Alibaba to Lead $300M Round for UniPat AI at $2.5B Valuation
Alibaba Group is slated to lead a $300M investment round in AI training and benchmarking startup UniPat AI, valuing it at $2.5B, according to people familiar with the talks. UniPat builds synthetic data and evaluation scenarios for coding agents and visual reasoning, with early backing from Monolith and ByteDance-backed Jinqiu Fund. Final terms may change, and the deal is expected to close soon with Tencent and HSG participating.