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Newsfeed · Live
Oct 22, 2026
Compare
2022
2027
DeepSeek
$22.1B
Moonshot AI
$8.2B
Zhipu AI (Z.ai)
$10.8B
CUMULATIVE RAISED · FEATURED
Products
Doubao (豆包)
344.9M MAU
Xiaohongshu (小红书)
300M+ MAU
Qwen (千问)
165.6M MAU
DeepSeek
127.1M MAU
Tencent Yuanbao (元宝)
57.4M MAU
NEWSFEED · LIVE
SYNCED 03:28 PM
OCT 22, 2026
8 stories
Unitree developing AI system to let humanoid robots improve themselves
DeepSeek reportedly raises $15B days after US restrictions
‘Jensen’s nightmare’: Huawei, DeepSeek narrow AI chip ecosystem gap with Nvidia: report
Chinese AI Startup DeekSeek Raises $15 Billion Ahead of Potential IPO
China's Payment Push Reaches CATL
DeepSeek wrapping up $15 billion fundraising to fuel AI race
DeepSeek Raises $15 Billion in Challenge to Leading US Labs
China’s Unitree unveils ‘guardian’ robot that can disarm attackers, lift cars
OCT 21, 2026
12 stories
Top Democrat says chip restrictions are ‘key lever’ for US AI edge over China
Micron won't pursue 4F-squared memory chips despite CXMT's advance: CTO
✅China’s Draft AI Export Controls Don’t Block Open-Weight Models
Washington’s DeepSeek ban may deter US firms from adopting Chinese AI models: experts
DeepSeek ban forces US firms to rethink using Chinese AI, experts say
MOFCOM's New Rules and the Future of Chinese AI
Unitree Robotics unveils a bodyguard robot capable of lifting the front of a car
Chinese mathematician Sun Zhiwei proposes 1,000 problems to challenge AI
Chinese AI Tool Linked to Hacks in Japan
China AI researcher rises to Xiaomi’s top level in 10 months, talks work-life balance
China’s Robot Makers Fund Their Own Supply Chain
China's Moonshot AI to operate in Singapore, jobs post shows
This Week
Items95
Companies11
Rounds11
Last sync03:28 PM
Most Active · This Week
DeepSeek
31
CXMT
6
Unitree Robotics
3
Zhipu AI (Z.ai)
3
DeepSeek
DeepSeek is an AI research lab founded by quantitative trading firm High-Flyer Capital Management. It went viral globally in January 2025 after releasing open-source reasoning models that matched US frontier performance at a fraction of the cost — a watershed moment for China's AI industry. DeepSeek's defining focus is efficiency and open research: all models are released under permissive MIT licenses.
Valuation
$74B
Total Raised
$22.06B
DeepSeek-V4.1-Flash-1017
Multimodal
Open
Update to V4.1-Flash; MIT weights released; benchmark scores are first-party reports using Mini-SWE-V2 for DeepSWE and Claude Code for Terminal-Bench.
DeepSWE v1.177/100
Terminal-Bench 4.042.3/100
HLE without tools42.6/100
Context1M
Input
$0.15/1M tokens
Output
$0.60/1M tokens
View Docs ↗
DeepSeek-V4.1-Flash
Multimodal
Open
New Causal Encoder-Decoder architecture (552B MoE, 8B/16B active); claimed to beat flagship V4-Pro on performance/cost/speed; replaces V4-Pro in routing from Sept 14
GPQA Diamond90.9/100
Terminal-Bench 2.190.6/100
AA Intelligence Index39/100
Context1M
Input
$0.15/1M tokens
Output
$0.6/1M tokens
View Docs ↗
DeepSeek-V4-Flash-Vision-Exp
Multimodal
Closed
Experimental multimodal (vision) variant of V4-Flash; positioned near Claude Opus 4.8 on agent benchmarks; API-only
Terminal Bench 2.183.9/100
ApexBench Pass@136.5/100
Agents' Last Exam27.3/100
Context1M
Input
$0.44/1M tokens
Output
$1.32/1M tokens
View Docs ↗
DeepSeek-V4-Pro-0813
Text
Open
GA release of flagship (was in preview since April); 1.6T total/49B active MoE, agentic gains
AA Intelligence Index36/100
Terminal-Bench 2.187.9/100
HLE (with tools)60/100
Context1M
Input
$0.435/1M tokens
Output
$0.87/1M tokens
View Docs ↗
DeepSeek-V4-Flash-0731
Text
Open
Public-beta API release; retrained V4-Flash beats DeepSeek's own larger V4-Pro-Preview on all 9 published agent/coding benchmarks
AA Intelligence Index34/100
Terminal Bench82.7/100
Agents' Last Exam25.2/100
Context1M
Input
$0.14/1M tokens
Output
$0.28/1M tokens
View Docs ↗
DeepSeek-V4-Pro
Text
Open
Flagship MoE: 1.6T total / 49B active params, 1M context, FP4+FP8 precision, built-in Think/Non-Think reasoning modes. Codeforces rating 3206.
MMLU-Pro88/100
LiveCodeBench94/100
AIME 202694/100
Context1M
Input
$0.435/1M tokens
Output
$0.87/1M tokens
View Docs ↗
DeepSeek-V4-Flash
Text
Open
Efficient MoE: 284B total / 13B active params, 1M context. Same architecture as V4-Pro at far lower compute cost. Codeforces 2816.
MMLU-Pro86/100
LiveCodeBench88/100
MRCR 1M77/100
Context1M
Input
$0.14/1M tokens
Output
$0.28/1M tokens
View Docs ↗
DeepSeek-V3.2
Text
Open
685B MoE with DeepSeek Sparse Attention (DSA). V3.2-Speciale variant won gold at 2025 IMO and IOI. 4.16M monthly downloads on HuggingFace.
MMLU-Pro85/100
SWE-Bench70/100
AIME 202694/100
Context128K
Input
$0.252/1M tokens
Output
$0.378/1M tokens
View Docs ↗
DeepSeek-R1-0528
Text
Open
Latest R1 update: 685B, adds system prompt support, deeper reasoning (23K avg tokens on AIME vs 12K prior). Distilled 8B version achieves 86% on AIME 2024.
AIME 202491/100
AIME 202588/100
HMMT 202579/100
Context128K
Input
$0.50/1M tokens
Output
$2.15/1M tokens
View Docs ↗
DeepSeek-OCR-2
Multimodal
Open
3B visual OCR model with document-to-markdown conversion, layout-aware grounding, and dynamic resolution. 1.66M monthly downloads.
olmOCR-bench76/100
ArXiv Math82/100
Long Tiny Text91/100
Context—
Input
Output
View Docs ↗
Total Raised
$22.06B
All rounds
Valuation
$74B
Post-money (approx.)
Last Round
2026
Most recent year
AI ARR
$1B
as of 2026-09
Round Timeline
2026-06
¥50B (~$7.4B)val $50B
Liang WenfengTencentCATLNetEaseJDIDG CapitalNational AI Industry Investment Fund
2026-10
¥100B (~$14.7B)val $74B
TencentCATL
DeepSeek open-sourced Harness v0.1 alongside its V4-Pro release (week of Aug 13), a plugin-first open-source coding agent framework positioned as a free alternative to Claude Code; it passed 95,000+ GitHub stars within two days.
127.1M MAU · Quest Mobile
Consumer AI chat powered by V3/R1. Became globally viral in Jan 2025 with free reasoning access.
OpenAI-compatible API offering V3 and R1 at industry-lowest prices ($0.27/1M input tokens for V3). Drop-in replacement for OpenAI with minimal code changes. Supports prefix caching, function calling, and structured output.
