云启资本

Claim your Year of the Horse limited-edition red envelope and calligraphy couplets from master artists | Yunqi Capital New Year Market

Galloping into spring, good things are happening.

Yunqi Capital Research | Embodied Intelligence in Industrial Scenarios: In-Depth Analysis of Capabilities and Applications

Full Throttle · Yunqi Capital New Year Goods Collection Vol. 1

Yunqi Capital | Noematrix Closes Series A Funding Round

R&D iteration and commercial deployment are accelerating.

At This Year's Year-End Party, My Colleague Got Upstaged by AI | A Yunqi Capital Holiday Gathering Notes

AI, and each other

Yunqi Capital | Portfolio Company Yitu Technology Secures New Strategic Funding Round After Angel Round, With Yunqi Capital Increasing Its Stake

Accelerating the Growth of an AI-Native Smart Cockpit Leader

"Cyber Employee" Clawdbot Goes Viral in Silicon Valley — Meet the Brain Behind It | Yunqi Tech π

When Clawdbot Met MiniMax

Into Every Wave: Yunqi Capital's Annual "Presence" Special

Co-Creating an Ecosystem, "Voices Eternal"

Yunqi Capital Invests in Sunseeker's Series B, Accelerating Growth in Outdoor Robotics | Yunqi Capital

Full-Stack In-House R&D, Pioneering a New Future for Outdoor Intelligence

Yunqi Capital | Astribot and Top Research Institutes Propose New CLAP Framework to Teach Robots Skills by Watching Videos

Actions move from the screen into reality

Yunqi Capital Portfolio Company MiniMax Founder and CEO Junjie Yan Participates in Premier Li Qiang's Symposium

Growing Steadfast Through the Waves

Vol.18 The Non-Sci-Fi Story of Brain-Computer Interfaces: From Top-Tier Hospitals to Home Bedrooms, How Many Steps to Rebuild Prefrontal Order? | A Conversation with Ximing Wang of Kongshan Ci

Vol.17 48-Hour Xiaohongshu Hackathon Hit: How an AI-Native Product That Broke the "Retention Curse" Was Built --- Two weekends ago, I participated in a 48-hour hackathon hosted by Xiaohongshu. Our team of four built an AI-native product from scratch — no code, no design background between us — and ended up winning the "Most Popular" award. The product? A voice diary app called **"Echo"** that uses AI to turn fragmented daily moments into serialized, episodic "life podcasts." Think *This American Life*, but starring you. What surprised me wasn't that we won. It was that people kept using it *after* the demo. Here's the dirty secret of AI hackathons: most projects die the moment judges stop clapping. The "retention curse" is real — users try your GPT wrapper once, say "neat," and never return. We broke that pattern. Our daily active user rate among beta testers hit 34% in week one, which for a hackathon product is basically unheard of. How? Three deliberate choices we made against hackathon orthodoxy. **First, we refused to build a chatbot.** The default AI product in 2024 is still "talk to a large language model." We explicitly rejected this. Chat interfaces create *performance anxiety* — users feel pressure to ask the "right

Vol.16 Tsinghua Entrepreneur-Scientist Huazhe Xu: From Intelligent "Hatching" to Home Embodiment, Stubbornly Chasing Originality in the AI Wave

Vol.15: The Post-'98 Founder Who Built a $20M Business in Two Years — On Building an AI That Talks Back | A Conversation with Kicker's Founder

Vol.14 OpenClaw Is Just the Beginning: Are Agents Reinventing the Company? | A Conversation with Happycapy's Founder

Vol. 13 The Smarter AI Social Gets, the More Human We Become Like NPCs? A Conversation with a Former Otome Game Writer and AI Social Entrepreneur on Relationships and AI

Vol.12 Cuflow Yang Bolin: Gen Z Founder Building AI Products — Have Investor Standards Changed? | Y Transformers

Vol.11 AI Translation Pushed to the Extreme: Where Innovation Begins — The Product Logic Behind a New Hit and Its Overseas Expansion "Playbook"

Vol.10: Do Robot Woks Make Pre-Made Meals? A Conversation with Geng Kaiping of ZhiGu TianChu

Vol.09 How Should Search Engines Work in the Agent Era? A Conversation with Yu Chen and Zhiheng Du on AI "New Infrastructure"