To date, Sinovation Ventures' total asset under management with its dual currency reaches US$2 billion and has invested over 300 portfolios primarily in China.
In his 2018 book AI Superpowers: China, Silicon Valley, and the New World Order, Lee describes how China is rapidly moving forward to become the global leader in AI, and may well surpass the United States, because of China's demographics and its amassing of huge data sets.
Lee developed a speaker-independent, continuous speech recognition system as his Ph.D. thesis at Carnegie Mellon University. He later worked as an executive, first at Apple, then SGI, Microsoft, and Google.