
DeepSeek Funding Round Chases $71B Weeks After $7B Raise
DeepSeek may seek a $71B valuation just weeks after raising $7B, signaling how brutal China's AI compute race has become.
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DeepSeek may seek a $71B valuation just weeks after raising $7B, signaling how brutal China's AI compute race has become.

DeepSeek's $500M revenue run rate gives its IPO story real weight, but margins and compute costs remain the real test.

Moonshot AI dropped a 2.8-trillion-parameter open model that rivals the best in the West at a fraction of the price. The market did what markets do when the tide goes out: it panicked.

New rules took effect July 15 forcing ByteDance's Doubao and Alibaba's Qwen to kill their humanlike agent features — and delete the conversations. This is not a drill.
Wall Street's bank of banks picked its three favorite Chinese AI developers — and one of them, Zhipu, is now the only way to buy a piece of the frontier on a public exchange.
Tencent Hunyuan 3 Officially Released: 295B Params, Search Matches GPT-5.5, Hallucination...
Meituan Open-Sources LongCat-2.0: 1.6T Params, Zero Nvidia, All Domestic Chips Meituan...

Let's start by saying something that's becoming obvious over time: China is not just participating in...

The lab that shocked the AI world with R1 has stayed entirely self-funded since day one. Now it's re