Baidu, Aplus Capital, Frees Fund and Linekong Interactive Group, a Hong Kong-listed company, jointly invested about RMB100 million (US$15 million) in a series A round in a Beijing-based start-up SoundAI in September, according to media reports and confirmed by both the company and Frees. Bank of Beijing also participated in the investment by providing venture loans. Founded in 2016 by Chen Xiaoliang, a former researcher from the Institute of Acoustics at Chinese Academy of Sciences, SoundAI develops sonic technology that focus on …

Baidu, Aplus Capital and Frees Fund Invest In Chinese AI Acoustics Technology Start-up SoundAI appeared first on China Money Network.