January 27 news, according to whiplash reported today, GSR Ventures Zhu Xiaohu in the circle of friends, said "DeepSeek is the victory of technology idealists". 1AI attached the full text as follows: 1) the victory of technical idealists, the most difficult is the simplest. Focus on technology and innovation is far better than putting in to buy traffic and PR; 2) the industry technology iteration cycle is much faster than the return cycle of capital expenditure, the previous heavy capital investment has not yet achieved a full return, it has become obsolete, the need to accelerate depreciation and amortization, the entire LLM industry needs to reshape the valuation system; 3) to the private sector to grow in the cracks ...

December 6 evening news, after GSR Ventures partner Zhu Xiaohu posted an article blasting former GSR Ventures Managing Partner Zhang Yutong and Dark Side of the Moon, Dark Side of the Moon Kimi Founder and CEO Yang Zhilin responded today, saying, "Leaving the former company to restart a new business was approved by the signature of every director and all the necessary procedures. Grateful to all Circular Intelligence investors and Dark Side of the Moon investors for supporting early stage entrepreneurial dreams, I believe there will be a reasonable resolution to the differences." In full: there's been some discussion lately around what happened between me and Circular Intelligence early stage investors, and I wanted to put some facts and thoughts from my perspective...