DeepSeek gained fresh momentum for its pre-IPO funding round at an estimated 500 billion yuan ($74 billion) valuation when its revenue report for 2026 up to July landed at 475 million yuan ($70.7 million). The ten times revenue boost on what the Chinese AI startup earned in all of 2025 is the latest disruptive info to come out of the Hangzhou lab that shook global markets with its debut last January. Next on the firm’s agenda is a Shanghai sto…
(Seoul = Yonhap News) Reporter Joo Jong-guk = Chinese artificial intelligence (AI) company DeepSeek generated approximately 475 million yuan (about 97.6 billion won) in revenue through July of this year...