AI virtual boyfriends take China by storm, making Yao Runhao a billionaire

A dating simulation game in China, Love and Deepspace, has captivated millions by offering AI-powered virtual boyfriends who respond instantly, listen attentively, and never miss a call.

This unexpected trend has not only redefined digital companionship but also propelled its creator, Yao Runhao, into billionaire status.

Many women often express frustration over unresponsive or inattentive partners, but what if technology could solve these relationship woes?

While the concept may seem unfamiliar in some parts of the world, it has found a massive following in China, where AI-driven virtual partners have become a sought-after alternative.

According to Forbes, Alicia Wang, a 32-year-old editor in Shanghai, has found her ideal partner in Li Shen, a charming 27-year-old surgeon who never leaves her messages unanswered and patiently listens to her daily experiences. However, there's one catch. Li Shen isn’t real. He is one of five AI-generated male characters in Love and Deepspace, developed by Shanghai-based gaming company Paper Games.

Since its launch in January 2024, the smartphone game has amassed around six million monthly active users. Using advanced AI and voice recognition, the game personalises interactions, making virtual boyfriends appear more lifelike. The experience has become so immersive that many players, primarily from China but also from other countries like the US, willingly pay to unlock new interactions and deepen their connection with these AI partners.

Yao Runhao, the 37-year-old founder and CEO of Paper Games, has seen extraordinary financial success from this innovation. With a majority stake in the company, Yao's net worth is now estimated at $1.3 billion. Industry analysts estimate Paper Games’ valuation at over $2 billion, with the company generating approximately $850 million in global revenue.

The game’s popularity has skyrocketed, frequently topping download charts in China.