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Baidu hires Google A.I. expert to spearhead $300M initiative

Baidu (BIDU) has hired Andrew Ng, a researcher who formerly headed a Google effort (known as Google Brain) to digitally recreate the human brain (with the goal of solving hard A.I. problems), to head its own A.I. efforts.

Baidu, never shy to take a page from Google, plans to spend ~$300M over the next 5 years on developing A.I. solutions based on deep learning. The technology's applications include natural-language, voice, and image recognition - all three are relevant to search.

Ng will oversee both a Baidu Silicon Valley lab, and a Beijing R&D center. As it is, Baidu's R&D spend rose 57.5% Y/Y in Q1.

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Comments (2)
  • James Sands
    , contributor
    Comments (2436) | Send Message
    This is why Google or Facebook will not buy Rocket Fuel.......Rocket Fuel has spent about a little over $50 million the past 3 years.
    16 May 2014, 06:11 PM Reply Like
  • Zeus2012
    , contributor
    Comments (713) | Send Message
    Are you still long $CRTO? Looked tempting when it trade down to around $25 after $FUEL earnings miss. Did not pull the trigger as I think 1x EV / Sale may be in the cards during the summer if we get a market selloff.
    16 May 2014, 07:45 PM Reply Like
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