China's Shenzhen to set up $1.4b govt-led fund for AI, robotics

China's Shenzhen to set up $1.4b govt-led fund for AI, robotics

Photo credit: Pixabay

Shenzhen, a technology hub in southern China, is setting up a 10 billion yuan ($1.4 billion) industry fund to invest in artificial intelligence (AI) and robotics, with a focus on AI software, hardware, and embodied intelligence, according to state news agency Xinhua citing local authorities.

Edited by: Pramod Mathew

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