Ex-JPMorgan executive, Hong Kong entrepreneurs launch GenAI-powered logistics platform

Founded in March 2024, the company is seeking to solve some common problems in the industry, including insufficient land, labour shortages and inefficient management using its intelligent technology. Its goal is to provide flexible, cost-effective and scalable inventory storage solutions.

The start-up’s vision of using GenAI and LLMs to transform the logistics sector has been embraced by the market, according to co-founder Houston Huang, the former CEO of JPMorgan’s securities business in China.

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‘Flying Wolf’, China’s first AI-powered 3D automatic sorting system

‘Flying Wolf’, China’s first AI-powered 3D automatic sorting system

“The logistics market’s scale and fragmentation present limitless opportunities,” Huang said. “Our ambitions extend beyond the domestic market, we are also looking internationally.”

“I firmly believe that NEXX will revolutionise the industry, just like electric vehicle maker Tesla revolutionised the auto industry.”