Alibaba Is Leading a $300M Round in Model-Testing Startup UniPat AI at a $2.5B Valuation

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Bloomberg reported September 10 that Alibaba will lead a $300 million round in UniPat AI, an AI model benchmarking and testing company, at a $2.5 billion valuation, with Tencent and HSG also participating. Two of China's largest AI platform rivals funding the same evaluation vendor is notable given evaluation independence is exactly what California's new SB 813/AB 1405 framework is trying to codify. It also puts a nine-figure price on the eval layer that most builders still treat as a free open-source concern.