Chinese Tech's New Scientists' Era: Researchers Move to the Center of Power and Capital

· pandaily.com

On August 12, Lin Junyang announced on X the founding of Pragmatik Labs in Shanghai, aimed at next-generation agents, with backing from Gaorong Ventures, HongShan, and Tencent at a reported $2 billion valuation. He is one example of a broader shift: researchers are returning to the center of China's technology industry.

On August 12, Lin Junyang announced on X the founding of Pragmatik Labs in Shanghai, aimed at next-generation agents, with backing from Gaorong Ventures, HongShan, and Tencent at a reported $2 billion valuation. He is one example of a broader shift: researchers are returning to the center of China's technology industry.


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