
Shanghai's Bold AI Investment: 3 Billion Yuan CVC Fund
Published on: July 28, 2025, 2:40 p.m. | Source: Devdiscourse
Shanghai has initiated an Artificial Intelligence CVC Fund with an initial investment of 3 billion yuan. This fund aims to accelerate the development of AI technologies, positioning the city as a leader in innovation and technology. The initiative is expected to boost local technology sectors significantly.