{"id":120609,"date":"2021-03-16T05:24:04","date_gmt":"2021-03-16T12:24:04","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2021\/03\/baidu-a-i-chip-unit-valued-at-2-billion-after-funding-and-may-become-standalone-business"},"modified":"2021-03-16T05:24:04","modified_gmt":"2021-03-16T12:24:04","slug":"baidu-a-i-chip-unit-valued-at-2-billion-after-funding-and-may-become-standalone-business","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2021\/03\/baidu-a-i-chip-unit-valued-at-2-billion-after-funding-and-may-become-standalone-business","title":{"rendered":"Baidu A.I. chip unit valued at $2 billion after funding and may become standalone business"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/baidu-a-i-chip-unit-valued-at-2-billion-after-funding-and-may-become-standalone-business2.jpg\"><\/a><\/p>\n<p>GUANGZHOU, China \u2014 <a href=\"https:\/\/www.cnbc.com\/quotes\/BIDU\" target=\"_blank\">Baidu<\/a> has raised money for its artificial intelligence (AI) semiconductor business at a valuation of $2 billion, a person familiar with the matter told CNBC.<\/p>\n<p>It comes as the Chinese search giant looks to diversify its revenue streams.<\/p>\n<p>The funding round was led by CPE, a Chinese asset management and private equity firm, the person said. Venture capital companies IDG and Legend Capital were also involved. A fund under Chinese investment company Oriza Holdings also participated in the round.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GUANGZHOU, China \u2014 Baidu has raised money for its artificial intelligence (AI) semiconductor business at a valuation of $2 billion, a person familiar with the matter told CNBC. It comes as the Chinese search giant looks to diversify its revenue streams. The funding round was led by CPE, a Chinese asset management and private equity [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,45,6],"tags":[],"class_list":["post-120609","post","type-post","status-publish","format-standard","hentry","category-business","category-finance","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/120609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=120609"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/120609\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=120609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=120609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=120609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}