LISI Capital reportedly seeks to raise a new fund of $500 million.

According to informed sources, investment firm Lisi Capital aims to raise $500 million to establish a new fund focused on Chinese artificial intelligence (AI) companies. The firm is an investor in "The Dark Side of the Moon." One source said the company hopes to complete the fund-raising by the end of this year. Another source indicated that Lisi Capital is considering a broad range for the fundraising scale, which means the final amount may vary.