凯辉完成创新基金三期10亿美元终关，all in AI应用

Core Viewpoint - The article highlights the successful closing of the KKR Innovation Fund III, which has reached a management scale of $1 billion, making it the largest AI-focused fund in EU history. The fund aims to drive deep applications of AI across key industries such as digital healthcare, fintech, consumer goods, and transportation and energy [1]. Investment Focus - KKR's investment strategy emphasizes the importance of AI serving specific scenarios and solving real problems, focusing on systematic solutions rather than just technological tools. The fund is particularly interested in early-stage to growth-stage projects, with individual investments ranging from $5 million to $80 million [2][5]. - The fund has not engaged in investments related to general large models or underlying infrastructure, adhering to a strategy that prioritizes practical applications and ecosystem development [5]. Globalization and Local Expertise - A significant feature of the fund is its global reach, with new limited partners (LPs) from South America, including Vale and COPEC, expanding its regional diversity while maintaining a strong industry focus. The fund has established local offices in key markets to better understand and navigate local ecosystems [1][6]. - KKR's advantages in the AI investment landscape include local offices in Asia, Europe, and the US, as well as a network of industry LPs that enhance its understanding of how AI products can be implemented in specific industry scenarios [6][7]. Long-term Vision - The fund views AI as a long-term proposition rather than a short-term profit opportunity, emphasizing the need for resilient entrepreneurs to build algorithmic capabilities, business models, and talent systems from an industry perspective [8]. - KKR aims to provide not only capital but also global vision, industry insights, and resource collaboration to help companies navigate early uncertainties and achieve scalable growth across markets [8].