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The Chinese artificial intelligence landscape witnessed a significant milestone this week as regulatory filings revealed that DeepSeek, the Hangzhou-based AI startup that has captured global attention, is now valued at approximately 350.88 billion yuan, or $51.82 billion. This valuation emerges from a stock exchange disclosure by Anhui Korrun, a Chinese luggage manufacturer, which detailed its …

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Chinese artificial intelligence startup DeepSeek is preparing to launch a fresh fundraising round at a valuation of approximately 500 billion yuan ($74 billion), setting the stage for a potential initial public offering on Shanghai's STAR Market, according to sources familiar with the matter. The ambitious move comes just weeks after the Hangzhou-based company secured about …

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In a significant development for Apple's artificial intelligence ambitions in the world's second-largest economy, the company's on-device generative AI service, Apple Intelligence, has officially been registered with China's cyberspace regulator. The registration, confirmed on July 15, 2026, marks a crucial milestone that clears the regulatory pathway for the long-anticipated rollout of Apple's AI capabilities to …

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