CMC Capital and Hong Kong Investment Corporation jointly launched the "AI Creative Fund" and led the investment in the multimodal model and creative community LiblibAI.
Recently, CMC Capital and Hong Kong Investment Corporation Limited (HKIC, hereinafter referred to as "HKIC") jointly established the "CMC AI Creative Fund" and participated as co-lead investors in the Series B financing of LiblibAI, China's largest multimodal model and creation community. The total amount of this round of financing reached $130 million, making it the largest financing in the AI application track so far this year. It also marks that the focus of AI investment is shifting from underlying models to the application layer.
01 Strong Alliance: Dual - wheel Drive of Resource Advantages to Promote Hong Kong as a Global GenAI Creative Hub
The "CMC AI Creative Fund" focuses on the application and innovation of generative artificial intelligence (GenAI) in the creative industry. Relying on Hong Kong's international data environment, mature cultural and creative foundation, and policy advantages in Hong Kong and the Greater Bay Area, the fund helps Hong Kong build an Asian GenAI innovation hub . The cooperation between CMC Capital and HKIC integrates the complementary advantages of both parties in industrial resources, technical talents, policy location, and capital operation. It is a deep integration of a market - oriented investment institution and a government strategic platform.
HKIC is wholly owned and established by the Hong Kong Special Administrative Region Government. It is an investment platform that practices the positioning of "patient capital" and also serves as a "super connector" with a "dual mission" - to seek medium - and long - term financial returns while creating and supporting new growth drivers. Currently, HKIC has invested in more than 130 projects, clearly focusing on three core tracks: hard technology, life science, and new energy and green technology, as well as their related applications. Among them, artificial intelligence and embodied intelligence are key growth areas for its layout.
As one of the leading professional investment institutions in China, CMC Capital has made extensive investments in pan - culture, Internet technology, and new consumption in the past 10 years. In recent years, it has gradually expanded to cutting - edge technology investment fields such as enterprise digitization, unmanned driving and intelligent vehicles, new energy, new materials, industrial intelligence, and AIGC. Its sister company, "China Media Capital (CMC Inc.)", has built a leading content cluster and comprehensive collaborative ecosystem covering multiple fields such as film and television, variety shows, Hong Kong and Macao media, games, lifestyle, financial media, concerts, live performances, sports, theme parks, and digital marketing, providing rich application scenarios and commercialization paths for the combination of AI technology and the content industry.
"GenAI is reshaping the global industrial landscape. Hong Kong has an international capital market, leading AI universities and talents, a diverse content creative industry foundation, a mature IP protection system, and can fully leverage the synergy advantages with the Greater Bay Area, closely connecting the mainland and international markets. It fully has the potential to become the Asian GenAI application center." Li Ruigang, the founding managing partner of CMC Capital said. "We hope to empower the industry with capital and feed back finance with technology, cultivate enterprises that can serve as new economic growth engines, and at the same time form an agglomeration effect of international science and technology innovation enterprises in Hong Kong. Relying on its profound content creative industry resources and investment management experience, CMC Capital will join hands with HKIC to inject long - term impetus into content technology innovation in Hong Kong."
Chen Jiaqi, the CEO of HKIC said: "LiblibAI, with its unique 'tool + community' model, deeply integrates generative AI into the actual scenarios of the creative industry, demonstrating strong product strength and ecological potential. As an investment institution adhering to the concept of 'patient capital', HKIC focuses on innovation in the technology application layer, and LiblibAI is a typical project for our key layout in the cross - field of AI and cultural creativity. We believe that enterprises with a global vision, technology implementation ability, and business sustainability will inject new impetus into the development of Hong Kong and the country, creating long - term economic and social value."
02 Investing in LiblibAI: China's Largest Multimodal Model and Creation Community
Founded at the end of 2023, after the explosion of open - source visual creation, LibLibAI has now grown into China's largest multimodal model and creation community. The platform integrates multimodal capabilities such as image, video, 3D, and LoRA training, covering the complete AI workflow from inspiration generation, visual design to dynamic video production, and has incubated more than 20 million AI creators, including professional visual scenarios such as illustration, photography, e - commerce, posters, and IP.
Against the background of the gradual convergence of AI basic models, LiblibAI stands out with its strategic path of "tool integration + community ecosystem". The platform not only aggregates the world's leading open - source and closed - source video and image generation models but also forms a unique co - creation ecosystem of model - scenario - creator through lightweight model training and creator incentive mechanisms.
In October 2025, LibLibAI released version 2.0, upgrading the "aggregated tools" to an "AI professional creation studio", strengthening the video generation ability, supporting multi - model generation and professional - level special effect templates, and realizing an end - to - end experience from inspiration to finished video, opening a new standard for AI video production.
03 Strategic Extension of the Investment Map: Forward - looking Layout in the Generative AI Track to Open a New Chapter in the Intelligent Upgrade of the Creative Industry
CMC Capital continues to expand its investment map, extending from TMT, consumption, and new energy to artificial intelligence, seizing industry - leading opportunities with a forward - looking perspective. Its layout in AI is based on years of industrial resources and investment research systems, continuing the original intention of promoting industrial upgrading and social progress through professional investment, and long - term empowering and accompanying the growth of high - quality enterprises.
Currently, generative AI technology is experiencing a revolutionary breakthrough. Its multimodal content generation ability brings triple opportunities of efficiency improvement, experience renewal, and reconstruction of production relations to the creative industry. As generative AI technology moves from the laboratory to commercial applications, CMC Capital has captured and discovered the potential of this transformative technology to reshape traditional fields such as content creation and media entertainment. It resolutely relies on its past in - depth accumulation in the technology field, aiming to build a complete closed - loop of "technology + scenario + ecosystem" through systematic investment to support high - potential teams to achieve large - scale commercial implementation.
The establishment of the "CMC AI Creative Fund" is not only an integration of capital and resources but also bears the long - term vision of promoting industry transformation. For CMC Capital, this cooperation further strengthens its strategic depth in the technology investment field. Through systematic layout in the two hard - technology fields of new energy and AI, it demonstrates its long - term commitment as a firm supporter and companion of China's innovative economy. For HKIC, the fund plays the roles of a "pioneer" and a "connector". By creating a successful case and commercial model of AI application in the historical advantageous industry of cultural creativity in Hong Kong, it aims to form a demonstration effect, helping HKIC attract more global enterprises and talents, especially young talents, in relevant fields.
In the future, CMC Capital and HKIC will jointly use the "CMC AI Creative Fund" to continuously focus on directions such as generative AI software, AI hardware, and AI - empowered overseas expansion, systematically promoting the deep integration of technology, scenarios, and ecosystems, and injecting continuous impetus into scientific and technological innovation and industrial upgrading in Hong Kong and even the Greater Bay Area.