DeepSeek reportedly raises $15B days after US restrictions
‘Jensen’s nightmare’: Huawei, DeepSeek narrow AI chip ecosystem gap with Nvidia: report
DeepSeek wrapping up $15 billion fundraising to fuel AI race
DeepSeek Raises $15 Billion in Challenge to Leading US Labs
Washington’s DeepSeek ban may deter US firms from adopting Chinese AI models: experts
DeepSeek ban forces US firms to rethink using Chinese AI, experts say
DeepSeek open-sources new tool to slash AI costs in ‘fight’ against closed-source rivals
DeepSeek open-sources new tool to slash costs and ‘battle’ closed-source AI
DeepSeek seeks ‘total victory’ with new open-source tool to slash AI cost
DeepSeek Open-Sources Framework Behind Its High-Margin AI Inference
China Condemns U.S. Ban on DeepSeek A.I. in Government Systems
China says US banning DeepSeek from government IT systems disregards consensus reached by Xi, Trump
US orders federal agencies to remove China’s DeepSeek AI from their systems
DeepSeek Unveils Open-Source Tool to Help Cut AI Operating Costs
US bans use of China’s DeepSeek AI tools by government agencies
China defends DeepSeek after US ban of its AI from government systems
US to Bar China’s DeepSeek From Federal Agency Systems
DeepSeek-V4.1-Flash-1017 arrives with improved benchmarks just as the U.S. bans it from agencies — what enterprises should do
US orders DeepSeek removed from federal systems, citing national security risks
MiniMax's new M3.1 Flash beats DeepSeek and Opus 5 on a key business benchmark at lower cost — but with a high hallucination rate
US bans DeepSeek AI from government use as tech tension with China continues
How DeepSeek Is Shaping Huawei’s AI Chips in a Growing Challenge to Nvidia
DHS Orders DeepSeek Technology Removed From Federal Civilian IT Systems
China's DeepSeek debuts improved low-cost AI as tech doubts swirl
US Moves to Bar DeepSeek From Federal Agencies and Contracts
US banning Chinese AI DeepSeek from government agency IT systems
Korean Stocks Fall as DeepSeek Model, Funding Worry Rattle Chips
🗞️China Proposes AI Export Controls, DeepSeek Bets on Robotics, and Infinigence Raises $334M
DeepSeek Pushes Out Updated AI Model It Says Is Faster, Leaner
DeepSeek’s Upgraded V4.1-Flash Model Shakes Up AI Industry
China's DeepSeek hit by 5-hour AI service outage
DeepSeek offers user refunds after suffering another major outage
DeepSeek Fills Its Cap Table at July’s Price
DeepSeek Backs Ex-Tencent AI Scientist’s $400 Million Robot Lab
DeepSeek’s cost-saving AI may lead to inaccuracy in model performance: research
🗞️DeepSeek Raises $12B+, Manus Lands $500M After Its Meta Split, and Kling Eyes $1B IPO
Billions Pour Into OpenAI, DeepSeek Ahead of IPOs
China's DeepSeek, peers launch 16 AI models in month despite Anthropic warning
DeepSeek considers doubling latest funding round to up to $15 billion, sources say
DeepSeek set to net over $12 billion in new fundraising, source says
DeepSeek to Raise at Least $12 Billion in Tencent-Backed Funding
US Lead in AI Over China Narrows After DeepSeek Gains, BI Says
🗞️DeepSeek and Huawei Target Nvidia's CUDA Moat, and Manus Relaunches as the Agent Wars Heat Up
DeepSeek effect? How China’s quant funds thrive amid tight regulatory scrutiny
DeepSeek Open-Sources Software Tools for Huawei AI Chips
DeepSeek and Huawei Target a Key Source of Nvidia’s A.I. Dominance
China’s DeepSeek open-sources tools to help Huawei chips supplant Nvidia in AI
DeepSeek Unveils Huawei AI Chip Tools That May Replace Nvidia’s
DeepSeek partners with Huawei to develop chip programming tools, reducing reliance on Nvidia
🗞️US and China Open an AI Dialogue, Alibaba Targets 20GW Global Data Center Capacity, and DeepSeek Nears a $7.5B Raise
DeepSeek Aims to Close $7.5 Billion Funding Round by End-October
DeepSeek’s Annualized Revenue Hits $1 Billion as Startup Finalizes $7.5 Billion Fundraising
DeepSeek Tests Efficient, Safer Method for Training AI Agents
Chinese AI Stocks Fall on Report of DeepSeek, Moonshot Probe
China Probes DeepSeek, Moonshot Over Data Security, Report Says
EXCLUSIVE: DeepSeek to brief UN Security Council on AI this week, sources say
'Better than DeepSeek': Xiaomi's MiMo-V2.6-Pro debuts as the top open weights model in the world alongside cheaper V2.6-Flash
Exclusive: DeepSeek to brief UN Security Council on AI risks this week
Chinese AI startup DeepSeek, along with Moonshot, has been invited to brief the UN Security Council on AI risks during a session this week tied to the UN General Assembly, alongside OpenAI's Sam Altman and Anthropic representatives. DeepSeek founder Liang Wenfeng will not attend. UN Secretary-General Antonio Guterres has warned of AI risks, while Chinese state media have criticized calls to slow AI development as a 'Cold War playbook.'
DeepSeek Bets Big on Huawei Chips to Bypass U.S. Export Controls
How to Make the U.S.-China AI Race Less Dangerous
Ahead of Treasury Secretary Bessent's talks with Chinese Vice Premier He Lifeng, the authors argue Washington and Beijing should skip sweeping restrictions neither side will accept and instead pursue technical exchanges on dangerous-capability testing and a crisis-communication protocol to prevent AI incidents from escalating.
China's Huawei sets 2027 launch for new AI chips as it targets Nvidia
Huawei unveiled its Ascend 960 SuperPoD compute cluster and an upgraded UnifiedBus interconnect at Huawei Connect 2026 in Shanghai, laying out two new AI chip generations due in 2027 as it tries to match Nvidia; DeepSeek is reportedly lining up 160,000 of Huawei's 950DT chips for a new data center.
China's brutal AI economics hold lessons for US
Reuters Breakingviews commentary on how thin margins and cutthroat price competition among Chinese AI model makers such as DeepSeek offer a preview of where the US AI industry's economics may be headed.
DeepSeek AI engineer slams Anthropic, OpenAI over ‘pacing’ calls, invokes Nazi Germany
China's DeepSeek hires dealmaker as CFO ahead of possible IPO
🗞️DeepSeek Ships V4.1-Flash, Enflame Goes Public, and Anthropic's New Accusation
DeepSeek Hands Memory Stock Investors Fresh Reason for Caution
Watch DeepSeek's New Model Rattles Chipmakers and AI Rivals
DeepSeek-V4.1-Flash debuts with $0.003/1M off-peak cached-input rate and benchmarks eclipsing GPT-5.6 Sol, Claude Opus 5
Moonshot, DeepSeek secretly routed user requests to Claude, Anthropic claims
Anthropic details distillation campaigns from Alibaba, Moonshot AI, and DeepSeek
DeepSeek’s New Low-Cost Model Deals a Fresh Blow to OpenAI, Z.ai
DeepSeek says new Flash AI model beats Kimi K3 on cyber, coding benchmarks
China Probes DeepSeek, Moonshot Over Potential Data Leaks to Anthropic
China's DeepSeek launches V4.1-Flash model
DeepSeek moves nearer to landmark Chinese IPO
Chinese AI firm DeepSeek taps underwriters including Citic Securities for IPO: sources
EXCLUSIVE: China's DeepSeek taps CITIC Securities for domestic IPO, sources say
Transcript: DeepSeek mania spawns shadow market
DeepSeek’s fundraising, unique Chinese market ticks, and what’s ahead with The Information
DeepSeek fundraising frenzy spawns costly shadow market
Investors pay steep fees for access to DeepSeek fundraising
US Says Alibaba, DeepSeek Have ‘Systematically’ Siphoned AI Models
China Rejects US Claims of 'Malicious' AI Distillation Ahead of Trump-Xi Talks
China's Foreign Ministry rejected US intelligence agencies' allegations that DeepSeek, Alibaba, Moonshot AI and Zhipu (Z.ai) ran 'industrial-scale' distillation campaigns against American frontier models, as the dispute unfolds ahead of planned AI-related Trump-Xi discussions.
DeepSeek seeks 150 engineers in hiring spree to overhaul backend systems
Chinese shoppers can now buy AI subscriptions from DeepSeek and Z.ai on Tmall
DeepSeek Plans Big Huawei AI Chip Order to Power New Data Center
🗞️Z.ai Claims the Mystery Model, DeepSeek’s $74B Valuation, and Beijing’s Robot Olympics
How DeepSeek founder's quant empire is taking on China's choppy IPO boom
DeepSeek looks for fresh capital as founder’s quant empire navigates China’s choppy IPO market
I went to China to see a different AI future. It looked familiar
Rest of World's publisher recounts a delegation trip through Beijing and Shanghai with media, tech, policy and finance leaders, finding China's AI strategy centered on embodying AI into robotics, EVs and manufacturing rather than chasing frontier models alone, with Huawei, Xiaomi and DeepSeek cited as evidence of a deployment-first approach shaped partly by US chip export controls.
