The National AI Industry Investment Fund is China's massive state-backed AI fund, launched in January 2025 with RMB 60.06B ($8.21B). It operates as a joint venture between Guozhi Investment (Shanghai) and China IC Industry Investment Fund Phase III, with a single LP: the National Big Fund Phase III backed by 19 state stakeholders including the Ministry of Finance and 6 major state banks.
The fund...
Shanghai, China
Beijing, China
Ahmedabad, India
Paris, France
Singapore, Singapore
Menlo Park, United States