That's how much the Chinese artificial-intelligence startup would be valued in its latest fundrainsing round. The new funds would be funneled into R&D and expansion efforts, and comes as DeepSeek’s annual recurring revenue—a key metric for subscription-based services—has reached $500 million, accor
Raffaele Huang is a Reporter at Asia Technology. He covers a range of topics including artificial intelligence, deep tech, energy, and business economics, with a focus on AI platforms, generative AI, and corporate finance. Raffaele's work has been featured in prominent publications such as Caixin Global, Editor & Publisher Magazine, MarketWatch, and The Wall Street Journal.