Cloud Start Capital's Chen Yu: The development of artificial intelligence is still in its early stages and some investments may be overvalued.

The 5th BEYOND International Technology Innovation Expo was held from May 21st to 24th. During the conference, Yunqi Capital partner Chen Yu discussed the development of the robotics industry. Chen Yu mentioned that there is a significant increase in investment in the robotics field, and valuations may be inflated. However, Chen Yu emphasized, "Looking back at the history of technological development, every round of technological innovation is accompanied by investment bubbles. It is these bubbles that provide necessary funding support for startups, ultimately nurturing industry-leading companies. Whether it is autonomous driving or the development of large models, they all follow this rule, and the robotics industry will be the same." At the same time, Chen Yu stated that in this round of investments, it is expected that 60%-70% of investors will face losses.