At the 2026 Kunshan Conference on Promoting New-Type Industrialization and the Conference on AI Innovation and Development, Kunshan City made a grand announcement: the launch of an AI industry fund with a staggering total scale of 5 billion yuan, with an initial phase of 2 billion yuan already in place. Leveraging this fund as a pivotal connection, Kunshan has successfully put together a fund matrix that surpasses 130 billion yuan. This substantial financial backing is earmarked to bolster the construction of the '2+3+3' emerging industry system and fuel regional development. The fund, which was initiated by Chuangkong Group and established in partnership with esteemed institutions like Su Chuangtou and Capital Group, will primarily focus its investments on various facets of AI. By doing so, it aims to foster the growth of local enterprises and contribute to the building of a robust industrial ecosystem.