Report: Tencent invests $20 million to take stake in AI lab of Lin Junyang, former head of Alibaba Tongyi Qianwen large model
This round of financing was led by Gaorong Capital and Sequoia China, each investing 100 million US dollars. A person familiar with the matter also revealed that shortly after completing this round, Lin Junyang is already seeking to launch a new round of financing.
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