Y u Kai is the founder, chairman, and CEO of Horizon Robotics, a leader in computing solutions for consumer vehicles. An accomplished AI scientist, he previously launched the autonomous driving project at Baidu before leaving to co-found Horizon Robotics in 2015. His vision was to create a company that integrates AI algorithms with hardware, providing the "brains" for smart vehicles. The company claims to be the largest provider of assisted driving systems in China by installation volume.
In October 2024, Yu led Horizon Robotics to a major IPO on the Hong Kong Stock Exchange, raising nearly $700 million in one of the year's largest listings. The company has attracted heavy-hitting investors such as Volkswagen, SAIC Motor, and Hillhouse Capital. Yu's work has been pivotal in advancing China's autonomous driving capabilities, securing partnerships with major automakers like BYD and Hyundai Motor.
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Yu Kai is a Chinese businessman and AI scientist, the chairman and CEO of Beijing-based Horizon Robotics (HKSE: 9993). The company develops both the software and hardware needed for self-driving cars.
An AI scientist, Yu started an autonomous driving project at Baidu before cofounding Horizon Robotics in 2015 with other former Baidu employees.
Yu Kai's career is defined by his pioneering work in autonomous driving technology. His structural achievement is tied to leading Horizon Robotics to develop comprehensive solutions (software and hardware) for self-driving cars, making it the largest Chinese provider of assisted and autonomous driving systems in the country by installation volume.
Horizon listed on the Hong Kong Stock Exchange in October 2024 in what was the bourse's largest IPO so far in the year, raising nearly $700 million. The company counts Volkswagen, Hyundai Motor and BYD as its customers.
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Started an autonomous driving project at Baidu.
Cofounded Horizon Robotics.
Horizon listed on the Hong Kong Stock Exchange.
Continues as Chairman and CEO.
Yu Kai's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded technology giant, Horizon Robotics.
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-1.6% | -$47.26M
-0.46% | -$8.12M
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