CJ Group Invests $100 Million in AI and Embodied Intelligence Fund

CJ Group's wholly-owned subsidiary, CJ Investment Management (Xiamen), has invested RMB 1 billion in a venture capital fund focused on artificial intelligence and embodied intelligence. Ningde Times disclosed on the 15th that CJ Investment Management (Xiamen) and other entities have joined the Xiamen Time Xin Yuan Venture Capital Fund Partnership. The total investment amount for the fund is RMB 491 million, with CJ Group's contribution representing a 20.4081% stake. The fund plans to invest in artificial intelligence, embodied intelligence, technology applications, and advanced technology sectors. PANews reported similar figures and investment focus based on Chai Lian She.