Home Technology Technology – Baidu’s AI assistant raises B spherical at $5.1 billion valuation

Technology – Baidu’s AI assistant raises B spherical at $5.1 billion valuation

by Good News

Technology – Baidu’s AI-enabled consumer hardware arm Xiaodu Skills has secured an undisclosed quantity in a B spherical, at a valuation of $5.1 billion. An Alexa counterpart, Xiaodu’s AI utter assistant has been applied in a fluctuate of natty audio system, smartphones, smartwatches, autos, and robots developed by Baidu and its companions. Incomes from products and companies at the side of membership to marketing surpassed 10% of Xiaodu revenues within the most most up-to-date quarter, supplementing income from hardware, in line with Herman Yu, chief approach officer and chief monetary officer of Baidu. [Baidu press release]

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