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Baidu's Kunlun AI unit raises USD 2 billion - report

Monday 15 March 2021 | 09:09 CET | News
Baidu's artificial intelligence chip unit Kunlun raised about USD 2 billion during its last funding round, Reuters reported, citing a source with direct knowledge of the matter. The round was led by Chinese private equity firm CITIC Private Equity Funds Management (CPE), with other investors including IDG Capital, Legend Capital and industry fund Oriza Hua.

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Categories: General
Companies: Baidu
Countries: China / World
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