Yunqi Capital Invited to Become a Founding Council Member of the Global Tech Industry Alliance | Yunqi News

➤➤➤Recently, the 2023 Little Waist Technology Conference & AIGC Artificial Intelligence Summit convened, bringing together over 110 renowned scholars, business leaders, government officials, research institutions, entrepreneurs, and investors for dozens of parallel forums to collectively interpret the trajectory of global technological development.

At the summit, the Global Technology Industry Alliance was formally established. Yunqi Capital was invited to serve as a governing member alongside the Guangzhou Greater Bay Area Institute, Hong Kong University of Science and Technology (Guangzhou), Hengqin Digital Chain Digital Finance Research Institute Academic and Technical Committee, IDG Capital, Alibaba Entrepreneurs Fund, Huawei, and JD.com, helping to consolidate global technological strength and industrial incubation, and contributing to worldwide technological cooperation.

At this summit, Chen Yu, partner at Yunqi Capital, attended the opening ceremony's main forum roundtable discussion, exploring how to embrace the unknown in an environment of uncertainty. Chen Yu noted that for technology companies, the application of generative AI to real-world scenarios will follow a "80-20 rule" dynamic: 80% upgrading existing applications and 20% exploring new ones. This will also bring incremental capability advances to evolving technologies such as the metaverse and autonomous driving. Domestic AI large model companies still in the race all have opportunities to develop — the core lies in continuously improving engineering optimization and technical iteration capabilities while also fully mining innovative application scenarios.

As the AI wave surges in, Yunqi Capital's portfolio companies are actively embracing new technologies, building infrastructure, and launching AI+ new products (click for a quick visual guide to Yunqi's AGI portfolio), tangibly helping improve the quality and efficiency of people's production and daily lives.

The exploration continues to accelerate. Through the Wave AGI+ series of events, we engaged with nearly 300 entrepreneurs and industry experts in Beijing, Shanghai, Shenzhen, and Hangzhou to jointly discuss the infinite possibilities, application scenarios, and opportunities and challenges of new technologies.

Going forward, we will continue to practice and reflect, and amid the wave of productivity iteration, we will persistently strengthen technology-driven thematic exchange and cooperation, gathering professional strength. We look forward to embracing challenges and driving digital-intelligent innovation together with more technology entrepreneurs.