Robin Li, founder of search engine Baidu, Saturday announced a donation of 660 million yuan (104 million U.S. dollars) to Peking University (PKU) to promote research on artificial intelligence (AI).

The "PKU-Baidu fund" will be used to support frontier research in AI-related subjects such as information science, medicine, economics, communication, psychology, and sociology, which are highly consistent with Baidu's long-term endeavors in the AI sector.

Lin Jianhua, president of PKU, said the establishment of the fund, just days before the university's 120th anniversary, will lead the next generation into the future and help them seize new opportunities in the new era.

Li said a combination of Baidu's strong technology and experience in the field and PKU's academic research abilities will produce more achievements that are beneficial to the country and society.

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