BEIJING, April 18 (Xinhua) -- Beijing Academy of Artificial Intelligence (BAAI) has announced it will support 100 outstanding AI scientists each year till 2021 to serve the city's AI development, Beijing Daily reported on Thursday.

Each scholar will receive more than 500,000 yuan (about 74,800 U.S. dollars) each year, said the newspaper.

Established in November 2018, the BAAI aims to absorb and cultivate top talents, build joint laboratories with enterprises and universities, push forward cooperation among industries, universities and research institutes, as well as constructing open service platforms for the public and the AI community.

A joint laboratory of intelligent model design and image perception under the BAAI was unveiled on Wednesday.