Ex-Alibaba AI lead raises $2B for new venture; Jia Yueting pivots to robotics

Former Alibaba LLM lead Lin Junyang has launched a new venture focused on world models and embodied AI, reportedly securing a $2 billion valuation and attracting interest from prominent VCs like Sequoia China. Meanwhile, Faraday Future founder Jia Yueting announced a strategic pivot from electric vehicles to robotics, focusing on humanoid and automotive robots, despite the company's struggles with car production. In other AI news, Tencent's Hy3 preview model continues to lead on OpenRouter for usage, and the company has released numerous Agent applications. AI

影响 New ventures in embodied AI and robotics signal continued investment and innovation in advanced AI applications.

排序理由 Startup funding and pivot announcement from notable figures in tech.

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• Alibaba Cloud
• Alibaba
• Citigroup
• Elon Musk
• Faraday Future
• Jia Yueting
• Qwen
• Samsung
• sildenafil
• Tencent
• TikTok
• Unitree Robotics
• Sequoia China
• Hy3 preview
• OpenRouter

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