Zhihu plans to invest 1.5 billion yuan to participate in the establishment of an AI and frontier technology industry fund

According to Yahoo Finance, Zhihu announced that its wholly-owned subsidiary has entered into a subscription agreement with general partners and fund managers to subscribe for 1.5 billion RMB of limited partnership interests using its own funds.

Following the completion of the subscription, Zhihu expects to hold no more than 30% of the fund's interests. The fund has a duration of 7 years (extendable for up to two additional years), with an investment period of 4 years, and will primarily invest in early to mid-stage non-listed companies in the fields of artificial intelligence and cutting-edge technology in mainland China, covering areas such as foundational models, AI infrastructure, robotics, and AI applications.