Leonis in the News

boardiq.com

March 24, 2026

Stuck Seats: 2025’s Slow Boardroom Refresh

business.nikkei.com

February 24, 2026

The turning point for SaaS: Impact across 4 sectors, as predicted 3 years ago by a former OpenAI investor.

Japan's Nikkei Business interviews Jay Zhao and Jenny Xiao on the structural forces behind the SaaSapocalypse.

forbes.com

January 1, 2025

Jenny Xiao — Forbes 30 Under 30

Forbes profiles Leonis Capital Partner Jenny Xiao on her path from OpenAI researcher to venture capitalist, and her distinctive approach to AI investing.

CNBC.COM

April 15, 2025

Still ‘pretty optimistic’ about AI open source collaboration

Leonis Capital shares its measured optimism on AI progress and open-source collaboration.

CNBC.COM

August 29, 2025

AI sector at this stage is like a ‘house of cards’ stacked with profitability issues: Leonis Capital

Jay Zhao on why the current AI sector shows signs of structural fragility — and what that means for investors.

businessinsider.com

January 29, 2026

The questions Leonis Capital investors ask to see if a startup's tech actually holds up

Leonis Capital's Jenny Xiao and Jay Zhao share the five questions they ask AI startup founders to assess technical defensibility.

CNBC.COM

February 6, 2026

Are we in a 'SaaSapocalypse'? Tech VC explains AI's disruption of software

Jay Zhao weighs in on the tech rout led by a selloff in software stocks.

youtube.com

January 19, 2026

Former OpenAI Researcher Answers All Questions: OpenAI, jobs that will never disappear, AI bubble, Japan's chances in the US-China AI competition

Leonis Capital's Jenny Xiao interviewed by Business Insider Japan.

youtube.com

January 19, 2026

OpenAI Researcher turned VC on what we’re missing on the AI bubble

Jenny Xiao appears on Fortune's first AI podcast episode.

businessinsider.com

January 17, 2026

An OpenAI researcher turned venture capitalist says investors are 3 to 5 years behind the latest AI studies

And how Leonis is set out to bridge this gap.

FORTUNE.COM

December 10, 2025

Leonis Joins 5 VCs to Sound Off on the AI Question at Fortune Brainstorm AI

Leonis Capital's Jenny Xiao participates in Fortune's emerging manager panel.

businessinsider.com

November 5, 2025

Leonis AI 100: PhDs are the New MBAs for Founders in the AI Era

AI startups are now led by younger, more technical founders—often PhDs—marking a shift from MBA-style builders to research-driven innovators backed early by top VCs.

finance.yahoo.com

September 16, 2025

Leonis Capital Closes $25M Fund II to Back AI Builders

Backing early-stage AI builders, supported by AI leaders and institutions, after Fund I ranked top 1%.

bloomberg.com

August 12, 2025

Ex-OpenAI Researcher Raises Fund to Back Emerging Talent

Leonis Capital has secured $25 million for a new fund to help uncover the next OpenAI.

fortune.com

January 28, 2025

The Lessons and Laments of DeepSeek, According to VCs

Fortune interviews Leonis Partner Jenny Xiao on the lessons from DeepSeek's success.

cnbc.com

January 27, 2025

More Complex, Power-Consuming AI Models Will Still ‘Coexist’ with Other Models

CNBC interviews Leonis Partner Jay Zhao on the evolution of the AI model space.

fortune.com

June 3, 2024

Leonis Partner Jenny Xiao to Speak at Fortune Brainstorm Tech 2024

Fortune magazine's top tech conference bringing together the world's top business leaders, policymakers, and experts.

genaisummit.ai

March 30, 2024

Leonis Partners Jay Zhao and Jenny Xiao to Speak at the GenAl Summit

Pitching Your Startup: The Brutal Truth About What VCs Want in Al-First Companies

nature.com

May 3, 2024

Nature Interviews Leonis Capital on the Future of GenAl Chips

Our views on the global race for cutting-edge GPUs.

cnbc.com

March 31, 2024

CNBC Interviews Leonis Partner Jenny Xiao on the Global LLM Race

Whether China can catch up with its own OpenAl.

nytimes.com

February 21, 2024

NYT Interviews Leonis Capital on the End Uses of Open-Source LLMs

How open-source LLMs from the West are fueling China's Al development.

wsj.com

June 10, 2023

WSJ Interviews Leonis Partner Jenny Xiao on Interview Collaboration over Al Safety

Why the U.S.and China should work together on Al safety.

cnbcmediahub.com

June 6, 2023

CNBC Interviews Leonis Partner Jay Zhao on the State of Al

Our take on what's happening in Silicon Valley.

legrandcontinent.eu

June 9, 2023

Le Grand Continent Publishes Leonis' Views on Europe's Generative AI (in French)

What Europe should do in the global AI competition.

foreignaffairs.com

June 2, 2023

Leonis Partner Jenny Xiao Co-Authors Opinion Piece with OpenAI Board Member

Why the U.S. should not use China as an excuse to push back against AI governance.

governance.ai

April 28, 2023

Leonis Technical Survey on LLMs Published by GovAI

We looked at 26 LLMs developed in China.

Leonis in the News

Leonis in the News