Core Insights - Source Code Capital has completed fundraising for a new growth fund with a total size of $600 million, which includes both RMB and USD currencies [1] - The new fund will focus on two main investment directions: "AI+" and "Global+" [1] - The investment period for this fund is set for 5 years, with an exit period of 20 years, resulting in an overall lifespan of 25 years [1] Investment Focus - The "AI+" direction will primarily target areas such as AI to Consumer (AI2C), AI to Professional (AI2P), and the computing power industry chain [1] - The "Global+" direction will concentrate on smart hardware and software applications [1] Asset Management - As of now, Source Code Capital manages assets totaling approximately $7 billion, equivalent to 50 billion RMB [1]