Former Alibaba Star Researcher Starts New AI Lab, Seeks $2 Billion Valuation
Junyang Lin, former lead Qwen researcher at Alibaba, is raising hundreds of millions for a new AI lab targeting a $2B valuation, with Gaorong Ventures and HongShan in talks.
Excerpt
<p>Junyang Lin, former lead researcher of Alibaba’s Qwen models who left the firm earlier this year, is seeking to raise several hundred million dollars for his new AI lab, The Information <a href="https://www.theinformation.com/articles/former-alibaba-star-researcher-starts-new-ai-lab-seeks-2-billion-valuation?rc=jnr9wn">reported</a>.</p> <p>Lin’s new AI lab will likely be valued at around $2 billion after the funding round, though the ...</p>
Read at source: https://www.theinformation.com/briefings/former-alibaba-star-researcher-starts-new-ai-lab-seeks-2-billion-valuation