Lin Junyang AI Lab Closes Round at $2B Valuation

Lin Junyang, former head of Alibaba's Qwen team, closed a first financing round at a $2 billion post-investment valuation. Gao Rong Venture Capital and Sequoia China each contributed $100 million, with Tencent adding $20 million. The lab targets world models and embodied intelligence, not general LLM development.

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