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Leiphone reports that the startup project of Hu Han, former head of Tencent Hunyuan's vision large-model algorithm center, has made new progress: it stays focused on multimodality, plans to raise tens of millions of dollars and targets a valuation in the hundreds of millions, with Yuanshi Capital as financial adviser. Several investment firms have approached him over the past month, and commercialization was repeatedly pressed by investors. According to the report, one of Hu Han's answers is that the model could eventually be sold to large tech companies such as DeepSeek.

Why it matters: It shows that founders from top labs can still draw capital as the funding window for large-model startups narrows, while commercialization remains the central question.

Tencent·Hunyuan·DeepSeek·+1