DeepSeek Builds Its War Chest
AI Startup DeepSeek Poised to Reach $74 Billion Valuation
China's Moonshot AI plans Hong Kong IPO as Kimi K3 shocks Silicon Valley
Moonshot AI is preparing a Hong Kong listing within six months, targeting a valuation as high as $50 billion, after its open-weight Kimi K3 model triggered a fresh 'DeepSeek moment' in global markets.
China’s Z.AI Made Ox Alpha Stealth Model That Rivals DeepSeek
DeepSeek’s Revenue Reaches $70 Million as of July, Tenfold Jump from 2025
DeepSeek nears pre-IPO funding round as 2027 market debut takes shape: sources
DeepSeek targets 2027 listing as pre-IPO funding nears close: sources
DeepSeek leads surge in low cost Chinese open-weight models on US platform
Chinese Hackers Use DeepSeek to Boost Attacks, Researchers Say
DeepSeek Ends Weekend Peak Pricing for API Users From Today
DeepSeek Unveils Test Model to Rival Anthropic’s Opus 4.8
US vs China AI Race: How ChatGPT, Gemini, Deepseek, Kimi Agents Compare
Alibaba’s lightweight Qwen model takes on larger AI systems from OpenAI, DeepSeek, Zhipu
Why China's DeepSeek, Qwen and Moonshot Are a Worry for US AI Rivals
At Beijing AI-themed bar, DeepSeek tokens come with the pints
🗞️DeepSeek's Harness Debut, Unitree's IPO Frenzy, and Manus's Return from Meta
DeepSeek's top-ranked V4 Flash stumbles on real agent tasks as its prices surge
Home province of DeepSeek, Moonshot founders seeks to retain future AI talent
Back in the Harness: DeepSeek continues its pivot towards agentic AI
DeepSeek Lifts AI Model Prices Fourfold
DeepSeek Announces Price Hikes for V4 Models
DeepSeek Harness launches as open source rival to Claude Code, alongside V4-Pro on API with higher prices
DeepSeek releases official V4 Pro model with sharply higher user prices
DeepSeek releases official V4 Pro model as it steps up expansion
DeepSeek Increases Prices for AI Services by Multiple Times
DeepSeek raises API pricing for its V4 models
The DeepSeek Thesis
DeepSeek’s flagship AI model update underwhelms – except in cybersecurity
DeepSeek’s Flagship V4-Pro Model Gets Mixed Reviews
DeepSeek Publicizes Efforts to Challenge Anthropic’s Claude Code
🗞️Alibaba's Qwen3.8-Max, Unitree Prices $9B Robotics IPO, and DeepSeek's Price Hike
DeepSeek’s Plan to Raise Prices Have a Whole Industry Watching
Quant Crash in China Sends DeepSeek Founder’s Funds Down 20%
Backed by DeepSeek, Unitree IPO tests investor appetite for China’s AI robotics boom
DeepSeek, state oil giant back humanoid robot maker Unitree's $900m IPO
DeepSeek Resumes $8 Billion Round With Monolith in the Running
DeepSeek invests $20.8 million in Unitree's Shanghai IPO
DeepSeek resumes funding round seeking nearly $8 billion, Bloomberg News reports
DeepSeek signals ‘significant’ price hike amid surge in demand for low-cost AI models
DeepSeek signals ‘significant’ price hike, testing its low-cost edge
DeepSeek Plans ‘Significant’ Price Increase for Its AI Services
China's A.I. Is Surging Across Africa
African developers are increasingly choosing cheap, open-source Chinese AI models over U.S. systems, citing better performance on local languages, lower cost, and free customization; Alibaba's Qwen and Huawei-backed DeepSeek cloud packages are leading adoption across tech hubs from Uganda to Nigeria.
China’s DeepSeek beefs up agentic AI with ‘harness’ tests as V4 model jolts Silicon Valley
Alibaba unveils its largest AI model yet, DeepSeek's latest model is ultra-low cost
🗞️CXMT Soars 472% in Record Shanghai IPO, Kimi K3's Open Weights, and DeepSeek's Viral Investor Notes
DeepSeek's new AI model is by far the cheapest of well-known models to run, research firm says
The DeepSeek Leak and China’s AI Hardware Claims
DeepSeek releases beta version of V4 models as AI price war heats up
DeepSeek Unveils Public Beta API for Flagship AI Model
DeepSeek Is Developing Massive AI Data Center in Inner Mongolia
Moonshot, DeepSeek and chips: a guide to Tencent’s growing AI empire
DeepSeek founder Liang Wenfeng’s surprising philosophy revealed in leak
DeepSeek tells prospective investors of funding pause, Bloomberg News reports
DeepSeek Suspends Fundraising After Viral US-China Posts
DeepSeek’s Theory of the AI Gap
Founder says DeepSeek prioritises AGI over profit, likely to keep top models open-source, Yicai reports
👀Liang Wenfeng on AGI, Compute, and Why DeepSeek Stays Open Source
Full translation of DeekSeek Founder's four-hour investor meeting: the AGI roadmap, the US-China gap, Huawei chips, and open source.
Another ‘DeepSeek moment’? What China’s Kimi K3 means for the global AI industry
Quick take on Kimi K3 and the end of "DeepSeek moments"
China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO, sources say
China’s Moonshot Delivers a New ‘DeepSeek’ Moment
Chinese filing implies DeepSeek valuation of around $52 billion
DeepSeek Champions China’s Bid to Flood the World With Cheap AI
Breakingviews - COMMENTARY: DeepSeek IPO lays bare China's shallow capital pool
Chinese AI usage by US firms surged after Anthropic export curbs
US export controls on Anthropic's Claude Mythos and Fable models pushed American companies toward cheaper Chinese open-source alternatives; Chinese model token usage nearly doubled in the last week of June.
DeepSeek’s Annualized Revenue Nears $500 Million, Boosting Fundraise and IPO Plans
DeepSeek Is Preparing For IPO Filing as Soon as This Year
China's DeepSeek considers raising more funds, reports say
DeepSeek reportedly in talks to raise $1.5B, then IPO
China’s DeepSeek Prepares to List Shares in Shanghai Next Year
DeepSeek weighs new fundraising a month after closing first round
DeepSeek’s Liang Tops Amodei and Brockman as Richest AI Founder
Chinese AI Labs Have the Models. Now They're Building the Coding Agents.
Alibaba, Tencent, ByteDance, Z.ai, and Moonshot are all shipping coding agents. Revenue is only the surface reason.
DeepSeek cuts V4-Pro pricing by 75%
EXCLUSIVE: China's DeepSeek developing its own AI chip, sources say
Why Chinese AI labs like DeepSeek and Zhipu are looking beyond models to chips
China plans to let top AI firms buy limited amount of Nvidia H200 chips
Beijing will let Alibaba, ByteDance and DeepSeek apply to buy under 200,000 Nvidia H200 chips for training only, easing a compute crunch while still pushing domestic chips for inference.
Facing US export controls, China’s DeepSeek plans to make its own chips
DeepSeek bucks China’s AI price war with peak-hour surcharges for API services
DeepSeek open sources DSpark, a new framework to speed up LLM inference by up to 85%
China’s Zhipu AI sparks new ‘DeepSeek moment’ in Silicon Valley
China's DeepSeek plans to at least double staff in all departments
DeepSeek Looks to Double Workforce as Fresh Funding Fuels Growth
DeepSeek’s Bet That Efficiency Can Compete With Scale
‘No poaching’ our people, China's AI behemoth DeepSeek reportedly tells investors
How DeepSeek’s landmark funding cements founder’s grip amid heated AI rivalry
EXCLUSIVE: US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say
DeepSeek Becomes China’s Most Valuable AI Startup After $7.4 Billion Fundraise
Can Open-Source Beat OpenAI? Inside China's AI Cost Advantage
Former Hugging Face Asia-Pacific head Tiezhen Wang argues China's open-source labs — DeepSeek, Kimi, MiniMax, Zhipu — hold a structural cost and monetization advantage over closed US models, and are pulling enterprise customers at scale as US model access tightens.
