China Everbright Limited and Terminus Technologies Launch A 10-Billion AI Economy Fund

News Snapshot:

by investleafwebservices@gmail.com China Everbright Limited and Terminus Technologies Launch A 10-Billion AI Economy Fund BEIJING , July 12, 2020 /PRNewswire/ — China Everbright Limited (“CEL”), and Terminus Technologies (Terminus), recently announced the joint launch of “CEL AI Economy Fund”, aiming to raise RMB 10 billion and operate in both Renminbi and US dollars. So far, the fund has received RMB 7 billion in Phase 1 from institutional investors, with the launch of the US dollar tranche to launch soon . CEL AI Economy Fund focuses on the application of AIoT+ strategy and its ecology in the entire industry. The fund...