Flash News

Former Meta's chief AI scientist, Yang Liqun, officially ended up with VC

On 6 August, the former chief AI scientist Yann Le Cun and former joint technical director of Gemini, Oriol Vinyals, joined the newly established AI Wind Investment Agency 224 Ventures. The Fund currently manages assets of over $100 million and is operated by Shaun Johnson, a former founder of AIX Ventures. 224. The main investments were made by AI Corporation, which is directed at AI applications, robotics, infrastructure and modelling technologies. Single investments of between $1 million and $5 million were valued by the target company at less than $100 million, and the fund was usually followed by investments and not responsible for taking over. 224 The target size of the core early fund under the flag is $81 million, and over $30 million has been raised. The existing management assets also include funds previously channelled to long-term AI through dedicated investment vehicles. When core fund mobilization is completed, 224 is expected to be at least $150 million in overall management. Yang Liquon will continue to be dominated by AMI Labs, and Vinyals has also established the AI company Discovery Loop. Yang Liquon and Vinyals are involved in project search, assessment techniques and voting decisions, and Johnson is responsible for the day-to-day operation of the Fund. The majority of the fund's donors are also from the AI industry, including researchers, technology company executives and entrepreneurs。

OKX - Unlock Rewards