DeepSeek Closes Record $7 Billion-Plus Funding with Unusual Deal Structure
Chinese AI startup DeepSeek closed its first-ever external funding round, raising over 50 billion yuan ($7.4 billion) at a valuation exceeding $50 billion. This massive capital injection officially makes DeepSeek China's most valuable AI startup.
China's DeepSeek closes over $7 billion funding with unusual deal structure, the Information reports
More US firms turn to China’s DeepSeek over pricey Silicon Valley AI
DeepSeek slated to draw $7 billion in maiden fundraising, sources say
DeepSeek V4's permanent price cut upends enterprise AI
Another DeepSeek Moment'? Huawei Milestone Alters China Trajectory in Chip Race: Analysts
Analysts say Huawei's new Tau Scaling Law and LogicFolding architecture — targeting 1.4nm-equivalent chip density by 2031 — could reshape the global semiconductor race, with Nvidia cited as most exposed.
China Limits Overseas Travel for AI Talent at DeepSeek, Alibaba, Private Firms
Beijing has begun requiring top AI researchers at private firms including DeepSeek and Alibaba to obtain government approval before travelling abroad, escalating efforts to protect strategic technology and stem talent outflows.
DeepSeek Is Now Running Three AI Races at Once
Bloomberg analysis argues DeepSeek's V4 Pro is the most capable Chinese model to date per NIST benchmarks, yet still lags top US frontier models by roughly eight months — framing China's lab as simultaneously competing on inference cost, open-source reach, and frontier quality.
DeepSeek V4 Pro tops global bang-for-buck ranking after 75% price cut
China's DeepSeek to make permanent 75% price cut on flagship V4‑Pro AI model
DeepSeek Founder Declares AGI Goal as $10 Billion Round Advances
DeepSeek's management told investors in its 70 billion yuan ($10B) fundraise that the startup will prioritize groundbreaking AI research over short-term commercialization.
Nathan Lambert Reflects on China’s AI Labs: DeepSeek, Open Models, and the 'Race' with the U.S.
DeepSeek Seeks to Raise $7B+ in First External Round at ~$45B Valuation
DeepSeek is pursuing its first external fundraising, targeting up to 50 billion yuan ($7B+) at a valuation of approximately $45–50 billion — the largest single funding round ever attempted by a Chinese AI company. China's state-backed Big Fund (semiconductor investment vehicle) is in talks to lead the round. CEO Liang Wenfeng is expected to personally invest ~$3B (~40% of the total). Tencent reportedly proposed acquiring up to a 20% stake, and Alibaba is also at the table. The fundraise was prompted by competitor attempts to poach DeepSeek researchers; offering equity is seen as a key retention tool.
Chinese AI Companies Just Had Their Payday
DeepSeek, Moonshot AI, and StepFun are collectively raising billions in fresh capital, marking the largest funding wave yet for China's frontier AI labs.
Exclusive | DeepSeek to soon close first external fundraising in US$50b valuation: sources
DeepSeek could hit $45B valuation from its first investment round
China’s chipmakers rush to embrace DeepSeek’s V4. Which names stand out?
DeepSeek could be valued at up to $50 billion in first fundraising, sources say
China to Invest in DeepSeek at $50 Billion Valuation
DeepSeek nears $45bn valuation as China’s ‘Big Fund’ leads investment talks
Who could gain from DeepSeek’s V4 with China chips poised for stronger demand?
DeepSeek’s Sequel
NEWSLETTER: DeepSeek bets on Huawei as China pushes to end reliance on Nvidia
DeepSeek-V4 Doesn't Have to Win to Matter
Even without topping global leaderboards, DeepSeek-V4's architectural innovations in sparse computation and inference efficiency will elevate the entire open-source AI ecosystem.
DeepSeek's new AI model does not wow markets in fast-changing industry
DeepSeek unveils new AI model tailored for Huawei chips as China pushes for tech autonomy
EXCLUSIVE: US State Dept orders global warning about alleged AI thefts by DeepSeek, other Chinese firms
Three reasons why DeepSeek’s new model matters
China’s DeepSeek rolls out a long-anticipated update of its AI model
China's DeepSeek releases preview of long-awaited V4 model as AI race intensifies
DeepSeek previews new AI model that ‘closes the gap’ with frontier models
DeepSeek’s Sequel Set to Extend China’s Reach in Open-Source A.I.
DeepSeek-V4 arrives with near state-of-the-art intelligence at fraction of the cost of Opus 4.7, GPT-5.5
China’s AI upstart DeepSeek drops new model. Will it make waves like last year? | CNN Business
China’s DeepSeek previews new AI model a year after jolting US rivals
ByteDance, Tencent step up AI talent battle amid reports of DeepSeek loss
China's DeepSeek is raising funds at $10 billion valuation, The Information reports
DeepSeek and Moonshot: The AI Labs That Refuse to Be Normal
In-depth profiles reveal the unusual internal cultures of DeepSeek and Moonshot AI — labs that deliberately resisted the hypergrowth playbook in favor of research-first discipline.
DeepSeek's V4 model will run on Huawei chips, The Information reports
Xiaomi Commits $8.7B to AI and Unveils Trillion-Parameter MiMo Models
Xiaomi said it would invest at least $8.7 billion in AI over three years as it rolled out its MiMo-V2 family — a mixture-of-experts model line with a 1-million-token context window. One MiMo build briefly led usage on the OpenRouter platform under the codename "Hunter Alpha," with some users mistaking it for a DeepSeek system before Xiaomi confirmed it.
Mystery AI model revealed to be Xiaomi's following suspicions it was DeepSeek V4
DeepSeek's Next Move: What V4 Will Look Like
A technical preview of DeepSeek-V4's likely architecture suggests the lab is doubling down on sparsity-based scaling to achieve intelligence gains under tightening compute constraints.
DeepSeek to release long-awaited AI model in new challenge to US rivals
EXCLUSIVE: DeepSeek withholds latest AI model from US chipmakers including Nvidia, sources say
EXCLUSIVE: China's DeepSeek trained AI model on Nvidia's best chip despite US ban, official says
Anthropic Says DeepSeek, MiniMax Distilled AI Models for Gains
DeepSeek Didn't Show Up—GLM-5 and Qwen3.5 Did, and They Came to Win
With DeepSeek quiet, Zhipu AI's GLM-5 and Alibaba's Qwen3.5 took center stage, proving Chinese models remain within months of the global frontier even without their most celebrated lab.
Chinese AI models festoon Spring Festival a year after DeepSeek shock
OpenAI says China's DeepSeek trained its AI by distilling US models, memo shows
OpenAI accuses DeepSeek of “free-riding” on American R&D
ByteDance's new AI video model goes viral as China looks for second DeepSeek moment
DeepSeek boosts AI model with 10-fold token addition as Zhipu AI unveils GLM-5
China's Three Kingdoms in AI: ByteDance, Alibaba, and Tencent Battle for Their Destiny
An in-depth analysis of how China's three tech giants are restructuring, recruiting, and repositioning for AI dominance following DeepSeek's 2025 breakthrough.
Compact AI model from China’s StepFun outshines rivals from DeepSeek, Moonshot
EXCLUSIVE: Nvidia helped DeepSeek hone AI models later used by China's military, lawmaker says
Google study finds DeepSeek, Alibaba models mimic human collective intelligence
Zhipu AI's Deepseek-like breakout
DeepSeek To Release Next Flagship AI Model With Strong Coding Ability
DeepSeek to launch new AI model focused on coding in February, The Information reports
DeepSeek’s AI gains traction in developing nations, Microsoft report says
DeepSeek blew up markets a year ago. Why hasn't it done so since?
Governments, regulators increase scrutiny of DeepSeek
Top 10 China AI Stories in 2025: A Year-End Review
The year's defining moments: DeepSeek's global breakthrough, the rise of AI agents, robotics advances, chip industry progress, and the return of elite overseas talent to Chinese labs.
DeepSeek-V3.2: Outperforming Through Verbosity
DeepSeek's V3.2 release introduces improvements in sparse attention, scaled reinforcement learning, and synthetic data pipelines that push state-of-the-art performance on agentic benchmarks.
