Baidu sets up a 1 billion yuan venture capital fund to promote the big model ecosystem

Recently, Robin Lee, the founder, chairman and CEO of Baidu, announced during the JPMorgan Chase Global China Summit that Baidu will set up the Baidu Wenxin Investment Fund of 1 billion yuan, aiming to promote the ecological prosperity of the big model, and launch the "Wenxin Cup" entrepreneurship contest, with the highest award of 10 million yuan for early investment. In the future, I believe that China will have its own ecosystem, with its own big language model and basic model...

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