Shenzhen: Increase financial investment and form an artificial intelligence fund group with a scale of 100 billion yuan

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According to Jinshi’s report on May 31, Shenzhen issued the “Action Plan for Accelerating the High-quality Development and High-level Application of Artificial Intelligence in Shenzhen (2023-2024)”. The “Program” pointed out that it is necessary to strengthen financial protection. Increase financial investment and focus on supporting the innovation and application of artificial intelligence. Give full play to the role of government investment guidance funds, coordinate and integrate fund resources, and form an artificial intelligence fund group with a scale of 100 billion yuan. Encourage artificial intelligence companies to carry out equity financing in domestic and foreign multi-level capital markets, support venture capital and venture capital institutions to strengthen investment and mergers in artificial intelligence start-ups, and set up a special artificial intelligence session in the Shenzhen Venture Capital Day event held on the 8th of each month.

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