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Megvii founder named chairman of Chinese carmaker
A co-founder of Chinese AI company Megvii has been appointed chairman of a local carmaker, as the Alibaba-backed firm strengthens its ties with industrial markets, according to corporate filings.
Yin Qi, co-founder and CEO of Chinese AI company Megvii, has taken on the role of chairman at Lifan Technology Group.
His appointment follows the acquisition of a 19.91% stake in the Shanghai-listed carmaker.
In July, Megvii partnered with Geely and the Chongqing Liangjiang New Area.
Recent Megvii developments
| Timeline |
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15-Mar-2021 🤖 Alibaba-backed Chinese AI firm Megvii to go public in Shanghai
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07-Jan-2020 📈 Chinese AI unicorn Megvii cleared for $500m Hong Kong IPO
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15-Oct-2019 🚫 Megvii says US ban to hit server supply, disturb IPO, but it’s ready to fight
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26-Aug-2019 🚀 In brief: Alibaba-backed AI firm Megvii files for $500m Hong Kong IPO, sources say
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29-May-2019 🔍 Chinese AI firm Megvii braces for possible US blacklist
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