Lin Junyang has unveiled Praha (卜拉格), a new Chinese AI startup that has emerged from stealth with a reported first-round valuation of RMB 13.5 billion (approximately USD 1.87 billion). The round attracted three of China's most prominent investors simultaneously: internet giant Tencent, growth equity firm Gaorong Capital, and Sequoia China. The debut marks one of the highest first-round valuations seen in China's AI sector, signaling strong institutional confidence in the founding team.
ElevenLabs announced on its blog that Matthew McConaughey has joined as a new investor. Because the article text is not provided, details such as investment size, funding round, or strategic involvement cannot be confirmed. The news is best understood as a business and brand development for ElevenLabs rather than a technical product update.