Investcorp, a global provider and manager of alternative investment products, agreed to invest in Terminus Technologies, global Artificial Intelligence CITY and smart service provider in China. Financial terms were not disclosed. “We believe that the global adoption of AI and IoT technologies offers significant growth opportunities by accelerating digital transformation across industries and cities. We are excited to partner with Terminus Technologies, one of the leading enterprises in the sector and we look forward to supporting their vision to unlock the full potential of their cutting-edge technologies,” Duncan Zheng, Investcorp Managing Director, Private Equity Asia.