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How a decade-long bet on photonics handed this Chinese venture capital firm an AI windfall

South China Morning Post 31 May 2026 5h ago
How a decade-long bet on photonics handed this Chinese venture capital firm an AI windfall
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As artificial intelligence strains the physical limits of existing data centres, scientists and investors are turning to the ultimate speed limit of the universe for the next computing frontier: light. For Mi Lei, founder of CAS Star, a venture capital firm born out of the state-run Chinese Academy of Sciences (CAS), the sudden global fascination with photonics is less a surprise than a delayed va
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