Two 90s AI founders return: Lin Junyang raises $220M for new lab, Manus splits from Meta
创业邦 · wechat · 2026-08-12
On Aug 12, two Chinese AI founders in their 30s announced major moves: Lin Junyang, former head of Alibaba's Qwen, launched PragmatikLabs with $220M seed funding at $2B valuation, focusing on world models and embodied AI; Manus founder Xiao Hong announced the company's separation from Meta to operate independently. The article also highlights the rise of 90s-born AI leaders in China, including Wang Xingxing of Unitree and Yang Zhilin of Moonshot AI.
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