The National AI Industry Investment Fund was established with a capitalization of RMB 60.06 billion.

National Artificial Intelligence IndustryInvestment fundsThe partnership (limited partnership) was established on January 17th with a capital contribution of RMB 60.06 billion, and its scope of business includes: engaging in equity investment, investment management, asset management and other activities with private equity funds.

The National AI Industry Investment Fund was established with a capitalization of RMB 60.06 billion.

The enterprise is co-funded by the National IC Industry Investment Fund III Co.

The Report on the Development of Generative Artificial Intelligence Applications [2024] released by China Internet Network Information Center shows that in 2024, China's government attached great importance to the development of AI-related fields and introduced a series of promotional policies, which provided strong support for the healthy and orderly development of AI-related industries. As of June 2024The user scale of generative AI products in China reaches 230 million people, accounting for 16.4% of the overall population.

1AIFrom the report:

  • By the end of 2023.The scale of China's artificial intelligence core industry is close to 600 billion yuanThe number of AI companies exceeds 4,500.
  • As of July 2024, the number of large models of generative AI services that have been filed and put online in China and that can provide services to the public has reached more than 190, providing users with rich choice space and differentiated user experience.
  • The integration of generative artificial intelligence with various industries is accelerating in China. From intelligent voice assistants to self-driving cars, from machine translation to intelligent medical diagnosis, from intelligent manufacturing to smart cities, all kinds of AI products are gradually coming into people's lives, greatly improving users' quality of life and work efficiency.
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