The Gu family in Taiwan, led by Gu Zhongli, heavily invests in AI, further expanding their territory.

The president of Cathay Enterprises, Gu Zhongli, has just joined the ranks of global wealthy individuals increasing their investments in AI, committing at least $100 million as a cornerstone for two funds, which will invest in companies involved in artificial intelligence infrastructure, including those collaborating with Nvidia.

Gu Zhongli invested 100 million USD heavily betting on AI

According to Bloomberg, these two funds are managed by the financing venture Zhongzu Holdings, supported by Gu Family Assets, and Era founded by Jasper Lau, with the goal of raising $1.5 billion from other ultra-high-net-worth individuals and institutions. Zhongzu Enterprises President Gu Zhongli ( Andre Koo Sr. ) has committed to contributing at least $100 million as anchor funding for the two funds launched this month, which will invest in artificial intelligence infrastructure companies, including those collaborating with NVIDIA.

The Gu family has confirmed that this billionaire is a cornerstone investor, but did not disclose the amount of their investment.

The Gu family in Taiwan is continuously expanding its territory, with Gu Zhongli long managing the China Rental Group.

The Gu family initially started with the trade of goods such as salt and sugar, and later expanded their business into real estate, industry, and finance, including holding shares in China Trust Financial Holding Co., Ltd. and KGI Financial Holdings Co., Ltd. According to the Bloomberg Billionaires Index, their total net worth amounts to at least 7 billion dollars.

Gu Zhongli is the third son of Gu Liansong, with his elder brothers being Gu Zhongliang and Gu Zhongying. Gu Zhongli has long been in charge of the China Rental Group, whose businesses cover leasing, consumer finance, tourism hotels, and more. In recent years, he has actively visited AI startups in Silicon Valley, focusing on emerging fields such as humanoid robots and the digitization of medical insurance.

Invested in AI infrastructure company by Era Fund Jasper Lau

Zhongzu and Gu Zhongli each pledged to invest at least 50 million USD into the aforementioned fund, which primarily targets private credit allocations for AI infrastructure companies. However, the plan has not yet been finalized, and this wealthy individual may invest more capital.

Gu Zhongli has invested $50 million into the Era fund under his family office, which will invest in artificial intelligence infrastructure companies through the family office, seeking equity investments. The Era fund is managed by 30-year-old American investor Jasper Lau, who founded Era in 2022. According to informed sources, Jasper Lau also assists Gu Zhongli in managing investments.

This article discusses how Koo Chung-Li of Koo Group invested heavily in AI, further expanding the Koo family's territory in Taiwan. It first appeared in Chain News ABMedia.