Hong Kong Billionaire Family Office Backs $100 Million AI Fund

3C AGI Partners, founded by former SenseTime Group Inc. managing director Esther Wong, is launching an artificial intelligence venture fund backed by a family office that runs money for some of Hong Kong’s richest families.

The fund is targeting as much as $100 million by March, after raising $50 million in a first close in November, Wong said in an interview in Hong Kong. 3C AGI has already deployed money from an initial 2023 AI fund.