Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation (The Information)

Techmeme ·

Junyang Lin’s new AI lab raised several hundred million dollars, signaling major backing for a Qwen-linked frontier-model effort.

Categories: Money & Moves

Excerpt

<p><a href="https://www.techmeme.com/260617/p8#a260617p8" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.theinformation.com/">The Information</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/briefings/exclusive-tencent-backs-former-alibaba-researchers-new-ai-lab">Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation</a></b></span>&nbsp; &mdash;&nbsp; Tencent Holdings has backed a new AI lab founded by Junyang Lin, former lead researcher of Alibaba Group's Qwen models &hellip; </p>