Former Qwen lead Junyang Lin launches Pragmatik Labs for digital and physical agents
HSG and Gaorong co-led the Shanghai lab's financing, with Tencent joining a founder-driven bet reportedly valued at $2 billion.
By Ryan Merket · Published
Primary source: X
Why it matters
Pragmatik Labs turns one of Qwen's central researchers into an independent founder, backed at a reported $2 billion valuation to pursue agents across software and physical machines.
Junyang Lin (@JustinLin610), the former technical lead of Alibaba's Qwen model family, launched Pragmatik Labs in Shanghai on Tuesday to research AI agents that operate across software and the physical world.…
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