DeepSeek founder Liang Wenfeng cleans up on chip firm Moore Threads’ IPO
DeepSeek just dropped two insanely powerful AI models that rival GPT-5 and they're totally free
DeepSeek injects 50% more security bugs when prompted with Chinese political triggers
Quantum physicists have shrunk and “de-censored” DeepSeek R1
DeepSeek researcher pessimistic over AI's impact in startup's first public appearance since success
DeepSeek and Z.AI Bet on Visual Compression to Solve Long-Context Problem
DeepSeek and Zhipu's Z.AI explore whether rendering long documents as images and compressing them with vision-language models can slash the compute cost of processing extended contexts.
DeepSeek: Everything you need to know about the AI chatbot app
China's DeepSeek says its hit AI model cost just $294,000 to train
ByteDance chatbot Doubao still China’s top AI app as DeepSeek loses users
China AI Chip Leader Cambricon Sees Record Earnings Boost From DeepSeek
DeepSeek V3.1 challenges US AI giants
Kimi K2: Smarter Than DeepSeek, Cheaper Than Claude
Moonshot AI's Kimi K2 is a 1-trillion-parameter open-source MoE model that outperforms DeepSeek on coding and math benchmarks while offering API costs significantly below Claude Sonnet.
Germany tells Apple, Google to block DeepSeek as the Chinese AI app faces rising pressure in Europe
How Huawei’s AI chips outperform Nvidia’s in running DeepSeek’s R1 model
How Huawei Trains DeepSeek-R1-Class LLMs Using Its Own Ascend Chips
Pangu Ultra MoE, a 718B-parameter model trained on 6,000+ Huawei Ascend NPUs, proves that frontier AI models can now be built in China entirely without Nvidia GPUs.
China AI unicorn Zhipu eyes IPO filing this year after DeepSeek’s success
DeepSeek Reveals New Training Method Ahead of R2 Release
DeepSeek and Tsinghua researchers introduce Self-Principled Critique Tuning (SPCT), a novel reward modeling method expected to guide the next generation of DeepSeek reasoning models.
01.AI Steps Back from Pretraining Frontier Models, Pivots to Enterprise and Sovereign AI
Kai-Fu Lee's 01.AI stopped pretraining its own frontier LLMs, choosing instead to build tailored solutions on top of open models such as DeepSeek's for enterprise and government clients in finance, gaming, and legal — and increasingly for "sovereign AI" deployments abroad. Lee said the company was preparing a new funding round and a 2027 IPO.
Baichuan Bets Its Future on Healthcare, Disbanding Finance and Education Teams
Baichuan Intelligence, founded by Sogou veteran Wang Xiaochuan, restructured to concentrate almost entirely on medical AI — dissolving its B2B finance and education units. The pivot, accelerated by DeepSeek-R1's January 2025 debut, reframes Baichuan around a defensible vertical: AI as doctors' "super assistant" and patients' "health gatekeeper," later productized as the Baichuan-M medical models and the Baixiao Yi AI doctor. Wang has said the company aims to IPO in 2027.
DeepSeek narrows China-US AI gap to three months, 01.AI founder Lee Kai-fu says
Exclusive | Why Lee Kai-fu is betting his AI start-up’s future on DeepSeek
AI reasoning rivals: Tencent touts new model’s performance over DeepSeek-R1
Beijing boosts AI startup Manus, as China looks for the next DeepSeek
Manus AI Pushes the DeepSeek Moment Further
Is Manus the 'DeepSeek Moment' for AI Agents or Just a Claude Wrapper?
Chinese startup Monica.im's Manus agent claims to rival OpenAI Operator and Anthropic's Computer Use — but critics argue it's primarily an impressive interface layered on existing model APIs.
Manus probably isn’t China’s second ‘DeepSeek moment’
Tencent’s AI chatbot displaces DeepSeek at top of China’s iOS app store
China tech startups race to capitalise on DeepSeek fever, Xi's meeting
Tencent releases new AI model, says replies faster than DeepSeek-R1
China's ChatGPT Moment: How DeepSeek Rewrites the Rules in 30 Days
A 20-month-old AI startup captures global attention, hits 100 million downloads, and forces China's tech giants to completely rethink their AI roadmaps — all within a single month.
DeepSeek rushes to launch new AI model as China goes all in
DeepSeek 'shared user data' with TikTok owner ByteDance
PIN AI launches mobile app letting you make your own personalized, private DeepSeek or Llama-powered AI model on your phone
Baidu to offer Ernie Bot service for free as DeepSeek heats up China’s AI market
'DeepSeek moved me to tears': How young Chinese find therapy in AI
DeepSeek fuels China’s push to cut reliance on Nvidia ecosystem
Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market
RedNote Investor on DeepSeek: The Next Android of the AI Era
VC Allen Zhu argues DeepSeek represents the 'Android moment' for AI — an open platform that could undercut OpenAI's closed-source advantage just as Android eroded iOS's early dominance.
DeepSeek iOS app sends data unencrypted to ByteDance-controlled servers
China’s chip firms embrace DeepSeek in AI self-sufficiency drive
What is DeepSeek - and why is everyone talking about it?
Four Chinese AI startups to watch beyond DeepSeek
Italy's regulator blocks Chinese AI app DeepSeek on data protection
DeepSeek AI models debut on platform powered by Huawei
Inside the OpenAI-DeepSeek Distillation Saga & Alibaba's Qwen2.5-Max
An investigation into whether DeepSeek used OpenAI's outputs for training via knowledge distillation, alongside a breakdown of Alibaba's new flagship Qwen2.5-Max language model.
DeepSeek, ChatGPT, Grok … which is the best AI assistant? We put them to the test
DeepSeek’s Success Contrasts With China AI Startups’ Struggles
How DeepSeek ripped up the AI playbook—and why everyone’s going to follow its lead
DeepSeek's AI claims have shaken the world — but not everyone's convinced
It’s Not Just DeepSeek. A Guide to the Chinese AI Companies You Need to Know.
How Does DeepSeek’s A.I. Chatbot Navigate China’s Censors? Awkwardly. (Published 2025)
DeepSeek vs ChatGPT – how do they compare?
Chinese AI chatbot DeepSeek censors itself in realtime, users report
Experts urge caution over use of Chinese AI DeepSeek
DeepSeek: Chinese AI app wey cause Nvidia, oda tech stock to drop
Wetin be DeepSeek and why everyone dey tok about am?
Microsoft probes if DeepSeek-linked group improperly obtained OpenAI data, Bloomberg News reports
Why DeepSeek Could Change What Silicon Valley Believes About A.I. (Published 2025)
DeepSeek’s Rise: How a Chinese Start-Up Went From Stock Trader to A.I. Star (Published 2025)
Alibaba releases AI model it says surpasses DeepSeek
DeepSeek’s New AI Model Sparks Shock, Awe, and Questions From US Competitors
Explainer: What is DeepSeek and why is it disrupting the AI sector?
DeepSeek claims its ‘reasoning’ model beats OpenAI’s o1 on certain benchmarks
DeepSeek displaces ChatGPT as the App Store’s top app
What to Know About DeepSeek and How It Is Upending A.I. (Published 2025)
We tried out DeepSeek. It worked well, until we asked it about Tiananmen Square and Taiwan
A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging | CNN Business
How Chinese A.I. Start-Up DeepSeek Is Competing With Silicon Valley Giants (Published 2025)
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
What is DeepSeek, the Chinese AI company upending the stock market?
The Deep Roots of DeepSeek: How It All Began
A translated interview with DeepSeek CEO Liang Wenfeng from May 2023 — before the lab was famous — reveals his vision for building general AI and the research culture inherited from quantitative fund High-Flyer.
DeepSeek hit by cyberattack as users flock to Chinese AI startup
DeepSeek gets Silicon Valley talking
How Chinese AI Startup DeepSeek Made a Model that Rivals OpenAI
How China’s new AI model DeepSeek is threatening U.S. dominance
DeepSeek-R1 and Kimi k1.5: How Chinese AI Labs Are Closing the Gap with OpenAI's o1
DeepSeek-R1 and Moonshot's Kimi k1.5 both demonstrate frontier reasoning capabilities via large-scale reinforcement learning, signaling China has meaningfully closed the gap with OpenAI's o1.
Inside DeepSeek-V3: Are Export Controls Falling Short?
