Huangshan Mountain scenic area in Anhui province is shrouded in a mantle of white after a snowfall, on Monday. #Huangshan# Mountain is a #UNESCO# World Heritage Site, and one of China's major tourist destinations.

🤖 Ex-Qwen Lead Seeks Funding for New AI Lab @JustinLin610, former technical lead of @AlibabaGroup's Qwen models, is reportedly raising several hundred million dollars for a new AI lab at a target valuation of around $2B, per @theinformation. Gaorong Ventures and HongShan are said to be in talks to invest. The high valuation reflects investor confidence in Lin’s track record after @Alibaba_Qwen became one of the most widely adopted open-source AI model families.

The @FabricFND Public Sale is now live! Priority Allocations if oversubscribed (40%): • Min 15% allocated to the Fabric community, users with Platinum Rank on the FABRIC dashboard/app, holders of the Backpack Badge, OG Badge, Developer Badge and Researcher Badge. • Min 10% allocated to the Kaito community (sKAITO, Yapybara holders, and top CT accounts globally, as well as CN and KR). • Min 5% allocated to successful referrers under our new referral program. • Min 5% allocated to the Virtuals community for participants staking >100 veVirtuals (allocation determined by the total veVirtuals participating). • Min 5% allocated to the Surf community for NFT Pass holders (allocation determined by the number of NFT Pass holders participating). Key details: • Valuation: $400m FDV • Prev Valuation (May 2025): $200M • Investors include: Pantera Capital, Coinbase Ventures, DCG, Ribbit Capital, Hongshan, Topology, Primitive Ventures, and others. • Target Raise: $2M • Maximum Offering: 0.5% of total supply • Vesting: 100% at TGE • Min/Max Pledge Size: $1,000-$250,000 • Estimated TGE: Q1 2026 • The sale is open to all jurisdictions permitted under our Terms of Use; not for US persons. Head to our Capital Launchpad to get involved!

We’re thrilled to announce that Voyage has raised $3M in the pre-seed round to build the first GEOFi network, building a fair distribution layer for everyone contributing to Generative Engine Optimization (GEO) as AI reshapes how we search and discover. Backed by a16z @speedrun, @alliancedao, @SolanaVentures, @LECCAVentures, @IOSGVC, @BigBrainVC, @mhventures, @GAM3GIRLVC, @y2z_Ventures, @mablejiang ( @trendsdotfun), @varunsrin (co-founder @farcaster_xyz), @huangkuan (ex @Uniswap).