Hermitage CapitalMoneyMateriality 3Unconfirmed

Hermitage Capital keeps backing AI, chips and robotics with $1.5bn fund

Hong Kong-founded Hermitage Capital is maintaining a global strategy of investing in frontier technology, including artificial intelligence, semiconductors and robotics, mainly in the US and China. The private equity firm has a US$1.5 billion war chest, 80 per cent in US dollars and the rest in renminbi.

First seen 6 Oct, 06:00 UTC on South China Morning Post, Tech1 sourceLast update 4h ago

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