Baidu Invests RMB 1.443 Billion in Neusoft Holding, CTO Wang Haifeng Joins Board
VCBeat (WeChat ID: vcbeat) has learned that on September 10, Baidu Online Network Technology (Beijing) Co., Ltd. (hereinafter referred to as “Baidu”) announced a strategic investment in Dalian Neusoft Holdings Co., Ltd. (hereinafter referred to as “Neusoft Holdings”), with a total investment amount of RMB 1.443 billion.
Consequently, the two parties have formally established a strategic partnership to actively promote intelligent transformation across key sectors, including smart cities, smart education, and smart healthcare. Meanwhile, Wang Haifeng, CTO of Baidu, will join the Board of Directors of Neusoft Holdings.
Data shows that Neusoft Holdings is a high-tech investment and management enterprise focusing on information technology, healthcare, and education training. It is the primary investor in companies such as Neusoft Corporation, Neusoft Education Technology, Neusoft Medical Systems, Neusoft Xikang, and Neusoft Wanghai. Its investment portfolio spans multiple industries, including healthcare and social security, intelligent connected vehicles, smart cities, enterprise connectivity, medical equipment, cloud hospitals, and education.
Baidu possesses leading technological capabilities in key areas such as big data, deep learning, speech recognition, image recognition, natural language processing, knowledge graphs, autonomous driving, and cloud computing. Baidu stated that this strategic partnership marks a significant milestone in the large-scale deployment of its artificial intelligence technologies, serving as a landmark event for accelerating intelligent upgrades in critical sectors such as smart cities and healthcare.
Neusoft and its affiliated companies have accumulated over 20 years of experience and resources in serving government and industry clients. As a key partner in Baidu’s drive toward industrial intelligence, the two parties will engage in more comprehensive and in-depth collaboration following Baidu’s strategic investment. In the realm of smart healthcare, cooperation will cover medical intelligent cloud services, AI-assisted diagnosis, big data mining in healthcare, smart health management, and cloud hospitals. In smart education, joint efforts will focus on smart cloud classrooms, online education, and AI academies. Furthermore, both sides will actively explore collaborative opportunities in smart transportation, smart government affairs, and industry-specific intelligent cloud solutions.
Since the beginning of this year, Baidu has successively invested in Neusoft Medical and signed a strategic cooperation agreement with Neusoft Group in the fields of smart cities and healthcare. This strategic investment in Neusoft Holdings represents a higher-level layout in the strategic cooperation between Baidu and Neusoft towards industrial intelligence.
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