Wang Xing will personally participate in Wang Huiwen" Light years away" Round A investment and director

On March 8, Wang Xing, the founder of Meituan, said in a circle of friends that Wang Xing would personally participate in the A-round investment of Wang Huiwen’s start-up company “beyond light years” and serve as a director. Wang Xing said in his circle of friends, “The AI model makes me both excited about the huge productivity that will be created and worried about its impact on the whole world in the future. Lao Wang and I have been on the road of entrepreneurship for nearly 20 years. Since he is determined to embrace this big wave, I must support it.” According to public reports, Wang Huiwen announced the establishment of Beijing Guangnian Beyond Technology Co., Ltd. in February this year, with a contribution of 50 million dollars and a valuation of 200 million dollars, Own funds account for 25% of the shares. Wang Huiwen once said on the social platform that “China OpenAI should be built”.

Interpretation of this information:

Meituan founder Wang Xing announced that he will personally participate in the A-round investment of Wang Huiwen’s “Beyond Light Years” start-up and will serve as a director. The announcement was made on March 8, and Wang Xing mentioned that the AI model is something that makes him excited about the productivity that it can create, but also worried about its impact on the world. However, as someone who has been on the road of entrepreneurship with Wang Huiwen for 20 years, Wang Xing will support his friend’s embrace of the AI wave.

Wang Huiwen’s company, Beijing Guangnian Beyond Technology Co., Ltd, was established in February with a contribution of $50 million and valued at $200 million. Wang Huiwen himself owns 25% of the shares. He has expressed his desire to build “China OpenAI,” which could be the focus of the new company.

The three keywords that summarize this message are:

1. AI – The AI model is something that excites Wang Xing about its potential for huge productivity, but also worries him about its impact on the world. Wang Huiwen wants to build “China OpenAI,” which could be the focus of his new company.

2. Entrepreneurs – Wang Xing and Wang Huiwen have been on the road of entrepreneurship for nearly 20 years. Their dedication to innovation and creating new businesses has led them to support each other, even in their current endeavors.

3. Investment – Wang Xing personally participating in the A-round investment of Wang Huiwen’s start-up shows his commitment to supporting new businesses and entrepreneurs. The massive contribution of $50 million and a valuation of $200 million for Wang Huiwen’s new company indicates potential for significant growth and development in the future.