Shunwei’s Meng Xing Says Chinese AI Startups Need Niche Products To Survive And Thrive

To say that Meng Xing, V.P. and entrepreneur-in-residence at Chinese venture firm Shunwei Capital, has been busy would be an gross understatement.

Over the past ten years, the 31-year-old venture capitalist and entrepreneur has founded two artificial intelligence (AI) start-ups, selling one, an image recognition AI company, to Amazon and the other to a listed Chinese company. In between, he worked as an investment banker at J.P. Morgan Hong Kong and casino giant Caesars Entertainment, on top of getting an MBA from the Sloan School of Management at MIT.

In March 2016, Meng joined Shunwei, a US$2 billion venture firm co-established by Chinese billionaire entrepreneur and Xiaomi Inc's founder Lei Jun. He has so far screened over 200 Chinese AI start-ups and led efforts to invest in nine AI companies during the ...

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