Breaking News
In 1990 the FDA banned Red Dye 3 from lipstick in 1990
3G-1998, 4G-2018, 5G-2026
How to fight back against the surveillance state
The Truth About Soil Health (And Why It Changes Everything)
Top Tech News
Heads up: Apparently the government is hiding cameras inside fake utility boxes
Sodium Batteries And EVs That Power The Grid: Inside GM's Big Energy Push
NUCLEAR ENGINE - UNLIMITED LUXURY - 20 YEARS WITHOUT REFUELING
China Unveils Nuclear-Powered Floating Hub For Green Shipping
China Launches World's 1st Commercial Brain Chip, Beating Elon Musk's Neuralink!
Modular next-gen US nuclear reactor goes critical
How EMF's cause disease
This Company Will Add Phone, AirPod, and Smartwatch Trackers to License Plate Readers
Elon Details SpaceX AI Data Center in Space Details and Roadmap
5-in-1 miniature surgical robot is the size of a seed 
Baidu and China Life set up US$1 billion AI fund
China Life on Thursday said it had teamed up with internet search company Baidu to form a 7 billion yuan (US $ 1 billion) private equity fund. China Life will invest 5.6 billion yuan while Baidu will cover the remainder. The fund will invest in unlisted companies Involved in artificial intelligence (AI) and internet finance.
Baidu has invested heavily in artificial intelligence: Building image-recognition technology, investing in autonomous driving, launching digital assistants, similar to Apple's Siri, and even developing personal home robots. In May, the firm amended its mission statement to reflect the change in direction.
In July, Baidu said more than 50 groups have signed on to build and improve on Apollo, its autonomous driving platform, including top Chinese car manufacturers Chery Auto, Great Wall Motors and Changan Automobile, and even ridesharing company Grab Taxi. Foreign partners included Ford and Intel.
Of the 20 billion yuan ($3 billion) Baidu spent in research and development over the past two and a half years, the majority goes to AI.