Today, Wang Huiwen, the former co-founder of Meituan, announced in a post on the social media platform that she would enter the field of artificial intelligence and build China’s OpenAI.
According to the information revealed in the article, Wang Huiwen will set up Beijing Lightyear Beyond Technology Co., LTD., he personally invested $50 million, the company is valued at $200 million.
At the same time, Wang Huiwen said that he will not own the shares, the capital will hold 25% of the shares, 75% of the shares will be used to invite top research and development talents, the next round of financing has been subscribed by top VC $230 million.
In the article, he said that he wanted to hire research and development personnel, and that he wanted the candidates to be recognized as the top research and development talent in the industry, and believed that AI could change the world and benefit humanity.
Read Also: ChatGPT Is Fastest Growing Consumer Application In the Past 20 Years
It is reported that Wang Huiwen is the co-founder of Xiaonei (Renren), the founder of Laiguo Grid, the founder of Taofang.com and the co-founder and executive director of Meituan.
In 2011, Huiwen Wang joined Meituan as Vice President and officially retired on December 18, 2020.