Sinovation Ventures
创新工场
Sinovation Ventures is the venture firm founded by Kai-Fu Lee. In March 2023, 暗涌Waves reported that Lee was personally leading the formation of Project AI 2.0, a company aiming to build an AI 2.0 platform and AI-first productivity applications globally, not merely a Chinese ChatGPT clone . The firm operates an "AI工程院" (AI Engineering Institute) that incubates companies at the top of the pyramid—Project AI 2.0 was its seventh such incubation . Lee framed AI 2.0 as a platform opportunity "ten times larger than mobile internet," one that would rewrite existing software, interfaces, and applications while spawning new AI-native businesses . At that time, Project AI 2.0 was conducting its first funding round and recruiting globally for talent in large models, NLP, multimodal, algorithms, and distributed infrastructure .
AI-generated — may contain errors, please verify.
Coverage
"One-Person Fund" Closes Tens of Millions in First Close — Will the Era of VC Army Groups End? | Entering the Game
Solo, AI, globalization.
暗涌Waves·DPI > 1 — it's a magic spell.
Before taking responsibility for a new world, GPs must first answer to their LPs.
暗涌Waves·Why "Copy to China" Is Hard to Replicate, and Where China's LLM Opportunity Lies
Recently, Bai Zeren, Senior Investment Director at Linear Capital, sat down with *Jazzyear* to share his views on the entrepreneurial opportunities brought by ChatGPT. When it comes to the domestic market for large language model startups, Linear Capital remains optimistic. "While the engineering detours and challenges will take time to work through, the probability of Chinese companies producing something with 80% of ChatGPT's capabilities within two to three years is quite high — even if surpassing what OpenAI has already built will be difficult."
线性资本·Kai-Fu Lee is raising an AI 2.0 company — and it won't just be a Chinese ChatGPT clone.
"This will be China's first opportunity to compete at the platform level in AI — ten times bigger than mobile internet."
暗涌Waves·Hongshan Seed Deploys Another $480 Million, Early-Stage Investing Is About to Get Even More Crowded
What Should Seed Investing Look Like in a New Cycle?
暗涌Waves·ChatGPT is the talk of Silicon Valley, but the buzz is theirs.
"Some people laughed. Some people cried. The vast majority fell silent."
暗涌Waves·From the Big League to the Niche: The Glory Days of a Generation of Chinese VCs
How they will rethink fame, cycles, and investment.
暗涌Waves·Onion Math Closes 300 Million Yuan Series D Round, FreeS Fund Continues to Follow On | FreeS Fund Deal News
Internet-based inclusive education focused on primary and secondary school students
峰瑞资本·Zhuiyi Technology Closes $41 Million Series C to Accelerate Industrial AI Transformation
From Enterprise Intelligence to Industrial Intelligence
高榕创投·
