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Shenzhen establishes RMB 1.55 billion artificial intelligence and robotics industry fund
Original from TechNode.com: Shenzhen establishes RMB 1.55 billion artificial intelligence and robotics industry fund

Shenzhen establishes RMB 1.55 billion artificial intelligence and robotics industry fund

A new private equity fund focused on artificial intelligence and embodied robotics has been established, with a capital of RMB 1.55 billion (approximately $217 million). This initiative, launched by Shenzhen Deep Venture Capital, is supported by several key investors, including Shenzhen Guiding Fund Investment Co., Ltd. and Shenzhen Futian Red Earth Equity Investment Fund Management Co., Ltd., among others. The establishment of this fund aims to capitalize on the growing demand and innovation in the AI and robotics sectors, reflecting a strategic move to enhance investment in cutting-edge technologies.

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