China's CDH, SenseTime raising about $450m fund to invest in AI firms

China's CDH, SenseTime raising about $450m fund to invest in AI firms

REUTERS/Thomas White/Illustration

China’s CDH Investments and Hong Kong-based start-up SenseTime Group are raising about 3 billion yuan ($453 million) to invest in firms working on artificial intelligence (AI) technology, said two sources with knowledge of the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter