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Market Chatter: Alibaba Group to Lead $300 Million Investment in UniPat AI

Market Chatter: Alibaba Group to Lead $300 Million Investment in UniPat AI

MT newswireMT newswire2026/09/10 08:55
04:55 AM EDT, 09/10/2026 (MT Newswires) -- Alibaba Group Holding (BABA) is among the investors participating in UniPat AI's $300 million financing, which values the startup at $2.5 billion, Bloomberg reported Thursday, citing sources familiar with the matter. Other investors, including HSG and Tencent Holdings, are also participating in the financing, sources told Bloomberg. The transaction is expected to close soon, although discussions remain ongoing and the terms could change, Bloomberg reported. The startup develops scenarios and benchmarks for testing AI models, including coding agents, browser agents and multimodal models, the report said. Alibaba and UniPat AI did not immediately respond to MT Newswires' requests for comments. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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