Chinese Academy of Sciences Joins Gaochun Capital to Establish First AI Industry Fund

Recently, the Chinese Academy of Sciences Automation, which represents the frontier of China's smart technology, ushered in the 60th anniversary celebrations. At the meeting, Xu Bo, director of the Institute of Automation of the Chinese Academy of Sciences, announced that the Institute of Automation of the Chinese Academy of Sciences and Gaosheng Capital will jointly establish an artificial intelligence industry fund. The first phase of the raised capital will be 1 billion yuan, mainly investing in R&D and application in the field of artificial intelligence. Early and growth projects and businesses. He said that the fund is based on the principle of openness, combined with social resources, to create an industrial highland for artificial intelligence and talent technology. This will be the first domestic industrial fund to cooperate with excellent capital by the national research institutes and create an innovative model for the integration of research capital.

Established in October 1956, the Institute of Automation of the Chinese Academy of Sciences is the earliest national research institute established in China. It is also the earliest scientific research institution engaged in research and development of artificial intelligence technology. The Institute of Automation has 12 scientific research and development departments, and has a world-class reserve of scientific, technical and scientific talents in areas such as smart technology and information processing. It has a leading position in biometrics recognition, speech language intelligence processing, and intelligent image video monitoring technology.

The wave of artificial intelligence innovation brings the opportunity for China to lead the fourth industrial revolution

When talking about the original intention of setting up the fund, Zhang Lei, founder and CEO of Gaochun Capital, stated that in the past three technological revolutions, the revolution in science and technology has led to a geometric increase in human labor and production efficiency, which has brought about a human social transition. Level changes. The competition between countries is, in the final analysis, a competition between technology and innovation. Thanks to the gradual maturity of the three major elements of algorithm, big data and computing power, the field of artificial intelligence has been developing rapidly in recent years and is creating new opportunities for industrial change. It essentially improves the efficiency of human use of Earth resources and truly promotes the development of human civilization. Industrial processes will depend on the development of these cutting-edge technologies. This wave of artificial intelligence innovation has brought China a historic opportunity to lead the fourth industrial revolution and achieve long-term sustainable growth. At present, China’s reforms have entered the period of hardships and deep waters, and industrial breakthroughs require the substantive promotion of cutting-edge technologies, and the technology is quickly and better transformed into productive forces. The cooperation between Gaochun Capital and the Chinese Academy of Sciences is just as pioneered by Xu Bo. The new innovation model is a useful exploration and attempt to integrate the development of production, education and research.

It is reported that the artificial intelligence industry investment fund set up by Gaochun Capital and the Institute of Automation of the Chinese Academy of Sciences invests in early-phase and long-term projects and enterprises for R&D and application in the areas of big data, cloud computing, and artificial intelligence, and will focus on artificial intelligence. The combination of technology and practical application scenarios and value creation. Every technological revolution in history is that the original industry has created many new industries through its combination with new technologies, or it has made traditional industries appear in new forms, and further brought about innovations in business models, thereby promoting the social lifestyle. change. According to reports, there are currently hundreds of billions of dollars invested in research related to artificial intelligence in the world. Artificial intelligence is generally considered by researchers as a new ecology. As an Internet-like medium, artificial intelligence technology will gradually infiltrate into retailing, Financial, health care, education, transportation, and government public affairs will create incalculable market space and social value.

Gao Yao drives industry and research integration, boosting industrial innovation and upgrading

The core of innovation lies in talents and applications. Gaochun Capital is committed to becoming a bridge for grafting high places of talents and applying highlands. The author finds that recently Gaochun Capital has invested in a number of companies driven by technological innovations, including Mobike in the field of smart manufacturing that has just announced the completion of the C-Financing, Baekje in the biomedical field, and Baihui Gold in the field of big data applications. , and electric cars in the field of Weilai cars. It is understood that the first "Future Science Award" recently announced was also initiated by Zhang Lei, the founder of the forum's founding director Gao Sheng Capital. In addition to supporting basic research in the field of scientific research, Gaochun Capital also attaches importance to the discovery and cultivation of innovative talents. The Gaoli Research Institute established at Renmin University has trained a large number of outstanding young people with innovative practices.

As one of the funds with the largest asset management and best performance in Asia, Sorghum Capital has extensive global vision and resource integration capabilities. Through a long-term study of a deep understanding of the nature of business, Gaochun Capital is sensitive to the impact of technological innovation on human civilization, and can help innovative projects and companies realize commercialization and create social value in combination with practical application scenarios. Gaochun Capital focuses on long-term value investment. Its investment direction covers high-tech, internet, consumer and retail, finance, healthcare, and corporate services. Representative investment cases include: Tencent, Baidu, Midea, Jingdong, Didi, and Midea. Mission, Uber, Airbnb, where to go, Baekje Shenzhou, Kid King, Zhongtong Express, Weilai Auto, Horizon Robot, etc. At the same time, Gaochun Capital is also one of the investment institutions in the field of artificial intelligence, such as big data, cloud computing, etc.

In cooperation with the Institute of Automation of the Chinese Academy of Sciences, the two parties will each use their resources to combine the advantages of national research institutions and market-oriented investment institutions to explore innovative models of cooperation between industry, universities and research institutes, build high places for Chinese artificial intelligence talents and applications, and jointly promote domestic artificial intelligence. The R&D and application of the industry is booming.

As the person in charge of the cooperation fund, Gao Wei, a partner at Gaochun Capital, said at the meeting, “From cost substitution to business model innovation to technology-led innovation, Chinese companies’ research and development efforts in the forefront of technology and young and open minds. This gives us the opportunity to participate in and even lead a new round of world-class innovation. It is our historical opportunity to support and accelerate China's original world-class innovation process, and it is also our mission and responsibility."


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