Bloomberg ·
Keyu Tian, a former ByteDance intern, raised ~$30M from 5Y and IDG for his unnamed AI lab that focuses on building world models, at a $200M post-money valuation
A former ByteDance Ltd. intern has secured funding from venture heavyweights including 5Y Capital for a stealth startup …
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The Information: Beijing-based Naive AI, which plans to release its first LLM as early as September, is now valued at $1.4B+ after raising $400M across three rounds