The former technical director of Qianwen founded an AI company called Yuyun Technology, with an angel round financing valuation of 2 billion dollars

Qianwen's former technical director Lin Junyang announced the establishment of a new company, Pragmatic Technology, in Shanghai, focusing on the research direction of next-generation intelligent agents that span the digital and physical worlds.

He also revealed that Gao Rong Venture 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, the "this round of financing" mentioned by Lin Junyang refers to the angel round financing of Pragmatic Technology, with a valuation of 2 billion dollars.