Yutong Zhang
张予彤
Yutong Zhang is a founder and president of Moonshot AI (Kimi), the Chinese large language model company now reportedly valued near $30 billion . She was previously a managing partner at GSR Ventures, where she built a track record as an early investor in Xiaohongshu and Recurrent AI, the latter being founder Yang Zhilin's prior startup . Her move to Moonshot AI followed a high-profile departure from GSR in 2024 and a subsequent dispute with former colleague Allen Zhu, who publicly accused her of failing to disclose her founder stake and breaching fiduciary duties . At Moonshot AI, she operates under the alias "Aether" and has been described as deeply involved in day-to-day operations, functioning as "the company's housekeeper" . In a 2025 Tsinghua campus talk hosted by ZhenFund, she appeared alongside founder Yang Zhilin as a public face of the company . Her trajectory marks one of the more contested investor-to-founder transitions in China's AI funding boom.
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Coverage
I'm off to a portfolio company, bye.
We all have a bright future ahead of us.
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A stroke of genius.
elsewhere别处发生·"Undercover" at Moonshot AI: 100 Hours
Taste is all you need
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At a technological inflection point, you have to throw yourself in to seize the era's opportunities.
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The magic only happens when you give intelligence back to the model.
真格基金·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.
真格基金·Exclusive | Kimi Arbitration Settlement Fails, Zhang Yutong May Face Separate Lawsuit
The AI landscape has already shifted.
暗涌Waves·Exclusive | On the Kimi Case, Allen Zhu Spoke With Us for 20,000 Words Straight
On gain and loss.
暗涌Waves·Exclusive | The Full Untold Story Beneath the Surface of "Kimi Yang Zhilin Arbitration Case"
Who saw the sixpence, and who saw the moon.
暗涌Waves·Exclusive | Kimi Founder Yang Zhilin Faces Arbitration Filed by Former Investors
Another scandal at a high-profile AI company.
暗涌Waves·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.
暗涌Waves·China's LLM Funding War: The Quick Death of Romance
Do the investors regret it?
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