Since 2016, Chinese capital's attention to cutting-edge technologies has reached an unprecedented climax.

In October last year, Hillhouse Capital, a well-known investment fund, and the Institute of Automation of the Chinese Academy of Sciences jointly established the "Artificial Intelligence Industry Fund", announcing that the scale of the first phase of funds raised was 1 billion yuan. Shortly before that, Sinovation Ventures, which has invested in Megvii Technology (Face++), UISEE, as well as 4Paradigm and Horizon Robotics, announced that it had successfully raised the second phase of RMB and the third ...... in USD

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