China's tech elite lead AI startup frenzy

Homegrown talent branching into artificial intelligence sector

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

Caixin staff writers

Artificial intelligence ventures in China have typically been started by academics or experts working for foreign companies. But the furor this year around OpenAI's ChatGPT has inspired a new breed of AI entrepreneur: the elite of China's tech giants.

After spending years testing and developing AI at Chinese companies, heavyweights such as Jia Yangqing, a former vice president at Alibaba Group Holding, are branching out on their own.

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