Why Baidu and Xiaomi Are Teaming Up to Tackle IoT and AI

Why Baidu and Xiaomi Are Teaming Up to Tackle IoT and AI

Baidu and Xiaomi Chinese ( MCHI ) Internet giant Baidu ( BIDU ) and Chinese smartphone maker Xiaomi entered into a partnership on November 28, 2017, to tackle two of leading-edge technologies—the Internet of Things (or IoT) and artificial intelligence (or AI). The partnership includes the third-most-valuable publicly traded Chinese technology company, Baidu, which has a market cap of $86.0 billion. Xiaomi is one of the most valuable private companies in the world. The two companies noted that they would explore opportunities in voice recognition, deep learning, and computer vision. Baidu already has AI research centers in the United […]