Meituan buys founder’s months-old ‘OpenAI for China’ for $234M

19:37 29.06.2023
One of China’s most highly anticipated artificial intelligence startups is undergoing a significant change of direction. Light Year, which was founded merely four months ago by Wang Huiwen, a co-founder of Meituan, with the ambition of becoming the “OpenAI for China”, is getting bought out. In a filing released on Thursday, Meituan announced that it […] Meituan buys founder’s months-old ‘OpenAI for China’ for $234M by Rita Liao originally published on TechCrunch...
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