AI funds set up to tackle future labor shortages

Expert highlights big opportunities as sector benefits from impact of aging population

Three artificial intelligence funds were established on Tuesday at a forum held during the World Artificial Intelligence Conference, aiming to tackle labor shortages amid the country's aging population problem.

A signing ceremony was held for the creation of the Shanghai AI Investment Fund, Shanghai Yangpu AI Investment Fund of Funds and the DeepBlue AI Investment and Acquisition Fund during the forum titled Enlightening a New Era via AI Investment.