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Startups

Tsinghua University investment unit to back Japanese high-tech startups

Xi Jinping's alma mater to pour $584m into AI, robotics and fintech

Robots developed by Japanese startup Ory Lab at work at a Tokyo cafe. China's Tsinghua University aims to back Japanese AI, robotics and fintech ventures.
Robots developed by Japanese startup Ory Lab at work at a Tokyo cafe. China's Tsinghua University aims to back Japanese AI, robotics and fintech ventures.   © Reuters

TOKYO -- China's Tsinghua University's investment unit is set to become one of Japan's biggest supporters of high-tech startups, with plans to invest 4 billion yuan ($584 million) over several years in artificial intelligence and robotics ventures.

Tus-Holdings, the leading research university's investment arm, established an office late last month with UTokyo Innovation Platform, its counterpart under the University of Tokyo. The companies have agreed to team up to advance both markets by promoting joint research and staff exchanges between Japanese and Chinese startups.

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