Jenny Xiao
肖涵
Jenny Xiao is the founder and former CEO of Jina AI, a search AI company that Elastic acquired in October 2025 . Post-acquisition, she joined Elastic as VP of AI to lead strategy and R&D, with her core team continuing work on vector models, rerankers, and small models for search AI . Earlier in her career, she was an OpenAI researcher before becoming a partner at Leonis Capital, where in 2024 she spoke on AI application challenges including dataset preparation, RAG tooling, and fine-tuning . The entity card conflates her with Xiao Han (肖涵), Jina AI's actual founder and CEO—a distinct person who led the company from its seed round through Yunqi Capital backing to its Elastic exit .
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Coverage
The Lobster Farmers Have Already Started Rebuilding the World | Yunqi Capital X MiniMax OpenClaw Meetup Recap
What Is Agent Actually Changing?
云启资本·Yunqi Capital Quarterly | Upward, the Consistent Answer
New Growth, New Gains
云启资本·Elastic Acquires Yunqi Capital Seed-Backed Jina AI to Jointly Accelerate Search AI Infrastructure Evolution | Yunqi Capital
Driving Open-Source AI Infrastructure Toward a Global Ecosystem
云启资本·Deep Dive: The DeepSeek Boom — Who Hit the Jackpot? Who Took the Hit? | Yunqi Capital Attent!on Podcast
DeepSeek's open-source push keeps accelerating, and the chain reactions it set off continue to ripple through the industry. As a major focus of tech entrepreneurship and venture investment in recent years, how will AI's venture narrative shift? What changes are entrepreneurs and investors on the ground actually sensing?
云启资本·Vol.06 2025 AI VC Roundtable: DeepSeek Goes Viral — Who Hit the Jackpot? Who Took the Hit?
云启资本·AI Watch: Snake Meets Tetris | 5Y View
Quarterly AI Industry Observations 1Q24
五源资本·What Are the 5 Critical Questions for Making Open Source Commercialization Work? | Yunqi Capital × China Open Source Conference
AGI and Globalization Are Changing Open Source — Here's How
云启资本·Jina AI Launches World's First Open-Source 8K Vector Model | Cloud News · Open Source
Currently, only two AI technology companies — OpenAI and Jina AI — have released 8k embedding models.
云启资本·Yunqi AGI × WAIC2023 | Three New Opportunities for Large Model Deployment ## 01 In 2023, large language models have become the hottest topic in tech and investment circles. At this year's World Artificial Intelligence Conference (WAIC), discussions about large models were everywhere. From B2B to B2C, from infrastructure to applications, from text to multimodal — the entire ecosystem is being reshaped. But beneath the excitement, a critical question looms: where exactly are the real opportunities for large model deployment? At the WAIC Yunqi Capital AGI Forum, we invited entrepreneurs and investors at the forefront of large model development to share their perspectives. Through in-depth conversations, we identified three emerging opportunities that deserve attention. ## 02 Opportunity One: Vertical Industry Models The consensus among panelists was clear: general-purpose large models are important, but vertical industry models represent the more immediate commercial opportunity. Why? Because general models, while capable of many tasks, often lack the depth required for professional scenarios. In fields like healthcare, finance, and legal services, domain expertise — specialized knowledge, compliance requirements, workflow integration — creates significant barriers to entry. As one entrepreneur noted: "A general model might score 60 points on a
And, Yunqi Capital's AGI+ portfolio has added these new products —
云启资本·AGI in Practice, Innovation Breakthroughs, and Frontier Insights This Spring | Yunqi Capital Quarterly · Spring Issue
New thinking and new practice in AI from Yunqi Capital and its portfolio companies.
云启资本·"Jina AI" Xiao Han: ChatGPT Is Disrupting Search, SEO Will Become Meaningless | Yunqi Capital ChatGPT Special
SEO Is Dead, Long Live LLMO
云启资本·AIGC Pioneer "Jina AI": Decoding the Paradigm Shift in Multimodal AI | Yunqi Capital
The Frontier of a New AI Era
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