Lenovo to invest $500 mn in technology start-up fund

Lenovo Group, the world’s largest PC maker, is planning to invest $500 million in a technology start-up fund, according to media reports.

The Beijing-based devices company said that the fund, Lenovo Capital, is aiming to invest in sectors including artificial intelligence, robot and cloud computing, according to the company’s Senior VP He Zhiqiang.

Lenovo has invested $100 million in more than 30 companies in areas including mobile games, security and smart home devices.