Gaming and internet company Kunlun is committing about $140m to the internet and AI-focused fund as one of its two cornerstone investors.

China-based internet and gaming group Beijing Kunlun Technology has established a RMB3bn ($424m) venture capital fund with investment manager Beijing Huayu Tianhong, DealStreetAsia reported today, citing a Shanghai Stock Exchange filing. The two are the cornerstone investors for Kunlun (Beijing) Internet Intelligent Industry Investment Fund and will each provide RMB1bn. A Kunlun subsidiary known as…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.