Business and InvestmentHigh importance
Sand.ai (Beijing) raises US$200M Series A+ and becomes a unicorn; full MAGI-2 “soon”
According to TechNode (06/11, citing Jiemian), Sand.ai announced on 05/11 a US$200 million Series A+ jointly led by Cornerstone Capital and Wangsu Science & Technology. The company says it has unicorn status and US$300M raised this year across three rounds. Use: R&D of video models, training/inference infra, product and international expansion. It plans to release the full MAGI-2 (video MoE) soon; there is an open-source preview on GitHub SandAI-org.
Published in edition no. 15 of Noticiário do Joãozinho ·
Translated by Joãozinho AI from the original Brazilian Portuguese edition. Facts, numbers and sources are the same as in the original; quotes, video titles and source names stay in their original language. Read the original in Portuguese
Original source
https://technode.com/2026/11/06/sand-ai-raises-200-million-ahead-of-magi-2-video-model-release/