Meituan's Wang Xing will personally participate in the Series A investment of Wang Huiwen's startup "Beyond Light Years" and serve as a director

2023-03-08 16:49:34

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According to ChainCatcher news and a report by The Paper, Meituan founder Wang Xing stated in his WeChat Moments that he will personally participate in the Series A investment of Wang Huiwen's startup "Beyond Light Years" and will serve as a director.

Wang Xing said: "The AI large model excites me with the immense productivity that is about to be created, but also worries me about its future impact on the entire world. Lao Wang and I have been on the entrepreneurial journey together for nearly twenty years, and since he is determined to embrace this great wave, I must support him."

Previously, former Meituan co-founder Wang Huiwen invested $50 million to enter the artificial intelligence field, claiming to build China's OpenAI. His post revealed that he will establish Beijing Beyond Light Years Technology Co., Ltd., with an investment of $50 million and a valuation of $200 million. (source link)

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