TECH NEWS

The man who built Qwen has a new lab, and the Shanghai government is an investor

The researcher who led Alibaba’s Qwen models has started his own company. Junyang Lin announced Pragmatik Labs on X on Tuesday evening, five months after walking out of Alibaba.

The lab is based in Shanghai and works on what Lin calls next-generation agents across digital and physical worlds. Gaorong Ventures and HSG, the firm formerly known as Sequoia China, co-led the round.

Tencent invested too. So did one more backer, and it is the one nobody else reported.

The investor everyone missed

Lin thanked the Shanghai Engine Fund, giving its Chinese name in the same breath. That name translates as the Shanghai Future Industries Fund.

It is not a private firm. The fund runs to 10 billion yuan, roughly $1.4bn, and is financed entirely by the Shanghai government.

Shanghai unveiled it in September 2024 with a 15-year horizon, extendable by three more. It targets six areas the city has designated...

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Google’s new Pixel 11 Pro Fold offers a stronger build and brighter screens

7:00 AM PDT · August 12, 2026 Samsung’s short and wide foldable is the talk of the town, but Google is not experimenting with its design with today’s unveiling of the new Pixel 11 Fold, which appears largely unchanged on the outside. The company said that the new

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Google takes on AirTag with the new $29 Pixel Tag

Alongside its announcement of a new lineup of Pixel 11 smartphones, Google on Wednesday introduced its answer to Apple’s AirTag. At its livestreamed “Made by Google ’26” event, the company unveiled a new product designed for keeping track of your valuable items: the $29 Google Pixel Tag. Similar to

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Google unveils the Pixel Watch 5 with a smarter Gemini and advanced health monitoring

At its Made by Google event on Wednesday, Google unveiled the Pixel Watch 5 with a smarter Gemini experience, as well as advanced fitness and health monitoring. The new smartwatch, which starts at $399, can track blood pressure patterns and insulin resistance, as well as deliver personalized help and better

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Google’s Pixel 11 lineup offer fewer hardware changes, but much more Gemini

For the last few years, Google’s Pixel has been a showcase of new AI features, with few hardware changes from the previous year’s devices. Similarly, the Pixel 11 series isn’t too different in design and internals from its predecessor. However, this year’s devices have more Gemini

The investor everyone missed

Read more

Google’s new Pixel 11 Pro Fold offers a stronger build and brighter screens

Google takes on AirTag with the new $29 Pixel Tag

Google unveils the Pixel Watch 5 with a smarter Gemini and advanced health monitoring

Google’s Pixel 11 lineup offer fewer hardware changes, but much more Gemini