The venture capital arm of Lenovo Group is doubling down on artificial intelligence for the next industrial cycle, expanding its focus beyond foundational models into robotics, computing infrastructure and AI agents, according to a senior executive. AI-related businesses now make up nearly one-third of the fund’s roughly 300 portfolio holdings, he said. “From a global perspective, AI is now the most important theme for the venture capital industry ,” said Song, who is also a vice-president at Lenovo Group. “This is like the fourth industrial [revolution] … where AI evolution … has reached a [tipping] point.” Since helping establish Lenovo’s corporate venture arm in 2016, Song has driven a “sniper” investment philosophy, focused on targeting top performers in key frontier technology sectors rather than spraying capital across the market.