DeepSeek's V3 was developed cost-effectively despite US hardware restrictions — raising serious questions about whether semiconductor export controls are achieving their stated goal of slowing Chinese AI.
OpenAI's o1 Faces Competition: DeepSeek-R1-Lite, Moonshot's k0-math, and Alibaba's Marco-o1
Three Chinese AI labs simultaneously released reasoning models challenging OpenAI's o1 — the most competitive wave of concurrent model launches yet seen from China's AI ecosystem.
Liang Wenfeng
梁文锋
Founder & CEO
Reference Table
All Models
Compare models across all 50 Chinese AI companies
Company ↕
Model ↕
Type ↕
AA Score ↕
Released ▼
Context ↕
Input ↕
Output ↕
DeepSeekUpdate to V4.1-Flash; MIT weights released; benchmark scores are first-party reports using Mini-SWE-V2 for DeepSWE and Claude Code for Terminal-Bench.
Multimodal
—
2026-10-17
1M
$0.15/1M tokens
$0.60/1M tokens
Tencent
Hy-Memory-30B-A3B
Open
Long-term-memory writer model with approximately 3B active parameters; released alongside Hy Memory 2.0 under Apache 2.0; designed for external memory frameworks.
Text
—
2026-10-16
—
—
—
StepFun
Step 5 Preview
Open
Open-weight release of the September-announced model; 600B total and 27B active parameters; BF16 and FP8 checkpoints released under the StepFun Model License.
Multimodal
44/100
2026-10-15
1M
$1.00/1M tokens
$2.70/1M tokens
Kuaishou
Kling 4.0
Closed
Formal rollout following September early access; native generation up to 30 seconds and HDR capabilities; specifications are company-reported and feature availability varies.
Video Gen
2026-10-15
—
—
—
Ant Group
Ling-3.1-flash
Open
560B-param MoE (~25B active) from Ant's InclusionAI; targets agents, search, office tasks; 2-week free trial capped at 256K context; open weights planned after trial, not yet on Hugging Face
Text
41/100
2026-09-30
1M
$0.075/1M tokens
$0.225/1M tokens
Kuaishou
Kling 4.0 Flash
Closed
Early access for Ultra Yearly subscribers; 30s native clips, up to 15 multimodal refs/10 keyframes, 4K 10-bit HDR planned; full Kling 4.0 launch slated for Oct 2026 as Kling spins out toward a Hong Kong IPO
Video Gen
2026-09-28
—
—
—
Alibaba
Ovis-VL-Embedding-2B
Open
Compact embedding model init. from Qwen3.5-2B for constrained serving; Apache 2.0
Multimodal
—
2026-09-26
—
—
—
Meituan
LongCat-2.5-Preview
Closed
1.6T/48B-active MoE; adds native image understanding to LongCat's coding/agent strengths; API preview only, no open weights yet, free via OpenCode
Multimodal
—
2026-09-25
1M
$0.30/1M tokens
$1.20/1M tokens
AlibabaUniversal text/image/doc/video/audio embedding model (Alibaba ATH MaaS), init. from Qwen2.5-Omni-3B; Apache 2.0, weights open-sourcing soon
Multimodal
—
2026-09-23
—
—
—
Ant Group6B text-rich design image model, native RGBA output, #1 open-weight model on Artificial Analysis UI/UX leaderboard; MIT license. Flagged by @AdinaYakup — not on tracked company list
Image Gen
2026-09-22
—
—
—
Tencent
Hy Image 3.5 Preview
Closed
Professional image-gen preview, 30% higher human-eval win rate vs Hy Image 3.0; on par with Seedream 5.0 Pro; API-only, $0.024/image
Image Gen
2026-09-22
—
—
—
Xiaomi
MiMo-V2.6-Flash
Open
309B/15B MoE high-throughput omnimodal variant; MIT license
Multimodal
—
2026-09-22
1M
$0.14/1M tokens
$0.28/1M tokens
Xiaomi
MiMo-V2.6-Pro
Open
102B/42B MoE omnimodal flagship; ties Grok 4.7 on Artificial Analysis Intelligence Index, beats Claude Opus 5 on key benchmarks; MIT license
Multimodal
46/100
2026-09-22
1M
$0.435/1M tokens
$0.87/1M tokens
Alibaba
Qwen-Image-2.1
Open
7B open-weights unified text-to-image + editing model; native transparent (RGBA) output; up to 10 reference images
Image Gen
2026-09-20
—
—
—
Shengshu Technology
Vidu S2
Closed
Real-time interactive digital-character model (resolution up to 720p from 540p in S1) plus real-time video-editing model; also previewing VR spatial video generation; credit-based API pricing (~$0.05/credit)
Video Gen
2026-09-15
—
—
—
DeepSeek
DeepSeek-V4.1-Flash
Open
New Causal Encoder-Decoder architecture (552B MoE, 8B/16B active); claimed to beat flagship V4-Pro on performance/cost/speed; replaces V4-Pro in routing from Sept 14
Multimodal
39/100
2026-09-10
1M
$0.15/1M tokens
$0.6/1M tokens
Ant Group
Ling-3.0-flash-VL
Open
124B total/5.5B active MoE native image+video multimodal model (understand→reason→act→verify); MIT licensed; flagged by Adina Yakup, org not in the original company list
Multimodal
25/100
2026-09-09
1M
—
—
ModelBest
MiniCPM5-2B
Open
2.5B-param on-device/edge model for agentic use (PCs, phones, robotics, IoT); trained with RL+OPD merging 16 expert models; beats larger Qwen3.5-4B on average score; Apache 2.0
Text
—
2026-09-09
128K
—
—
XiaomiEmbodied world model with sequence variants for modeling continuous interactions; Apache 2.0; caught via Adina Yakup/HF tracking
Embodied
2026-09-08
—
—
—
Xiaomi
MiMo-X-Flash-Preview
Closed
Smaller/faster sibling of MiMo-X-Pro-Preview in Xiaomi's new agentic MiMo-X series; invite-only preview
Text
—
2026-09-08
1M
—
—
Xiaomi
MiMo-X-Pro-Preview
Closed
Next-gen agentic foundation model (~1T total/42B active MoE) for long-horizon task execution and tool use; invite-only preview via MiMo Desktop app; company claims performance near Claude Opus 4.6 in agent scenarios
Text
—
2026-09-08
1M
—
—
iFlyTek
Spark X2.5 (293B)
Closed
293B-param (293B-A30B MoE) flagship base model trained entirely on domestic compute; upgraded coding/agent capability; API-only via Xingchen platform, not open-weighted
Text
—
2026-09-07
1M
—
—
Ant GroupInteractive image/video-to-video world model small enough to run on a single consumer GPU; caught via Adina Yakup/HF tracking, not the per-company search
Embodied
2026-09-05
—
—
—
Alibaba
Qwen-Drive-1.0-4B
Open
First open-weight VLM foundation model for autonomous driving; unifies 3D perception, driving VQA, and motion planning on a Qwen3.5-4B backbone; Apache 2.0
Embodied
2026-09-04
—
—
—
Ant Group
Ling-3.0-flash-Fin
Open
Finance-tuned build of Ling-3.0-flash for investment/agent workflows; 124B total/5.1B active, MIT license; already being quantized for llama.cpp
Text
23/100
2026-08-27
256K
—
—
Tencent
Hy4-preview
Open
770B total/49B active MoE flagship with Gated DeepSeek Sparse Attention; beat GLM-5.3 and Kimi K3 in Tencent's internal blind eval; pitched as open-source coding/agent frontier
Text
—
2026-08-27
1M
$0.83/1M tokens
$2.5/1M tokens
Alibaba
Qwen-3.8-Next
Open
180B-parameter/ 6B parameters activated, A GDN + QSA hybrid architecture, muon optimizer adopted, early preview of the architecture used in Qwen4
Multimodal
—
2026-08-26
262K
$0.16/1M tokens
$0.47/1M tokens
Zhipu AI (Z.ai)
GLM-5.3-Flash
Open
Zhipu's first natively multimodal GLM-5 model, 320B total/18B active, KDA+MLA hybrid attention, mHC adopted, tested anonymously as ox-alpha on OpenCode and OpenRouter
