Core Insights - LiblibAI has launched Tencent Hunyuan Image 3.0 and Youtu-Video FX, enhancing its image and video generation capabilities [1] Company Developments - The new models are available on the LiblibAI platform, allowing users to generate images and videos [1]

Group 1 - CMC Capital and Hong Kong Investment Company have jointly established the "CMC AI Creative Fund" and participated as co-lead investors in a $130 million Series B financing round for LiblibAI, marking the largest financing in the AI application sector this year [1] - The "CMC AI Creative Fund" focuses on the application and innovation of generative artificial intelligence (GenAI) in the creative industry, leveraging the complementary advantages of both firms in industry resources, technical talent, policy positioning, and capital operations [1][2] - Hong Kong Investment Company, fully owned by the Hong Kong SAR government, has invested in over 130 projects, focusing on hard technology, life sciences, and new energy and green technology, with a particular emphasis on AI and embodied intelligence as key growth areas [1] Group 2 - CMC Capital has expanded its investment focus over the past decade to include digitalization, autonomous driving, new energy, new materials, and AIGC, while its affiliate, Huaren Cultural Group, has built a comprehensive ecosystem across various content sectors [2] - CMC Capital's founder emphasizes Hong Kong's potential as an Asian GenAI application center due to its international capital market, leading AI talent, and mature IP protection system, aiming to foster a cluster effect of international tech innovation companies in Hong Kong [2] - LiblibAI, established at the end of 2023, has become China's largest multimodal model and creative community, integrating various AI capabilities and nurturing over 20 million AI creators across multiple visual fields [2][3]

Core Insights - CMC Capital and HKIC have established the "CMC AI Creative Fund" to invest in AI applications, marking a shift in AI investment focus from foundational models to application layers [1][3][8] - The fund aims to position Hong Kong as a global hub for generative AI (GenAI) in the creative industry, leveraging local resources and policies [3][4] Investment Highlights - The fund participated as a lead investor in LiblibAI's Series B financing, which raised $130 million, the largest AI application funding round this year [1][5] - LiblibAI has become China's largest multimodal model and creative community, integrating various AI capabilities and supporting over 20 million AI creators [5][6] Strategic Objectives - CMC Capital aims to drive industry transformation through systematic investments in AI, focusing on the integration of technology, scenarios, and ecosystems [7][8] - The partnership with HKIC is designed to attract global enterprises and talent to Hong Kong, particularly in the cultural and creative sectors [8] Market Positioning - CMC Capital has expanded its investment portfolio to include cutting-edge technologies such as AI, autonomous driving, and new energy, reflecting a commitment to supporting innovative economic growth [4][7] - The establishment of the fund is seen as a long-term vision to foster industry change and create successful AI application models in Hong Kong [8]

Core Insights - CMC Capital and HKIC have jointly established the "CMC AI Creative Fund" and participated as co-leads in a $130 million Series B financing round for LiblibAI, marking the largest AI application financing of the year and indicating a shift in AI investment focus from foundational models to application layers [1][3] Group 1: Fund and Strategic Collaboration - The "CMC AI Creative Fund" focuses on the application and innovation of Generative AI (GenAI) in the creative industry, leveraging Hong Kong's international data environment and policy advantages to establish it as an Asian GenAI innovation hub [3] - The collaboration between CMC Capital and HKIC integrates their complementary strengths in industry resources, technical talent, and capital operations, representing a deep fusion of market-oriented investment and government strategic platforms [3] - HKIC, established by the Hong Kong government, aims to achieve long-term financial returns while supporting new growth drivers, having invested in over 130 projects with a focus on hard technology, life sciences, and green technology [3] Group 2: LiblibAI Overview - LiblibAI, founded at the end of 2023, has become China's largest multimodal model and creative community, integrating capabilities across images, videos, and 3D, and has incubated over 20 million AI creators [5] - The platform's unique "tool integration + community ecosystem" strategy allows it to stand out in a landscape where AI foundational models are becoming increasingly similar [5] - LiblibAI plans to release version 2.0 in October 2025, enhancing its video generation capabilities and providing a comprehensive AI video production experience [5] Group 3: Investment Strategy and Industry Impact - CMC Capital is expanding its investment landscape from TMT and consumer sectors to artificial intelligence, aiming to capture industry-leading opportunities [6] - The establishment of the "CMC AI Creative Fund" reflects a long-term vision to drive industry transformation through the integration of capital and resources [7] - The fund aims to support high-potential teams in achieving scalable commercial success by creating a complete ecosystem of technology, scenarios, and community [7] Group 4: Future Directions - CMC Capital and HKIC will continue to focus on areas such as generative AI software, AI hardware, and AI-enabled international expansion through the "CMC AI Creative Fund" [8] - The collaboration aims to inject sustained momentum into technological innovation and industrial upgrades in Hong Kong and the Greater Bay Area [8]

