In recent years, there has been a significant shift in the investment landscape in China, particularly concerning startups focused on artificial intelligence (AI). Qiming Venture Partners, known for its investments in technological giants like Meituan and Xiaomi Corp., is once again attracting attention as it plans to raise approximately $800 million for a new fund dedicated to this sector.

The development of artificial intelligence in China continues to gain momentum, with startups playing a pivotal role in reshaping the technological landscape. Recent events surrounding Manus showcase how the achievements of Chinese companies on the global stage are supported by Beijing’s national focus on driving domestic innovation.