Multimodal
42/100
2026-08-26
1M
$0.075/1M tokens
$0.25/1M tokens
DeepSeek
DeepSeek-V4-Flash-Vision-Exp
Closed
Experimental multimodal (vision) variant of V4-Flash; positioned near Claude Opus 4.8 on agent benchmarks; API-only
Multimodal
—
2026-08-21
1M
$0.44/1M tokens
$1.32/1M tokens
SenseTimeOpen-sourced 8B unified any-to-any model with native 4K image generation and improved editing
Multimodal
—
2026-08-21
32K
—
—
Alibaba
Qwen3.8-27B
Open
27.78B dense model, Apache 2.0, text/image/video input, agent/coding gains over Qwen3.6-27B
Multimodal
34/100
2026-08-14
262K
$0.40/1M tokens
$3/1M tokens
Zhipu AI (Z.ai)
GLM-5.3
Open
Post-trained on the same 744B GLM-5.2 base; built for agentic coding & cyber defense; open weights/API pricing to follow after safety review
Text
34/100
2026-08-14
1M
$1.40/1M tokens
$4.40/1M tokens
MiniMax
MiniMax-Music3
Open
Open-weight text-to-music model; generates full songs with sung vocals (up to 5 min) from lyrics + structured caption
Multimodal
—
2026-08-14
—
$0.15 per track
—
DeepSeek
DeepSeek-V4-Pro-0813
Open
GA release of flagship (was in preview since April); 1.6T total/49B active MoE, agentic gains
Text
36/100
2026-08-13
1M
$0.435/1M tokens
$0.87/1M tokens
Alibaba
Wan2.2-Animate-2-14B
Open
Faster/distilled 14B character-animation & replacement model from Tongyi Lab, Apache 2.0
Video Gen
2026-08-07
—
—
—
Alibaba
Wan 3.0
Closed
Public beta all-in-one video gen/edit model; single continuous shot up to 30s, director-level camera moves, character/scene consistency, and doc/xls/ppt/pdf/md-to-video capability; no open weights (unlike Wan 2.2)
Video Gen
2026-08-06
—
—
—
Ant Group
Ling-3.0-Tiny
Open
Lightweight hybrid-reasoning MoE, 7.9B total/1.3B active, runs on Apple Silicon & NVIDIA DGX Spark
Text
15/100
2026-08-06
262K
—
—
ByteDance
SeedRealtime
Closed
Native audio-visual full-duplex LLM fusing audio/video/text streams for real-time watch, listen, speak interaction; replaces separate ASR/vision/TTS pipeline; live in Doubao app
Multimodal
—
2026-08-05
—
—
—
Alibaba
Qwen-Image-3.0-Pro
Closed
Third-gen image model with ~4.5K-token ultra-long prompts, ~10px fine text rendering, native rendering in 12 languages, dense infographic/document layouts, reference-preserving edits; $0.04/image, API-only
Image Gen
2026-08-05
—
$0.003/image
$0.04/image
XiaomiVLA robot foundation model, Qwen3-VL backbone + Diffusion-Transformer (Mixture-of-Transformers); trained on 100,000+ hrs UMI data plus 7,200+ hrs real-robot data; demoed autonomous laundry folding, washer loading, suitcase packing
Embodied
2026-08-05
—
—
—
Alibaba
Qwen3.8-Max
Open
2.4T MoE, ~95B active/token; text+image+video input; explicit reasoning (low/high/xhigh, xhigh default); flat pricing across full 1M ctx, max output 131K; open weights promised ~mid-Aug 2026 (HF/ModelScope)
Multimodal
45/100
2026-08-03
1M
$2.00/1M tokens
$6.0/1M tokens
RedNote (Xiaohongshu)
dots3-Note Preview
Open
Lightest model in RedNote HiLab's dots3 series — 280B total / 16B active params (MoE), 512K context, natively understands text, images, and audio. An internal harness built on the model scored a certified perfect 42/42 (IMO gold) at IMO 2026.
Text
—
2026-08
512K
—
—
ByteDance
Seedance 2.5
Closed
Native single-shot 30s video generation up to 4K, accepts up to 50 multimodal references; launched head-to-head vs MiniMax H3
Video Gen
2026-07-31
—
—
—
MiniMax
H3 (Hailuo H3)
Closed
Omni-modal video generator (text/image/video/audio input), up to 15s native 2K video with native stereo audio; open weights planned within days
Video Gen
2026-07-31
—
—
—
DeepSeekPublic-beta API release; retrained V4-Flash beats DeepSeek's own larger V4-Pro-Preview on all 9 published agent/coding benchmarks
Text
34/100
2026-07-31
1M
$0.14/1M tokens
$0.28/1M tokens
SenseTimeLightweight 8B-MoT open unified multimodal model (NEO-Unify architecture); adds native 4K image generation and stronger instruction-following edits vs prior U1
Image Gen
2026-07-31
—
—
—
Huawei
openPangu-2.0-Pro
Open
505B-param MoE (18B active), open-sourced with weights, inference code & technical report; trained 100% on Huawei Ascend 910B NPUs
Text
—
2026-07-31
512K
—
—
Alibaba
Qwen3.7-Flash
Closed
Native vision-language Flash upgrade with stronger object recognition, spatial intelligence, and multimodal agent execution
Multimodal
—
2026-07-25
1M
$0.03/1M tokens
$0.13/1M tokens
Ant Group
Ling-3.0-Flash
Open
124B-param MoE, only 5.1B active/token; hybrid-reasoning combines Ling speed + Ring reasoning; outperforms Ant's own 1T Ling-2.6 on 11/12 benchmarks; API-only (no open weights at launch), free on OpenRouter through 2026-08-03
Text
25/100
2026-07-23
256K
$0.021/1M tokens
$0.063/1M tokens
Alibaba
ABot suite
Closed
Amap's full-stack embodied AI upgrade: five models for navigation, manipulation, reasoning, memory, and motion control; claims SOTA on 17 benchmarks
Embodied
2026-07-22
—
—
—
Tencent
Hy-Embodied-VLA-0.5
Open
Vision-language-action model trained on 10,000+ hours of data, deployable across different robot platforms
Embodied
2026-07-19
—
—
—
Tencent
Hy-Embodied-VLM-1.0
Open
Perception model for robots; best-in-class on 19 of 38 benchmarks at 1/10th the compute of Tencent's prior flagship
Embodied
2026-07-19
—
—
—
TencentReasoning engine for embodied cognition: joint language-visual reasoning, world-state prediction, subgoal planning; ships with open RxBrain-Bench
Embodied
2026-07-19
—
—
—
SenseTime
SenseNova-U1 Pro
Closed
Unifies seeing, generating, acting via NEO-unify architecture; native 8K output; debuted at WAIC 2026
Multimodal
—
2026-07-19
—
—
—
Kunlun Tech
Mureka v9.5
Closed
AI music model with O3 reflective-reasoning + MuCo creation agent; pitched as least AI-sounding music generator, unveiled at WAIC
Multimodal
—
2026-07-19
—
—
—
Kunlun Tech
Matrix-Game 3.5
Closed
Interactive world-model upgrade shown at WAIC; 5B model, real-time 720p-class generation at 20FPS with 1-minute memory
Video Gen
2026-07-19
—
—
—
ModelBest
MiniCPM-RobotTrack
Open
0.9B on-device VLA model for person-tracking, unveiled at WAIC 2026; SOTA on 3 tracking benchmarks, runs 5+ FPS on Unitree Go2 onboard compute
Embodied
2026-07-17
—
—
—
ModelBest
MiniCPM-RobotManip
Open
1.5B on-device VLA model for robot manipulation, unveiled at WAIC 2026; outperforms larger models like π0.5 and Qwen-VLA per ModelBest
Embodied
2026-07-17
—
—
—
WeRide
WITT
Closed
Physical AI foundation model built on Atomic Physical Facts; claims 98% lower token cost and 200x data efficiency vs general models (self-reported, unverified)
Embodied
2026-07-17
—
—
—
Unisound
U2-Med
Closed
First tri-medical LLM spanning healthcare, insurance and pharma; built on U2 foundation model
Multimodal
—
2026-07-17
—
—
—
Moonshot AI
Kimi K3
Open
