Search AI Products and News

The special mother fund for the AI industry in Jiangsu Suzhou (Limited Partnership) has officially completed industrial registration. This move marks an important step in Suzhou's capital layout in the field of artificial intelligence. The fund, established by the Joint Venture of Jiangsu Strategic Emerging Industries Mother Fund Co., Ltd. with multiple institutions, has a total scale of up to 6 billion yuan. Its main investment directions include key areas such as computing infrastructure construction, data, talent, and electricity, with a particular focus on the integration of "Artificial Intelligence + Manufacturing" and promoting applications in finance, education, healthcare, elderly care, tourism, and culture.

According to investment industry sources, on April 21, 01VC announced the first close of its new RMB 500 million fund, receiving strong support from state-owned assets, market-oriented mother funds, and listed companies across multiple regions. This is the first RMB fund raised by the middle-generation managing partners of 01VC, continuing its focus on smart manufacturing and cross-border expansion. Investment rounds will be between Angel and Series B, with single investments ranging from RMB 5 million to RMB 50 million. The new fund will continue to follow 01VC's strategy of early-stage and small-scale investment, and provide post-investment empowerment and...

The Beijing Artificial Intelligence Industry Investment Fund recently announced an additional investment of 200 million RMB in Beijing Zhipu AI Technology Co., Ltd. (Zhipu). According to the fund, Zhipu is the first AI large language model company invested in since the fund's establishment and is one of the fastest-growing companies in the field. Zhipu has accumulated deep expertise in model development across text, reasoning, speech, image, video, and code, and boasts a robust commercialization strategy, having established a developer community and enterprise user base exceeding one million. This investment aims to further support Zhipu's growth and development.

China recently announced a 60 billion RMB (approximately $82 billion USD) national fund dedicated to investing in early-stage artificial intelligence (AI) projects. This move demonstrates Beijing's commitment to fostering the AI industry and aims to further elevate China's position in the global technology competition through government-led investment. According to Zhang Jianhua, an official from the Ministry of Industry and Information Technology, speaking at a conference in Shenzhen, the "National AI Investment Fund" was established in January this year under the joint guidance of industrial and financial departments. The fund's...

Andreessen Horowitz (a16z) is reportedly planning to raise a massive $20 billion fund, significantly bolstering its already substantial investments in the artificial intelligence sector.

Artificial intelligence is disrupting the content creation industry at an unprecedented rate. Once the exclusive domain of resource-rich film studios, production houses, and media giants, high-quality content production is being democratized. Recently, AI-powered video editing platform OpusClip secured $20 million in funding from SoftBank Vision Fund 2, boosting its valuation to $215 million. This significant investment clearly signals a rewriting of the rules for digital content creation and distribution. As an AI video editing platform, OpusClip...

Shenzhen's State-owned Assets Supervision and Administration Commission (SASAC) announced plans to establish a 500 billion yuan ($69.4 billion USD) state-owned fund to focus on cutting-edge technologies, including artificial intelligence and robotics. The fund aims to support technology companies at all stages of development, from seed and angel rounds to Series A, B, C, and even IPO. This initiative is part of a broader strategy to build a comprehensive technological innovation fund network, encompassing a '20+8' full industrial chain, aligning with the city's government policies. Image caption omitted.

According to CNBC, Perplexity, the AI search engine developer, is raising a $50 million seed and pre-seed investment fund. The fund is largely capitalized by limited partners, with Perplexity contributing a portion of its previous funding as cornerstone capital. In December, Perplexity successfully raised $500 million, valuing the company at $9 billion. This investment fund is managed by two...

Japanese tech group SoftBank recently released its financial report, revealing a massive $2.4 billion loss over the past period. This loss primarily stemmed from poor performance of its Vision Fund investment portfolio. Despite facing challenges, SoftBank indicated its intention to make substantial investments in the field of artificial intelligence (AI), reflecting confidence in future technological trends. The latest financial report highlighted significant impairment of the Vision Fund's value, with many investment projects not meeting expectations. This situation has placed substantial financial pressure on SoftBank, as well as spurring market concerns.

Against the backdrop of increasing global competition in AI, the EU has officially announced an unprecedented artificial intelligence investment plan. Today at the AI Action Summit in Paris, European Commission President Ursula von der Leyen formally unveiled a grand initiative called 'Invest AI', showcasing the EU's strong determination in global AI competition. This investment plan, with a total scale of €200 billion, notably includes a dedicated €20 billion European Fund for the construction of AI gigafactories. This decision marks the EU's official entry into large-scale AI development.

Against the backdrop of rapid development in artificial intelligence, iFLYTEK and several enterprises jointly established the 'Anhui Kexun Artificial Intelligence Venture Capital Fund Partnership (Limited Partnership)' on December 16. The fund has a total investment of 500 million RMB, aiming to support and promote innovation and development in the field of artificial intelligence. According to data from the Tianyancha App, the managing partner of this newly established investment fund is Hefei Kexun Innovation Information Technology Partnership (Limited Partnership). Its business scope is extensive, covering equity investment and investment management for private equity funds.