Source: Beijing-based Naive AI, which plans to release its first LLM as early as September, is now valued at $1.4B+ after raising $400M across three rounds (Juro Osawa/The Information)

Beijing-based Naive AI, a secretive Chinese AI model startup founded in February by a Tsinghua University professor, is now valued at over $1.4 billion. The company has raised $400 million across three funding rounds. Naive AI plans to release its first AI model as early as this month, with some reports indicating a September release for its first LLM.