Baidu Venture Capital is an independent venture capital institution initiated by Baidu Group, with a total of more than 700 million US dollars in the three phases of the US/RMB fund. Baidu Venture Capital focuses on the early pioneer companies of emerging technologies and commits itself on several major directions such as commercial consumption, medical care and people's livelihood, as well as technology extension. Relying on the strong support and resource sharing of Baidu Group, Baidu Venture Capital has formed a well-designed plan in the field of artificial intelligence. Currently, it has invested in new energy vehicles, life sciences, corporate services, smart cities, semiconductors, smart industries, and IoT life.