Video generation new company! Cao Yue, winner of the Maar Prize and Tsinghua Special Prize, started a business, and the 'Queen of Venture Capital' bet on it

After Dark Side of the Moon, Xu Xin, the “Queen of Venture Capital” with a vicious vision, invested in another AIGC startup company. Recently, rumors that Capital Today has laid off its primary market team have attracted attention in the industry. On the evening of July 10, Xu Xin, president of Capital Today Group, personally refuted the rumors in WeChat Moments and revealed an investment news: In May 2024, Capital Today led the early financing round of SandAI. According to IT Orange data, Beijing SandAI was founded in 2023 and is an AI startup company that aims to "do influential things in the world." Currently, SandAI mainly focuses on video generation technology similar to OpenAI Sora, providing users with efficient and convenient video generation services. The company’s founder and CEO, Cao Yue, was the co-founder of “Light Years Away” founded by Wang Huiwen. L Cao Yue's report on Valse (the picture comes from the public account of Zhiyuan Research Institute) Cao Yue's resume, the star is shining. He joined Zhiyuan Research Institute in 2022 and focused on basic vision model research. Before joining, I had already made a name for myself in academia. 1. In 2021, Cao Yue won the ICCV Best Paper Award - Marr Prize, and was also the winner of the Tsinghua University Special Scholarship. 2. While studying for a PhD at the School of Software, Tsinghua University, Cao Yue’s research direction was machine learning and computer vision. After receiving his Ph.D. in 2019, he joined Microsoft Research Asia. During this period, his representative works include Swin Transformer (winner of the ICCV Marr Award), GCNet, VL-BERT, and DAN. 3. Cao Yue "has published more than 30 papers in top international conferences and journals such as CVPR, ICCV, ICLR, ICML, and NeurIPS. Among them, four papers were selected into PaperDigest's most influential paper list and Google Scholar citations exceeded 40,000 times. "Currently, his main research directions include basic models, self-supervised learning and multi-modal learning," Zhiyuan Research Institute wrote in its welcome introduction two years ago. This time, Capital Today’s acquisition of Cao Yue’s new company is not surprising. 4. Xu Xin, as the founder of Capital Today, is known for his excellent investment vision in the consumer field. His investment portfolio includes top unicorn companies such as Meituan, and Meituan is also closely related to Wang Xing, Wang Huiwen, etc. important shareholder. 5. In recent years, Capital Today has extended its reach into high-tech fields, especially artificial intelligence-related projects. In addition to investing in robots, autonomous driving, etc., now we are also riding the fast train of large models. 6. In February 2023, Capital Today was light years away. At that time, Wang Huiwen said that he was willing to build "China's OpenAI", which also attracted Cao Yue to join. 7. In May 2023, Capital Today invested in Dark Side of the Moon as a first-round investor. In August, it injected capital into Zhipu AI. In July 2024, Capital Today completed its second round of investment in Dark Side of the Moon. We'll also be waiting to see how this emerging company fares in the video generation space.

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