Scale of 2 billion yuan, Zhangjiang Artificial Intelligence Innovation Town Link Fund launched.

On September 16, the Zhangjiang Artificial Intelligence Innovation Town Connection Fund was officially launched with a scale of 20 billion yuan. It is reported that the fund was jointly established by Hillhouse Capital and Pudong Venture Capital, aiming to connect and incubate outstanding entrepreneurs from home and abroad, connect with industry-leading companies and industrial resources, and form a follow-up investment linkage with the previously announced 20 billion yuan AI seed fund and 20 billion yuan angel fund in Pudong New Area.