China’s National AI Investment Fund Begins Deploying Its RMB 60 Billion Capital

On 20 October, Caixin reported that China’s national AI industry investment fund had begun deploying capital into domestic large-model developers. The fund has a total target size of RMB 60 billion, approximately US$9 billion, but that figure represents the fund’s overall size rather than spending completed during the week; public agencies and policy advisers can explore AI-programme monitoring, investment dashboards and policy analytics, with HPC offering data infrastructure and analytical support priced according to project scope.

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