PANews
PANews|Aug 12, 2026 01:42
[Lin Junyang Officially Announces the Launch of AI Startup 'Pragmatik Labs,' Secures First-Round Investment from Sequoia and Tencent] According to Whip News, on August 12, former head of Alibaba's Tongyi Qianwen, Lin Junyang, officially announced his new entrepreneurial venture on an overseas social media platform. He revealed the establishment of a new AI lab in Shanghai called Pragmatik Labs, with its Chinese name being 语用科技 (Yuyong Keji), focusing on the development of next-generation AI agents (Agents) that integrate the digital and physical worlds. Lin Junyang explained that the core positioning of Pragmatik Labs is to build general-purpose AI agents capable of functioning in both digital virtual scenarios and the real physical world. The slogan is 'Agents for digital and physical worlds.' At the same time, Lin Junyang disclosed the lineup of investors for the first round of funding. This round was co-led by Gaorong Capital and Sequoia China (HSG), with Tencent and the Shanghai Future Industry Fund participating as follow-on investors.
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