Badly affected: Baidu has been forced to slash healthcare ads under a new government compliance code.
BEIJING: Chinese Internet firm Baidu Inc has agreed to acquire US computer vision firm xPerception for an undisclosed amount to support their renewed efforts in artificial intelligence as Chinese tech firms face regulatory headwinds in US.
xPerception, which makes vision perception software and hardware with applications in robotics and virtual reality, will continue to develop their core technology under Baidu's research unit, the Chinese firm said in a statement on April 13.
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