Updated: Fenox Venture Capital, ASUS partner to launch $50m fund

The urban landscape of Taipei, with the Taipei 101 skyscraper in the background.

Fenox Venture Capital and Taiwan-based AsusTek Computer Inc (ASUS) are jointly launching a $50 million venture fund that will concentrate on technology startups operating in the areas of artificial intelligence (AI), Internet of things (IoT), Big Data, cloud, AR/VR and other related technologies.

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