Victor Ai (; born 1983), also known as Ai Yu, is a Chinese

businessman A businessperson, also referred to as a businessman or businesswoman, is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial ...

and

investor An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of pr ...

. He is the founder and

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

of Terminus Group. He launched the AI City project, named Cloud Valley, which is controlled by

artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...

. Prior to founding Terminus, Ai was head of Everbright's New Economy Fund, where he served as its partner. He worked for more than 10 years in the field of new economy investments. He led investments into

start-up A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend ...

s including

NetEase Cloud Music NetEase Cloud Music () is a Chinese freemium music streaming service developed and owned by NetEase, Inc. The streaming service was launched to the public on 23 April 2013. In April 2017 it received its series A financing of 750 million CNY (US ...

SenseTime SenseTime is a partly state-owned publicly traded artificial intelligence company headquartered in Hong Kong. The company develops technologies including facial recognition, image recognition, object detection, optical character recognition, med ...

Meituan-Dianping Meituan ( zh, p=Měituán, c=美团, literally "beautiful group"; formerly Meituan–Dianping, literally "beautiful group–reviews") is a Chinese shopping platform for locally found consumer products and retail services including entertainment, ...

Xpeng Guangzhou Xiaopeng Motors Technology Co., Ltd., Trade name, trading as XPeng Motors ( zh, c=小鹏汽车, p=Xiǎopéng Qìchē), commonly known as XPeng, is a Chinese electric vehicle manufacturer. The company is headquartered in Guangzhou, Guan ...

NIO Nio or NIO may refer to: * NI Opera, Opera company * Nio (Buddhism), guardians of the Buddha * Nio Inc., a Chinese electric automobile manufacturer * Nicaraguan córdoba, currency by ISO 4217 currency code * National Institute of Oceanography (d ...

iQiyi iQIYI (, pronounced in English as ), formerly Qiyi (), is a Chinese subscription video on-demand over-the-top streaming service owned by Baidu. Headquartered in Beijing, iQIYI primarily produces and distributes films and television series. i ...

, and Nreal. Earlier in his career, Ai worked in the mergers and acquisitions department of global investment banking at

JPMorgan Chase JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational financial services, finance corporation headquartered in New York City and incorporated in Delaware. It is List of largest banks in the United States, the largest ba ...

, where he was an

investment banker Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by unde ...

Education and career

Ai earned a Bachelor of Arts in Economics from

Simon Fraser University Simon Fraser University (SFU) is a Public university, public research university in British Columbia, Canada. It maintains three campuses in Greater Vancouver, respectively located in Burnaby (main campus), Surrey, British Columbia, Surrey, and ...

and a Master of Science degree in Finance from

Washington University in St. Louis Washington University in St. Louis (WashU) is a private research university in St. Louis, Missouri, United States. Founded in 1853 by a group of civic leaders and named for George Washington, the university spans 355 acres across its Danforth ...

. In 2015, Ai founded Terminus. In June 2016, Everbright and

IDG Capital IDG Capital is an investment and asset management firm, headquartered in Beijing, that specializes in venture capital, private equity, and mergers & acquisitions. History The firm, founded in 1992, was an early investor of Baidu, Tencent, Xiaomi, ...

jointly set up Everbright-IDG Industrial Fund, where he worked as its managing partner. In November 2019, Ai attended the ''

Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fate * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (19 ...

'' Global Tech Forum, where he was one of the speakers. In November 2021, he took part in the China Annual Conference of the ''

Harvard Business Review ''Harvard Business Review'' (''HBR'') is a general management magazine published by Harvard Business Publishing, a not-for-profit, independent corporation that is an affiliate of Harvard Business School. ''HBR'' is published six times a year ...

''.

References

{{DEFAULTSORT:Ai, Victor Living people 1983 births Chinese investors Simon Fraser University alumni Washington University in St. Louis alumni JPMorgan Chase people