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Victor Ai

From Wikipedia, the free encyclopedia
Victor Ai
Born1983[1]
Alma materSimon Fraser University
Washington University in St. Louis
OccupationsBusinessman, investor
TitleCEO of Terminus Group

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]

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

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Ai 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

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  1. 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.
  2. Jing Yang (November 14, 2019). "No More Easy Profits as China's Venture-Capital Boom Fizzles". The Wall Street Journal.{{cite web}}: CS1 maint: deprecated archival service (link)
  3. Jing Yang (December 18, 2019). "China's VC Industry Enters the Era of Slow Money". The Wall Street Journal.{{cite web}}: CS1 maint: deprecated archival service (link)
  4. "Everbright's Ai Yu: China to Become World's Largest Movie Market". AGI. September 4, 2016. Archived from the original on April 27, 2024.
  5. 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.
  6. "How Smart Cities and Homes Will Take China Into the Future". Fortune. November 8, 2019.{{cite web}}: CS1 maint: deprecated archival service (link)
  7. Gulf News Staff. "Terminus Group inaugurates MENA headquarters in Dubai". Gulf News. September 24, 2021. Archived from the original on January 16, 2024.
  8. "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)
  9. 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.
  10. 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.
  11. "Inside AI (Aug 27th, 2018)". Inside.com. South China Morning Post. August 27, 2018.{{cite web}}: CS1 maint: deprecated archival service (link)
  12. Evelyn Cheng (April 18, 2019). "China's sliding auto sales may be obscuring a change in buyers' tastes". Yahoo News. CNBC.{{cite web}}: CS1 maint: deprecated archival service (link)
  13. Carmela Mendoza (October 18, 2018). "China Everbright bets on AI with Investcorp-backed fund". Private Equity International.{{cite web}}: CS1 maint: deprecated archival service (link)
  14. "The List of China's Digital Transformation Pioneers Officially Announced". Harvard Business Review. November 22, 2019.{{cite web}}: CS1 maint: deprecated archival service (link)
  15. Forbes China (January 6, 2020). "Neil Shen Tops 2019 Forbes China Midas List". Forbes.{{cite web}}: CS1 maint: deprecated archival service (link)
  16. Forbes China (December 30, 2019). "Entrepreneurship in IoT is no longer a blue ocean". Forbes.{{cite web}}: CS1 maint: deprecated archival service (link)
  17. 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.{{cite web}}: CS1 maint: deprecated archival service (link)
  18. Dean Takahashi (February 22, 2019). "Nreal raises $16 million for lightweight mixed reality glasses". VentureBeat. Archived from the original on January 11, 2024.
  19. Zhengzheng Liu (July 5, 2021). "A New Round of Technological and Industrial Revolution Is Booming". Harvard Business Review.{{cite web}}: CS1 maint: deprecated archival service (link)
  20. Annabelle Liang (August 27, 2020). "Former JP Morgan banker outlines $1.4bn 'smart economy' strategy". Citywire.{{cite web}}: CS1 maint: deprecated archival service (link)
  21. "Victor Ai Biography". www.allamericanspeakers.com.{{cite web}}: CS1 maint: deprecated archival service (link)
  22. "China puts brakes on $150b micro-lending boom". FinanceAsia. November 21, 2017.{{cite web}}: CS1 maint: deprecated archival service (link)
  23. "Fortune Global Tech Forum 2019 Concludes". Fortune. November 19, 2023.{{cite web}}: CS1 maint: deprecated archival service (link)
  24. "Speakers | Fortune Conferences". Fortune. November 7, 2019.{{cite web}}: CS1 maint: deprecated archival service (link)
  25. "Harvard Business Review Annual China Conference Held in Beijing". Harvard Business Review. November 4, 2021.{{cite web}}: CS1 maint: deprecated archival service (link)