Shanghai Closes $1B Towards $15B AI Investment Fund In Yangtze River Delta

News Source: China Money Network.

Shanghai International Group (SIG), an investment arm of the Shanghai government, collected RMB7 billion (US$1.02 billion) in the first phase of the Yangtze River Delta Collaborative Advantage Fund to develop advanced technologies in the area, according to a statement on the government website.

Shanghai Closes $1B Towards $15B ...

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