Core Viewpoint - CMC Capital is expanding its investment landscape into artificial intelligence (AI) through the establishment of the "CMC AI Creative Fund" in collaboration with Hong Kong Investment Company (HKIC), marking a shift in AI investment focus from foundational models to application layers [2][4][12]. Group 1: Investment Strategy - The "CMC AI Creative Fund" aims to leverage Hong Kong's international data environment and mature cultural creative industry to establish the city as an Asian hub for generative AI (GenAI) innovation [4][6]. - CMC Capital has a decade-long history of investment across various sectors, including TMT, consumer, and new energy, and is now focusing on cutting-edge technology investments such as AI, autonomous driving, and digital transformation [5][11]. Group 2: Collaboration and Synergy - The partnership 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 [5][12]. - HKIC, established by the Hong Kong government, focuses on long-term financial returns while supporting new growth drivers, having invested in over 130 projects in hard technology, life sciences, and green technology [5][6]. Group 3: LiblibAI and Market Position - LiblibAI, founded 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 [8][9]. - The platform's unique "tool integration + community ecosystem" strategy distinguishes it in a landscape where AI foundational models are becoming increasingly similar [8][9]. Group 4: Future Outlook - CMC Capital aims to capture the transformative potential of generative AI in content creation and media entertainment, focusing on building a complete ecosystem that supports high-potential teams for scalable commercial success [11][12]. - The collaboration is expected to create a successful case study in AI applications within the cultural creative industry, attracting global enterprises and young talent to Hong Kong [12].