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Guangdong to Establish RMB10B AI & Robotics Industry Investment Fund
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Hengjian Holding, a wholly state-owned company, ICBC (01398.HK) (601398.SH) Guangdong Branch, and ICBC Financial Assets Investment signed an agreement yesterday (16th) to jointly promote the establishment of an AI and robotics industry investment fund with a total size of RMB10 billion. Utilizing this fund, the three parties will support key core areas of the AI and robotics industry chain in Guangdong Province, emphasizing early-stage, small-scale, long-term, and hard technology investments. Their goal is to turn Guangdong into a global innovation hub for the AI and robotics industry. AAStocks Financial News |
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