Lates News

On August 12, Lin Junyang, the former Chief Technology Officer of Qianwen, announced the establishment of a new company called Yuyong Technology in Shanghai, focusing on the research of the next generation of intelligent agents that span the digital and physical worlds. He also revealed that Gaorong Capital and HSG (Sequoia China) jointly led this round of financing, with support from Tencent and the Shanghai Future Industry Fund. According to informed sources, this round of financing referred to by Lin Junyang is the angel round for Yuyong Technology, with a valuation of $2 billion. (Securities Times).