Zhejiang: Leveraging the provincial science and technology innovation fund and other funds to create a group of artificial intelligence funds totaling over 10 billion yuan.

The People's Government of Zhejiang Province has recently issued "Several Measures to Support the Innovation and Development of Artificial Intelligence", proposing to increase the support of financial capital. It will fully leverage the investment guidance role of the "4+1" special funds, rely on the third phase of the provincial scientific and technological innovation mother fund and other funds, to create a group of artificial intelligence funds of over 10 billion yuan, strengthen patient capital, guide financial capital to invest early, invest in small amounts, invest for the long term, and invest in hard technology, to meet the financing needs of artificial intelligence enterprises at different stages of their life cycle. Strive to attract the landing of the sub-funds of the national venture capital fund in Zhejiang.