Russia’s RDIF, China’s CIC Agree on $1b Tech-Investment Fund

Bloomberg, 17.09.2019

(Bloomberg) -- Russian Direct Investment Fund agreed on key terms of $1b technology investment fund with China Investment Corporation, Kremlin-backed fund says in statement.

New fund to focus on artificial-intelligence research

NOTE: RDIF, CIC already partners in Russia-China Investment Fund, set up in 2012