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The National Artificial Intelligence Industry Investment Fund acquires a stake in China Telecom's artificial intelligence company.
Qichacha’s app shows that in recent days, China Telecom AI Technology (Beijing) Co., Ltd. has undergone an industrial and commercial change: new shareholders have been added, including the National AI Industry Investment Fund Partnership (Limited Partnership), the CCTV Integrated Media Industry Investment Fund (Limited Partnership), and the Beijing AI Industry Investment Fund (Limited Partnership), while the registered capital has increased from 3B yuan to 3.37B yuan. Public information shows that China Telecom AI is a technology-, capability-, and platform-oriented professional company that China Telecom has established to carry out AI business. (People’s Finance News)