Victor Ai[2] (Chinese: 艾渝[3]; born 1983), also known as Ai Yu,[4] is a Chinese businessman and investor.[5] He is the founder[6] and CEO of Terminus Group.[7][8] He launched the AI City project, named Cloud Valley, which is controlled by artificial intelligence.[9][10]
Victor Ai | |
|---|---|
| Born | 1983[1] |
| Nationality | Chinese |
| Alma mater | Simon Fraser University Washington University in St. Louis |
| Occupation(s) | Businessman, investor |
| Title | CEO of Terminus Group |
Prior to founding Terminus, Ai was head of Everbright's New Economy Fund,[11][12] where he served as its partner.[13] He worked for more than 10 years in the field of new economy investments.[14] He led investments into start-ups including NetEase Cloud Music,[15] SenseTime, Meituan-Dianping, Xpeng,[16] NIO, iQiyi,[17] and Nreal.[18]
Earlier in his career, Ai worked in the mergers and acquisitions department of global investment banking at JPMorgan Chase,[19] where he was an investment banker.[20]
Education and career
editAi earned a Bachelor of Arts in Economics from Simon Fraser University and a Master of Science degree in Finance from Washington University in St. Louis.[21]
In 2015, Ai founded Terminus. In June 2016, Everbright and IDG Capital jointly set up Everbright-IDG Industrial Fund, where he worked as its managing partner.[22]
In November 2019, Ai attended the Fortune Global Tech Forum,[23] where he was one of the speakers.[24] In November 2021, he took part in the China Annual Conference of the Harvard Business Review.[25]
References
edit- ^ Staff Reporter. "Ai Yu joins Ying Li International Real Estate as director". Singapore Business Review. September 25, 2014. Archived from the original on January 3, 2024.
- ^ Jing Yang (November 14, 2019). "No More Easy Profits as China's Venture-Capital Boom Fizzles". The Wall Street Journal. Archived from the original on December 31, 2019.
- ^ Jing Yang (December 18, 2019). "China's VC Industry Enters the Era of Slow Money". The Wall Street Journal. Archived from the original on 2024-01-03.
- ^ "Everbright's Ai Yu: China to Become World's Largest Movie Market". AGI. September 4, 2016. Archived from the original on April 27, 2024.
- ^ Max Parasol (2021). AI Development and the 'Fuzzy Logic' of Chinese Cyber Security and Data Laws. Cambridge University Press. p. 31. ISBN 978-1-316-51336-1.
- ^ "How Smart Cities and Homes Will Take China Into the Future". Fortune. November 8, 2019. Archived from the original on November 17, 2023.
- ^ Gulf News Staff. "Terminus Group inaugurates MENA headquarters in Dubai". Gulf News. September 24, 2021. Archived from the original on January 16, 2024.
- ^ "Chinese IoT Company Terminus Opens Int'l HQ in UAE". Agence France-Presse. February 29, 2024. Archived from the original on April 27, 2024. Retrieved June 8, 2024.
{{cite web}}: CS1 maint: bot: original URL status unknown (link) - ^ Luca Zorloni (September 25, 2014). "One Chinese Startup Wants to Build a Smart City Managed by Artificial Intelligence". Wired. Archived from the original on January 3, 2024.
- ^ Umberto Bacchi (December 3, 2020). "'I know your favourite drink': Chinese smart city to put AI in charge". Reuters. Archived from the original on November 23, 2023.
- ^ "Inside AI (Aug 27th, 2018)". Inside.com. South China Morning Post. August 27, 2018. Archived from the original on 2024-04-27.
- ^ Evelyn Cheng (April 18, 2019). "China's sliding auto sales may be obscuring a change in buyers' tastes". Yahoo News. CNBC. Archived from the original on 2024-01-17.
- ^ Carmela Mendoza (October 18, 2018). "China Everbright bets on AI with Investcorp-backed fund". Private Equity International. Archived from the original on 2018-10-18.
- ^ "The List of China's Digital Transformation Pioneers Officially Announced". Harvard Business Review. November 22, 2019. Archived from the original on 2023-11-22.
- ^ Forbes China (January 6, 2020). "Neil Shen Tops 2019 Forbes China Midas List". Forbes. Archived from the original on 2024-04-27.
- ^ Forbes China (December 30, 2019). "Entrepreneurship in IoT is no longer a blue ocean". Forbes. Archived from the original on 2024-04-27.
- ^ Sarah Dai (August 27, 2018). "Investor warns of day of reckoning for 90 per cent of Chinese AI start-ups as funding dries up". South China Morning Post. Archived from the original on 2024-01-03.
- ^ Dean Takahashi (February 22, 2019). "Nreal raises $16 million for lightweight mixed reality glasses". VentureBeat. Archived from the original on January 11, 2024.
- ^ Zhengzheng Liu (July 5, 2021). "A New Round of Technological and Industrial Revolution Is Booming". Harvard Business Review. Archived from the original on 2023-11-19.
- ^ Annabelle Liang (August 27, 2020). "Former JP Morgan banker outlines $1.4bn 'smart economy' strategy". Citywire. Archived from the original on 2023-12-01.
- ^ "Victor Ai Biography". www.allamericanspeakers.com. Archived from the original on January 3, 2024.
- ^ "China puts brakes on $150b micro-lending boom". FinanceAsia. November 21, 2017. Archived from the original on January 17, 2024.
- ^ "Fortune Global Tech Forum 2019 Concludes". Fortune. November 19, 2023. Archived from the original on 2024-04-27.
- ^ "Speakers | Fortune Conferences". Fortune. November 7, 2019. Archived from the original on 2024-01-17.
- ^ "Harvard Business Review Annual China Conference Held in Beijing". Harvard Business Review. November 4, 2021. Archived from the original on 2023-11-22.