This article only represents the author's own views.
The rapid rise of AI agents has made computing power infrastructure one of the hottest investment themes in capital markets lately. That tide is washing some names from China’s golden internet era back to center stage for encore performances.
One of those is none other than Yao Xin, founder of PPTV, which was once at the cutting edge of China’s online video revolution. Now, Yao has now returned for his encore with a Hong Kong IPO application for his similarly named PPLabs Technology Ltd. From his earliest days building a content delivery network two decades ago, to his latest foray integrating decentralized GPU resources to build an AI computing power network, Yao Xin has always focused on the infrastructure at the base of the internet world.