March 27 to 28, 2024The Fortune Innovation Forum inSuccessfully held in Hong Kong, China. Wen Shuhao, co-founder and chairman of XtalPi, was invited to attend and participated as a roundtable guest on the morning of the first day.“Unlocking Asia's AI Potential（Unleashing Asia's AI Potential" Thematic Roundtable Discussion。
XtalPi Co-founder and Chairman Shuhao Wen (right)
With CBS famous host Jo Ling Kent (left),
Google Asia-Pacific President Bo Shi (second from left) and other guests engage in a roundtable discussion.
Artificial Intelligence Has Become a Global Topic. According to Fortune, Asia has more than half of the world's internet users, and it is expected that by 2027, AI investment in the Asia-Pacific region will reach $78.4 billion. During the session "Unlocking AI Potential in Asia," Scott Beaumont, President of Google Asia Pacific; Jinli Zhu, Founding Partner of IN Capital; Curtis Kim, CEO of Kakao Brain; and Shuhao Wen, Co-founder and Chairman of XtalPi, discussed how to integrate artificial intelligence into businesses to generate tangible commercial outcomes. They also emphasized the enormous potential of the Asian market in the development of the AI industry.When talking about the company's progress, Wen Shuhao introduced that, at the start of their entrepreneurial journey, XtalPi aimed to become “Search Engine for Microscopic Material Structures” With the goal in mind, XtalPi has built a quantum physics + AI algorithm platform, successfully securing investment and technical cooperation from Google in 2018. Now appearing alongside Google once again, XtalPi has grown into a representative and leading enterprise in the AI drug discovery field on its path to achieving this goal. The company has also independently developed an automated chemical synthesis laboratory, deploying hundreds of chemical robot workstations globally. It has become a trusted source of innovation partner and enabling platform for international pharmaceutical companies such as Pfizer and Eli Lilly. XtalPi continues to expand its commercial footprint in petrochemicals, new energy, bio-based new materials, and other fields. Driven by its business needs, the company keeps enhancing the performance and precision of its predictive algorithms and chemical robots, accelerating fundamental research innovation and the transformation of scientific research achievements.Regarding the value of AI in vertical fields, Wen Shuhao stated: In the future, artificial intelligence and robotics technology will become infrastructure as essential as "water" and "electricity" in areas such as new drug development and new materials, comprehensively empowering innovation research and the digital and intelligent upgrading of "future industries," further unleashing the productivity and creativity of human scientists. Companies that can fully leverage China's supply chain advantages to conduct global business are better positioned to seize opportunities for accelerated growth. XtalPi, rooted in the Greater Bay Area with a strategic focus on development plans in Hong Kong, is fully tapping into this potential.The Regional Synergistic Advantages of Shenzhen-Hong Kong Cooperation, CurrentlyHas signed multiple scientific research and business cooperation agreements with universities and enterprises in Hong Kong.Talking about the advantages of Hong Kong's innovation and technology development,Wen Shuhao believes that Hong Kong has top-tier research institutions and advanced projects, along with science and technology innovation incentive policies. Hong Kong's tax system is highly attractive to high-level talents, and its clinical data is recognized by regulatory authorities in multiple countries. As an international financial center, Hong Kong, supported by the industrial backing of the Guangdong-Hong Kong-Macao Greater Bay Area, gathers...Gathering global capital will become an important platform and bridge for future Chinese enterprises to expand overseas and for foreign capital to participate in local innovation distribution.
XtalPi Co-Founder and Chairman Shuhaotemperature
This event brought together more than 60 political, business leaders, and academic experts, including Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, Nicole Chen, CEO of Hong Kong Exchanges and Clearing Limited, Lawrence H. Summers, former U.S. Treasury Secretary and Honorary President of Harvard University, Kai-Fu Lee, Chairman and CEO of Sinovation Ventures and CEO of 01.AI, etc. ForumThe topics are extensive, covering multiple fields such as macroeconomics, financial investment, artificial intelligence, electric vehicles, and biotechnology, aiming to provide participants with a platform for in-depth exchange and intellectual collision.Jointly explore the new driving forces shaping the global economic landscape.
