Yutong Zhang
张予彤
Yutong Zhang is the co-founder of Moonshot AI and formerly a managing partner at GSR Ventures, where she backed Xiaohongshu — her signature case, after she and GSR founder Richard Lin invested in Mao Wenchao alone out of a 2013 Stanford student startup competition . Her earlier angel portfolio runs deep in AI: Recurrent AI's first angel round, plus stakes in DeePhi Tech, LiblibAI, GravityXR, and Infinigence AI . She left GSR in 2024 — a departure that, as 暗涌Waves framed it, crystallized her split with Allen Zhu, who abandoned large-model investing while she moved toward it . That split turned public in the "Kimi Yang Zhilin arbitration case": Zhu confirmed she was a Moonshot founder "from day one," but accused her of breaching fiduciary duty over 9 million undisclosed founding shares, demanding an apology or return of most of the stake . More recently, she appeared at a Tsinghua campus talk as Moonshot AI's Yutong Zhang, described as the "1%" exception under capital-and-compute determinism .
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Coverage
Only 7 Openings Worldwide: Moonshot AI Begins Searching for Its Next Generation of Business Partners
Dropping out, going bankrupt, being a poor speaker — none of it matters
The Full Story of Alibaba's Investment in Moonshot AI
Game Changer.
The Other Half of AGI
"She is everywhere."
Moonshot AI K3 Launch: A Sleepless Night, Watching Long-Termism Pay Off
AI took another step forward.
I'm off to a portfolio company, bye.
We all have a bright future ahead of us.
The Unforgettable Series C Funding of Moonshot AI
A stroke of genius.
Who's the World's Top FA? Not Fan Bao
"Not Fan Bao" April 27, 2026 Qiu Mu *Burying AI* If you clicked on this headline, you probably already know the answer. Allow me to formally introduce — the unicorn factory that hit a $1.3 billion valuation before its product even officially launched, the King Maker holding several "AI Douyins" and world-model projects, the benefactor of Lovart's Melvin Chen on his road to success, the Farsighted Capital that uses Wu Ma as its own Dou+. As the most accomplished player in the current meta of China's venture capital market...
"Undercover" at Moonshot AI: 100 Hours
Taste is all you need
Kimi Without Titles, Departments, or OKRs: How 300 People Carry a $120 Billion Valuation | BlueRun Ventures Family Headlines
Humans make the rules, silicon executes them, and organizations become vessels for algorithms.
"20 Days Overseas, Earned What We Made All Last Year": How AI Products Go Global | BlueRun Ventures AI Annual Outlook
The Posture of the "Number One" and the "Silent Majority"
BlueRun Ventures' AI Annual Outlook: Survival, Evolution, and Narrative for China's AI Founders | Booming Talk
"Chinese people can now define a narrative of their own in AI too."
From Tantan to Qianshou: A "Shamelessly Persistent" Entrepreneur's Confession | Buming Entrepreneurship Camp
When you set aside your ego, the things you pursue become boundless.
Moonshot AI's Yutong Zhang Shares Her "Chain of Thought" on AI Entrepreneurship for the First Time | Buming Entrepreneurship Camp
Seven Topics AI Entrepreneurs Care About
AI Native Builder: You Can Always Find a Way to Say Hello to the World | Buming Entrepreneurship Camp
Outside, the wind howls with the collapse of the old order; inside, new routes emerge into view.
Merge the "Six Little Tigers" to build China AGI.
"Merge the Six Little Tigers"
Where Did the Money Go? Who's Still Writing Checks? A 2025 VC Debrief With Jing Liu
VC takes a certain amount of instinct.
Dancing with Love: Zhang Huaiting on Serial Entrepreneurship — Why Education Deserves Another AI Makeover | Tsinghua Campus Tour
At a technological inflection point, you have to throw yourself in to seize the era's opportunities.
Zhang Tao Responds to Controversy for the First Time: Why Manus Hasn't Been Replaced | Tsinghua University Campus Tour
The magic only happens when you give intelligence back to the model.
Moonshot AI's Yutong Zhang: The "1%" Exception Under the Capital-and-Compute Determinism | Tsinghua University Campus Talk
Seeking the optimal solution for converting energy into intelligence.
The AI Investment Mid-Game: Talent Wars, Faith Divides, and Super Opportunities
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Exclusive | Kimi Arbitration Settlement Fails, Zhang Yutong May Face Separate Lawsuit
The AI landscape has already shifted.
Exclusive | On the Kimi Case, Allen Zhu Spoke With Us for 20,000 Words Straight
On gain and loss.
Exclusive | The Full Untold Story Beneath the Surface of "Kimi Yang Zhilin Arbitration Case"
Who saw the sixpence, and who saw the moon.
Exclusive | Kimi Founder Yang Zhilin Faces Arbitration Filed by Former Investors
Another scandal at a high-profile AI company.
Allen Zhu went left, Zhang Yutong went right
When Allen Zhu chose to stay put and ride out the storm, Zhang Yutong decided to find a new table.
China's LLM Funding War: The Quick Death of Romance
Do the investors regret it?

























