Sources: Z.ai is on track to achieve an annual recurring revenue of $1B, a first for a Chinese AI company, after achieving its full-year sales target in July
Z.AI is on track for annual recurring revenue of $1 billion, a significant ramp-up for an enterprise-focused AI startup trying …
Sources: DeepSeek has started planning for an IPO in China and may file as soon as this year, allowing it to debut in 2027
Chinese AI pioneer DeepSeek has begun preparations for an initial public offering and may file as soon as this year, setting the stage for what could be a landmark debut for the country's technology i...
Sources: DeepSeek is in preliminary talks with new investors about raising funds at a ~$71B valuation, after raising ~$7B at a ~$52B valuation at the end of May
Unusually swift pace of capital injection comes as Chinese AI start-up seeks to build out infrastructure
Sources: DeepSeek closed a ~$7.4B round at a $50B+ valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng
Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4 billion) under an unusual deal structure …
Zhipu's shares closed up 33% on Monday after JPMorgan raised the stock's price target and picked it as a winner against MiniMax; MiniMax closed up 7%
Shares of Chinese AI model maker Zhipu surged after JPMorgan Chase & Co. raised the stock's price target and picked it as a winner against close rival MiniMax.
Moonshot, the Chinese AI startup behind the Kimi chatbot, raised ~$2B at a $20B+ valuation led by Meituan's venture arm; Moonshot's ARR hit $200M in April 2026
Moonshot AI has raised about $2 billion in its latest funding round, signaling growing investor appetite for Chinese startups rivaling Silicon Valley's leaders.
Sources: DeepSeek is in talks to raise $3B to $4B led by China's national AI fund, valuing DeepSeek at up to $50B
Chinese AI startup DeepSeek could be valued at up to $50 billion in its maiden fundraising drive, three sources said, as the large language model builder seeks to reverse …
Sources: Moonshot AI may scrap its Cayman structure for a China or Hong Kong entity to prepare for a Hong Kong IPO and plans to raise funding at ~$18B valuation
Markets will be watching to see if the company can replicate the success of recent listings by other Chinese AI companies
Chinese AI company Kuaishou reports Q4 revenue up 12% YoY to ~$5.7B, meeting est., adjusted net income up 16% YoY, and Kling AI revenue up 13% YoY to ~$49M
Kuaishou Technology said the rapid scaling up of its generative artificial intelligence tools drove revenue growth.
Sources: Chinese AI circuit board maker Victory Giant plans a Hong Kong IPO as soon as April that may raise $2B+; China's regulator approved the IPO last week
Victory Giant Technology (Huizhou) Co., a Chinese maker of printed circuit boards, is preparing for a Hong Kong listing …