Caixin
Mar 21, 2023 07:46 PM
BUSINESS

Former Google China Chief Joins ChatGPT Mania With New AI Venture

Kai-Fu Lee founded tech-focused Sinovation Ventures in 2009 after departing as president of Google China.
Kai-Fu Lee founded tech-focused Sinovation Ventures in 2009 after departing as president of Google China.

Google China’s former chief Kai-Fu Lee is poised to sop up talent from China’s recent tech layoffs for a new artificial intelligence (AI) startup that will build apps and a platform in the vein of Microsoft-backed chatbot ChatGPT.

Lee dubbed the startup Project AI 2.0 in a post on his WeChat account on Sunday. It will be the seventh company incubated by his Beijing-based early-stage venture capital firm Sinovation Ventures.

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