Former Tencent Hunyuan vision-model lead Hu Han starts a multimodal AI venture, targeting a valuation of hundreds of millions of dollars

What happened

Hu Han, formerly head of the algorithm center for Tencent Hunyuan's vision foundation models, has made progress on a new venture focused on multimodal AI. It plans to raise tens of millions of dollars at a target valuation of several hundred million dollars, with Vision Plus Capital as the financing advisor. Multiple investment firms have approached Hu over the past month. He believes the model could eventually be sold to large technology companies such as DeepSeek.

Keep reading

Trending now

1. 1Meta Releases Muse Spark Open With Mac and Cloud Support, Topping US Open-Weight Index
2. 2Google Launches Gemini 4 Argon Globally, Expands Paid Access as Benchmark Results Vary
3. 3OpenAI Updates GPT-6 Astra Pro in ChatGPT With Parallel Agents and Faster Responses
4. 4Meta’s New Business Terms Raise Dispute Over Website Crawling and AI Training Rights