Baidu Capital will complete up to 4 big deals this year | Focus on areas such as autopilot

According to foreign media reports, Wu Wenjie, a Baidu Capital Management Partner, said in an interview with Bloomberg Television recently that Baidu Capital has been focusing on good investment opportunities and is striving to do 3 to 4 'big deals' in 2018.

Wu Wenjie said that the company will be very cautious when it comes to investing, choosing a company with a 'good idea'. At each investment, Baidu Capital will conduct an in-depth investigation of the basic conditions of the investment object, which means that Baidu Capital will not be easy Make an investment. She also said that Baidu Capital usually invests between 50 million and 100 million U.S. dollars each, which means that Baidu Capital needs to be very cautious.

Wu Wenjie also said that in the past one and a half years, Baidu Capital has completed 7 investments. At present, the company already has a wealth of investment portfolio. Wu Wenjie also expects that by the end of 2018, the company will also be expected to complete 3 to 4 'big deals', but these transactions are not yet completed.

Wu Wenjie also said in an interview that Baidu is a leading company in the field of artificial intelligence in China. The three focus areas of Baidu's investment are currently autopilot, healthcare, and consumer and corporate internet. She said that in autopilot and manual In the field of intelligence, Baidu Investment currently focuses on computer vision, natural language, process capabilities, such as chips and sensors, etc.

She also stated that Baidu has set up a special department to strengthen the research of chips and sensors, and invested a huge amount of money for this purpose.

2016 GoodChinaBrand | ICP: 12011751 | China Exports