Shanghai introduces AI investment consortium

A staff member looks at a robot at the venue of the World Artificial Intelligence Conference in Shanghai. ALY SONG/REUTERS Shanghai unveiled on Friday an artificial intelligence-themed investment consortium on the sidelines of the World AI Conference 2020, giving its AI ambitions a further leg up. Dubbed the Shanghai AI Reception Hall, the AI complex encompassing players from the academic, investment, technology and industrial circles, will provide a one-stop solution to enrich Shanghai’s AI development. Under the auspices of the Shanghai AI Industrial Investment Fund, the initiative is set to organize an expert committee to provide insights, an entrepreneur bloc…