Baidu's fund invests in Popi AI's affiliated company, which is a developer of AI animation creation tools.

Tianyancha's business information shows that recently, there has been a business change in the associated company of Popi AI, Shanghai Dimension Meme Technology Co., Ltd. The newly added shareholder is Sanya Baichuan Zhixin Private Equity Investment Fund Partnership Enterprise under Baidu, and the registered capital has increased from 1 million RMB to about 1.087 million RMB. At the same time, there have been changes in some of the high-level executives. Shanghai Dimension Meme Technology Co., Ltd. was established in September of this year, with Ning Shaofeng as the legal representative. Its business scope includes film production services, animation and game development, and advertising production. Shareholder information shows that the company is now jointly owned by Ning Shaofeng and the newly added shareholder mentioned above. Public information shows that the company is dedicated to lowering the threshold for animation creation through AI technology, providing content creators with more convenient and efficient creative tools.