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Yili Hua announces the establishment of the AI Fund OpenX Labs
ME News message, April 8 (UTC+8), Liquid Capital (formerly LD Capital) founder Yi Lihua announced the establishment of the AI fund OpenX Labs, focusing on investing in and collaborating with AI projects. Yi Lihua said, “I used to think that first-tier investment opportunities were gone. Now I’m correcting that belief— the golden age of first-tier investments is here. The AI era has given top founders a huge opportunity. With just a few people, you can take the place of a thousand troops; you don’t need to manage, recruit, handle payroll, or find customers—those tedious things. As long as you have ideas and strategy, in the AI era, startups and all mid-sized companies are on the same starting line. I hope that the time spent on first-tier investment allocation going forward can be used to learn together with outstanding AI founders. For excellent AI projects, I’m willing to provide help without compensation—feel free to contact me at any time. AI has also given me a chance and motivation for a second startup.” (Source: ChainCatcher)