Key Points:
The Paper learned from a group of friends of Kai-fu Lee, Chairman and CEO of Sinovation Ventures, that Kai-fu Lee is preparing to launch Project AI 2.0, another new global AI company, in the hopes of “recruiting talents” on a worldwide scale.
In addition to personally preparing to establish a new company, Kai-Fu Lee also said that they are actively looking for investment opportunities related to AI 2.0 technology and application and accelerating the creation of a new business. New business for the ecosystem for AI 2.0.
Li Kaifu said AI 2.0 Project is the seventh company incubated at the top level of Innovation Work, and its goal is not just to create China’s version of ChatGPT.
It was previously reported in February that former Meituan Lianchuang Wang Huiwen had invested $50 million into artificial intelligence, saying he would build China’s OpenAI.
Wang Huiwen personally holds no shares; the funds hold 25% of the shares, and 75% of the shares are used to invite top R&D talents. In the next funding round, top VCs signed up for US$230 million.
AI technology exploded this year when ChatGPT is, a chat robot launched by artificial intelligence company OpenAI in November 2022. In just five days after its launch, the number of registered users exceeded 1 million. Two months after its launch, the number of users surpassed 100 million, making it the fastest-growing consumer app in history.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Foxy
Coincu News
Bitfinex data leak allegedly by FSOCIETY includes 2.5TB of exchange data and 400K users' details.…
According to Parsec, Friend Tech v2's launch disappointed many, with 95% users unable to claim…
The legal debate over Ethereum classification intensifies as Consensys sues SEC for regulatory overreach.
Bitcoin ETF inflow witnessed a significant surge on May 3, signaling a potential shift in…
Friend.tech V2 was unveiled with the airdrop of FRIEND tokens and the Money Club feature.
Grayscale spot Bitcoin ETF sees its first daily increase since January, with a net inflow…
This website uses cookies.