated into Baidu's entire product line and has collided with all walks of life. For example, L'Oreal based on Baidu AR technology has achieved sales breakthroughs in the field of brand marketing; "Warcraft" produced the legendary film industry to use Baidu's user portrait capabilities to achieve accurate recommendations. Especially in the field of driverless cars based on Baidu cloud platform, map technology and NVIDIA automotive artificial intelligence computing platform, Li Yanhong is particularly optimistic.
Image source: Tencent Technology
At the Baidu World Congress in early September, Wu Enda announced two open platforms for Baidu's artificial intelligence: Baidu's deep learning platform (PaddlePaddle) and Baidu's brain open platform, providing developers with "underlying support." Li Yanhong said that Baidu's technology is open and will be opened free of charge. Even soon, Baidu will open up the source code for deep learning.
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