Xiaomi's Hanxing Venture Capital and others invest in artificial intelligence partnership
Shanghai Lihe Suanxin Artificial Intelligence Industry Venture Capital Partnership has expanded its investor base, with Xiaomi's Hanxing Venture Capital and Shanghai Guotou Xiandao Artificial Intelligence Private Equity Investment Fund joining as partners. The fund's capital has also increased significantly from 100 million RMB to approximately 1 billion RMB. This venture capital firm, established in March 2026, focuses on investing in unlisted companies within the artificial intelligence sector. AI
IMPACT This capital injection into an AI-focused venture fund signals continued investment and potential growth in the AI sector, supporting new ventures and technologies.