Machine Heart
Jun 16, 2026 · Industry Insights
Tencent Invests $20 M in Ex‑Alibaba AI Leader Lin Junyang’s New Lab, Valuing It at $2 B as He Seeks Next Round
Tencent has contributed $20 million to Lin Junyang’s newly founded AI Lab, bringing the post‑money valuation to roughly $2 billion, while the founder—formerly Alibaba’s youngest P10 technical executive and key figure behind the Qwen model series—already begins looking for a follow‑up funding round.
AI fundingAlibabaLin Junyang
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