The result, he argued, is a self-fulfilling trap: “If the tech oligarchs continue in their mindset overall of downscaling government, that will impair the ability of government to facilitate the AI transition. And you know, that’s the central boundary that we’re facing—that they are creating the conditions that make it impossible for a successful AI transition.”
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Zheng Xuanle, Founder and CEO of Light Source Capital and Founding Partner of the L2F Light Source Founder Fund, said: “The L2F Light Source Founder Fund has been truly honored to make a decisive investment in Nuoyin from Day 1, and to keep doubling down with conviction through the three consecutive rounds it completed in less than half a year. We strongly identify with—and are highly optimistic about—founder Li Yinchuan’s deep, cutting-edge foundation in embodied intelligence and AIGA, as well as the world-class engineering execution and full-stack vertical integration demonstrated by core members from leading global tech-hardware companies.”
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