Core Insights - CMC Capital and HKIC have jointly established the "CMC AI Creative Fund" and participated as co-leads in a $130 million Series B financing round for LiblibAI, marking the largest AI application financing in 2023, indicating a shift in AI investment focus from foundational models to application layers [1][3] Group 1: Fund and Investment Focus - The "CMC AI Creative Fund" focuses on the application and innovation of generative artificial intelligence (GenAI) in the creative industry, leveraging Hong Kong's international data environment and policy advantages to establish it as an Asian GenAI innovation hub [3][6] - HKIC, established by the Hong Kong government, aims to create long-term financial returns while supporting new growth drivers, having invested in over 130 projects with a focus on hard technology, life sciences, and green technology, particularly in AI and embodied intelligence [3][6] Group 2: Strategic Collaboration - The collaboration between CMC Capital and HKIC integrates their complementary advantages in industry resources, technical talent, and capital operations, representing a deep integration of market-oriented investment and government strategic platforms [3][6] - CMC Capital has expanded its investment scope over the past decade into various sectors, including digitalization, autonomous driving, and cutting-edge technologies like AIGC, supported by its extensive content ecosystem [4][6] Group 3: LiblibAI Overview - LiblibAI, founded in late 2023, has become China's largest multimodal model and creative community, integrating capabilities across images, videos, and 3D, and has incubated over 20 million AI creators [4][5] - The platform's unique "tool integration + community ecosystem" strategy has allowed it to stand out, combining leading video and image generation models with a lightweight training mechanism for creators [5] Group 4: Future Directions - The establishment of the "CMC AI Creative Fund" signifies a long-term vision for industry transformation, with CMC Capital reinforcing its commitment to technology investment and HKIC acting as a connector to attract global enterprises and young talent [6] - Future focus areas for the fund include generative AI software, AI hardware, and AI-enabled international expansion, aiming to drive the deep integration of technology, application scenarios, and ecosystems in Hong Kong and the Greater Bay Area [6]

Core Insights - The article discusses the transformative impact of AI, particularly generative models, on the creative industry, enabling individuals from various professional backgrounds to produce creative work with minimal effort [1][2] - LiblibAI, established in May 2023, has rapidly grown to become one of the largest AI image platforms in China, accumulating nearly 20 million creators and generating over 5 million images daily [1] Group 1: AI's Impact on Creative Work - AI has democratized creative processes, allowing non-professionals to create high-quality content, thus redefining the boundaries of creative labor [1][2] - The shift in creative production logic emphasizes imaginative demand over technical software skills, leading to new business opportunities and reshaping creator identities [2][5] Group 2: LiblibAI's Growth and Strategy - LiblibAI's user base grew to 10 million through a combination of grassroots outreach, organic social media sharing, and a closed-loop asset production model [7][10] - The platform supports a community-driven approach, allowing users to upload and share their style models, fostering a rich ecosystem of creativity [9][10] Group 3: Global Expansion and Market Adaptation - LiblibAI aims for global reach, initially targeting markets in Japan, South Korea, and Southeast Asia due to their similar aesthetic preferences and openness to AI tools [11][12] - The platform adapts to regional content preferences, with significant differences observed between domestic and international user demands [12] Group 4: Future of AI in Creative Industries - The integration of AI is expected to shift creative workflows from labor-intensive to creativity-intensive processes, allowing creators to focus on narrative and selection rather than execution [14][19] - Future creators will need to develop skills in expressing creative ideas clearly, as AI tools evolve to facilitate more natural interactions [15][16] Group 5: Long-term Vision and Industry Evolution - LiblibAI envisions a future where AI acts as a collaborative partner in the creative process, enhancing human creativity rather than replacing it [20][23] - The company aims to become a global hub for multi-modal AI creativity, connecting creators and developers worldwide [23]