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China’s AI Investment Fund Targets Large-Model Development
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On 20 October, China’s national AI industry investment fund was reported to have started deploying its RMB 60 billion (approximately US$9 billion) capital into domestic large-model developers. The initiative is intended to accelerate AI integration across...
On 20 October, China’s national AI industry investment fund was reported to have started deploying its RMB 60 billion (approximately US$9 billion) capital into domestic large-model developers. The initiative is intended to accelerate AI integration across manufacturing and consumer sectors; the fund’s total target size is not a single technology procurement contract.
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