Today AI says it has raised more than $200 million and started training its own model

Today AI says it has raised more than $200 million and started training its own model

N
News Editor
2026-10-21 03:52:45
Today AI, founded by Teambition founder and former Doubao PC lead Qi Junyuan, said it has raised more than $200 million in total. Backers named by the company include IDG Capital, Tencent, 5Y Capital, Ant Group, Sequoia China, Transsion, Tongge Venture Capital and Shanghai Jiao Tong University Hanyuan Asset. The company had originally planned to build software first, then hardware, and only later train its own model. It has now changed that sequence and is pushing software and model development at the same time, with an early experimental model already in place. According to the company, current large models are getting better at coding, but their ability to communicate naturally with users and understand personal preferences has not improved at the same pace. Today AI said it wants to train a model tailored for personal assistant use cases, while hardware will be developed with partners. The team also acknowledged that the product still falls short of its vision for a personal AI assistant, citing limits in proactive understanding, adaptation and task judgment.

Today AI said it has raised more than $200 million in total. The company was founded by Qi Junyuan, the founder of Teambition and former head of Doubao's PC business.

The investors it named are IDG Capital, Tencent, 5Y Capital, Ant Group, Sequoia China, Transsion, Tongge Venture Capital and Shanghai Jiao Tong University Hanyuan Asset.

Product and model work are now moving in parallel

Today had originally planned to build software first, then develop hardware, and train its own model later. That order has now changed. The company said software and model development are being pushed forward at the same time, and an early experimental version of its model already exists.

It said the shift came as existing large models have become stronger at programming, while their ability to communicate naturally with users and understand individual preferences has not improved at the same pace. Today wants to train a model designed for personal assistant scenarios. Its hardware plans will be pursued with partners.

The product still falls short of the team's target

Even so, Today said the current product remains short of the team's vision for a personal AI assistant.

In an earlier interview with LatePost, the team said the system's ability to proactively understand and adapt to users is still only at 「20 or 30 points」. A 10-day trial by GeekPark also found that Today could finish Chinese localization for a game mod in 15 minutes, but repeated wrong installation advice left the reporter spending another hour trying to get it working.

Questions such as how to judge task priority and when to act on its own remain unresolved for personal agent products of this kind.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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