Chinese tech titan Meituan announced on June 25 that its co-founder Wang Huiwen has stepped down from his role as director due to “poor health.” Prior to this, Wang had transitioned from an executive director to a non-executive director at Meituan. In February of this year, Wang personally invested $50 million to establish Beijing Guangnianwai Technology Co., Ltd., a company focused on general artificial intelligence (AGI) development, with the vision of creating “China’s OpenAI.” Sources from Beijing Guangnianwai revealed that the 45-year-old leader had taken a leave of absence from work after being diagnosed with health issues. [36Kr, in Chinese]