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Baidu Inc, China’s largest internet search engine, said on Thursday that it will buy xPerception, a US-based company that develops computer vision technology.
Baidu will add the company to its California-based research unit, which is currently developing artificial intelligence and deep learning software. The company also recently joined a growing list of groups researching driverless car technology.
The buyout of the US startup is meant to enhance Baidu’s autonomous driving project, it said in a statement. It did not disclose the value of the transaction.
The deal comes just days after China-based LeEco walked away from a $2bn acquisition of US TV producer Vizio. The company has tried its hand at developing everything from internet entertainment and sports broadcasting to mobile phones and driverless autos.
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