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Chatter: Alibaba Said to Lead $300 Million Investment in UniPat AI","url":"https://stock-news.laohu8.com/highlight/detail?id=2666256390","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666256390?lang=en_us&edition=fundamental","pubTime":"2026-09-10 15:26","pubTimestamp":1789025175,"startTime":"0","endTime":"0","summary":"Alibaba Group  is backing AI startup UniPat AI in a $300 million funding round that could value the startup at about $2.5 billion, Bloomberg reported Thursday, citing people familiar with the matter.The Chinese e-commerce giant is expected to lead the round, with Tencent Holdings  and existing investor HSG also participating, according to the report. The financing is expected to close soon, although its terms could still change.UniPat, founded in late 2025, develops training data and benchmarks for evaluating AI models, including coding agents, browser agents and multimodal 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ADR closed 43.22% short of its 52-week high of $192.67, which the company achieved on October 2nd.The ADR underperformed when compared to some of its competitors Wednesday, as Neighborhood Intelligence Inc.  fell 0.65% to $3.82, Rakuten Group Inc. ADR  fell 2.32% to $4.64, and eBay Inc.  fell 1.03% to $103.51.Trading volume  remained 3.3 million below its 50-day average volume of 12.2 M.Data source: Dow Jones Market Data, FactSet. 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Market OverviewThe Hong Kong market opened on a cautious note Wednesday, with the Hang Seng Index inching up 0.04% to 25,328.13 while the Hang Seng China Enterprises Index slipped 0.03% 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