[Zhihu Plans to Invest 1.5 Billion RMB to Establish an AI and Frontier Technology Industry Fund] According to Yahoo Finance on September 7, PANews reported that Zhihu announced via a public notice that its wholly-owned subsidiary has entered into a subscription agreement with the general partner and fund manager. The company plans to use its own funds to subscribe for 1.5 billion RMB in limited partnership interests in the fund. Upon completion of the subscription, Zhihu is expected to hold no more than 30% of the fund's interests. The fund will have a duration of 7 years (extendable by up to 2 years) and an investment period of 4 years. It will primarily invest in early to mid-stage unlisted companies in mainland China within fields related to artificial intelligence and frontier technologies, including foundational models, AI infrastructure, robotics, and AI applications.