Alibaba Entrepreneurs Fund's $150m new AI-focused vehicle hits first close

Alibaba Entrepreneurs Fund's $150m new AI-focused vehicle hits first close

From Right to Left: Cindy Chow, CEO of AEF and partner of NextGen Partners; Kenny Ho, partner of NextGen Partners. Image courtesy of Alibaba Entrepreneurs Fund.

Alibaba Entrepreneurs Fund (AEF), a Hong Kong-headquartered not-for-profit initiative launched by Chinese tech juggernaut Alibaba Group, has launched a maiden fund targeting Artificial Intelligence (AI) application opportunities. 

Edited by: Padma Priya