Core Insights - The Guangxi Zhuang Autonomous Region has issued management guidelines and investment directives for an artificial intelligence industry fund, aiming to regulate government investment in the AI sector [1][2] Group 1: Fund Management and Structure - The fund is initiated by the Autonomous Region Data Bureau and is supported by the Guangxi Government Investment Guidance Fund, with contributions from local governments, state-owned enterprises, leading companies, and private capital [1] - The fund will focus on sectors such as artificial intelligence, digital economy, low-altitude economy, Beidou remote sensing, and spatial geographic information [1] - The management process includes five key stages: intention collection, plan formulation, investment decision-making, post-investment management, and fund exit [1] Group 2: Financial Contributions and Risk Management - The local government can contribute up to 50% for sub-funds targeting seed and early-stage tech companies, with a combined contribution from local and county finances not exceeding 70% [1] - The guidelines specify that the supervisory department will not bear losses from market activities, and a performance evaluation system will be established to guide future investments and budget allocations [1] Group 3: Investment Focus Areas - The investment directives outline three primary sectors: artificial intelligence, low-altitude economy, and Beidou remote sensing and spatial geographic information [2] - The AI sector includes 15 subfields such as computing infrastructure, data systems, algorithm frameworks, and general AI technologies [2] - The low-altitude economy will focus on communication navigation networks, traffic management facilities, and the development of aircraft and core components [2] Group 4: Future Industry Directions - The directives also plan for investments in future industries like the metaverse, brain-computer interfaces, quantum information, and humanoid robots [2] - The initiative aims to attract quality enterprises, projects, and talent to build an AI industry chain with characteristics unique to Guangxi, targeting applications in ASEAN [2]