Embodied AI – Charm

New AI fund in China to pour US$8 billion into early-stage projects

Cs news3 months ago02 mins

China has disclosed details about a 60 billion yuan (US$8.2 billion) state fund aimed at early-stage investments in artificial intelligence (AI) projects, underscoring Beijing’s commitment to advancing the industry through state-led investments. Zhang Jianhua, an official from the Ministry of Industry and Information Technology overseeing the fund, said at a conference in Shenzhen that the…

Hong Kong to launch 2 AI forums aimed at bridging China and the world amid US tech war

Cs news5 months ago02 mins

The government-owned Hong Kong Investment Corporation (HKIC), which manages HK$62 billion (US$8 billion) of funds, plans to debut a conference for young emerging artificial intelligence (AI) scientists, as the city strives to become a bridge between China and the world amid growing Sino-US technology rivalry. HKIC on Wednesday said it was organising an International Young…