Flagship model, 2.8T total parameters, strong coding and agent capabilities, open weights by July 27
Multimodal
44/100
2026-07-16
1M
$3.00/1M tokens
$15.00/1M tokens
Ant Group
LingBot-VA 2.0
Open
Industry-first embodied-native causal video-action model; dual-stream mixture-of-transformers architecture, unifies frame prediction and policy execution from scratch
Embodied
2026-07-11
—
—
—
Ant Group
LingBot-World 2.0
Open
Open-source world model generating hour-long, no-decay 720p/60fps interactive experiences with built-in dynamic agents; up from minutes-level in v1.0
Embodied
2026-07-09
—
—
—
Alibaba
RynnWorld-4D
Open
DAMO Academy release; generates robot's predicted future as joint RGB + depth + optical-flow stream for manipulation planning, not just 2D video
Embodied
2026-07-08
—
—
—
Ant Group
LingBot-VLA 2.0
Open
6B open-source cross-embodiment model; trained on 60K hrs real-world data across 20 robot morphologies from 17 manufacturers
Embodied
2026-07-08
—
—
—
Ant Group
LingBot-Vision
Open
1.1B-param ViT-g/16 self-supervised vision model using masked boundary modelling, trained on ~161M curated images; 4 sizes released under Apache-2.0
Embodied
2026-07-07
—
—
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Ant Group
LingBot-Depth 2.0
Closed
Next-gen monocular depth model paired with LingBot-Vision; claims to roughly halve robotic depth-estimation error in challenging scenarios
Embodied
2026-07-07
—
—
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Tencent
Hy3 (Hunyuan 3.0)
Open
295B total / 21B active + 3.8B MTP layer, 192 routed experts (top-8) + 1 shared; official release upgrades Apr 2026 preview, deployed across WeChat, Yuanbao, WorkBuddy
Text
25/100
2026-07-07
256K
$0.18/1M tokens
$0.60/1M tokens
Shengshu Technology
Vidu S1
Closed
Real-time interactive video model with voice-controlled avatars; 540p up to 42fps; runs on consumer-grade GPUs instead of server clusters
Video Gen
2026-07-03
—
—
—
Zhipu AI (Z.ai)
GLM-5.2
Open
753B params; Rolled out to all GLM Coding Plan tiers (Lite/Pro/Max/Team); standalone API + MIT open weights
Text
51/100
2026-06-01
1M
$1.40/1M tokens
$4.40/1M tokens
MiniMax
MiniMax-M3
Open
428B params (23B active); 1-million-token context window; novel attention mechanism called MSA; native multimodality
Multimodal
29/100
2026-06
1M
$0.30/1M tokens
$1.20/1M tokens
Moonshot AI
Kimi-K2.7-Code
Open
1T total params / 32B active, 384 experts, ~30% lower reasoning-token usage vs K2.6
Code
26/100
2026-06
256K
$0.95/1M tokens
$4.00/1M tokens
StepFun
Step 3.7 Flash
Open
198B total / 11B active params; 1.8B ViT vision encoder; 3 reasoning levels (low/med/high); ~400 TPS; Apache 2.0; supports NVIDIA NIM on-prem deployment
Multimodal
—
2026-06
256K
$0.2/1M tokens
$1.15/1M tokens
Meituan
LongCat-2.0
Open
1.6T para + MoE; trained on 50,000 domestic Chinese chips; next-gen flagship
Text
19/100
2026-06
1M
$0.75/1M tokens
$2.95/1M tokens
XPeng
VLA 2.0
Closed
Second-generation vision-language-action world model — deliberative reasoning, controllable generation, and long-horizon forecasting. Runs on 4 self-developed Turing AI chips (~3,000 TOPS effective) in the Robotaxi platform.
Embodied
2026-06
—
—
—
Alibaba
Qwen3.7-Max
Closed
Flagship closed-source reasoning model. Ranked #1 on Artificial Analysis Intelligence Index (29/100) out of 218 models at release. 1M token context window. Text-only (no multimodal). Architecture reportedly dual-72B. Extended thinking / chain-of-thought mode. Released May 19, 2026.
Text
29/100
2026-05
1M
$2.50/1M tokens
$7.50/1M tokens
Baidu
ERNIE 5.1
Closed
MoE successor to ERNIE 5.0. ~⅓ total params, ~½ active params, 6% of pre-training cost. AIME 2026: 99.6% with tool use (#2 globally). Arena Search: 1,223 (#4 global, #1 China). Released May 9, 2026.
Text
—
2026-05
128K
$0.59/1M tokens
$2.65/1M tokens
Baichuan AI
Baichuan-M4
Closed
Medical AI flagship (May 2026). World #1 on HealthBench, HealthBench Hard & HealthBench Professional. Hallucination rate 3.3% — industry low via factuality-aware RL. Surpasses GPT-5.5, Opus 4.7, DeepSeek-V4-Pro. Powers 百小医 AI family doctor.
Text
—
2026-05
—
—
—
ModelBest
MiniCPM-V 4.6
Open
1.3B multimodal model (SigLip2 + Qwen3.5-0.8B). 260K token context. Runs on consumer phones (iOS/Android/HarmonyOS). Launched May 2026.
Multimodal
—
2026-05
260K
—
—
ModelBest
MiniCPM5-1B
Open
1B language model with 128K token context. SOTA on-device LLM at its size class. Apache 2.0.
Text
—
2026-05
128K
—
—
Zhipu AI (Z.ai)
GLM-5.1
Open
754B flagship — top scores on AIME 2026 (95.3) and GPQA-Diamond (86.2); strong agentic and coding ability
Text
—
2026-04
200K
$0.98/1M tokens
$3.08/1M tokens
MiniMax
MiniMax-M2.7
Open
229B MoE; self-evolving agent — 30% perf gain over 100+ rounds; agent teams, complex skills, 24/7 background agents
Agent
2026-04
1M tokens
$0.28/1M tokens
$1.20/1M tokens
Moonshot AI
Kimi K2.6
Open
1T MoE (32B active), 256K ctx; native multimodal agentic — top SWE-Bench (80.2) and AIME 2026 (96.4)
Multimodal
—
2026-04
256K
$0.60/1M tokens
$2.50/1M tokens
DeepSeek
DeepSeek-V4-Pro
Open
Flagship MoE: 1.6T total / 49B active params, 1M context, FP4+FP8 precision, built-in Think/Non-Think reasoning modes. Codeforces rating 3206.
Text
—
2026-04
1M
$0.435/1M tokens
$0.87/1M tokens
DeepSeek
DeepSeek-V4-Flash
Open
Efficient MoE: 284B total / 13B active params, 1M context. Same architecture as V4-Pro at far lower compute cost. Codeforces 2816.
Text
—
2026-04
1M
$0.14/1M tokens
$0.28/1M tokens
Baidu
ERNIE-Image
Open
8B single-stream Diffusion Transformer (DiT). Best text rendering in open source (LongTextBench: 0.9733). Up to 4K output. Apache 2.0. Released Apr 15, 2026.
Image Gen
2026-04
—
$0.03/image
—
Ant Group
Ring-2.6-1T
Open
1T total params, ~63B active per token; adaptive reasoning via high / xhigh modes; up to 66K output tokens; open weights (MIT); released May 8 2026; free tier available on OpenRouter
Text
—
2026-04
262K
$0.075/1M tokens
$0.625/1M tokens
Ant Group
Ling-2.6-1T
Open
1T total params, ~63B active per token; fast thinking approach cuts token cost to ~1/4 of comparable models; open weights (MIT); released Apr 23 2026; free tier available on OpenRouter via Novita AI
Text
17/100
2026-04
262K
$0.075/1M tokens
$0.625/1M tokens
Ant Group
Ling-2.6-flash
Open
Efficient sparse MoE: 104B total / 7.4B active, hybrid linear attention. 340 tokens/s on 4× H20. Strong agent and tool-use performance.
Text
—
2026-04
262K
$0.10/1M tokens
$0.30/1M tokens
Tencent
Hy3-preview
Closed
295B MoE (21B active); reasoning, coding, and agentic workloads. Via Tencent Cloud TokenHub. Released Apr 23, 2026.
Text
—
2026-04
256K
¥1.2/1M tokens
¥4.0/1M tokens
Xiaomi
MiMo-V2.5-Pro
Open
1.02T MoE, 42B active; KV-cache reduced ~7×; latest generation
Text
26/100
2026-04
1M
$0.0036/1M tokens
$0.087/1M tokens
AGIBot
Genie Operator-2 (GO-2)
Closed
AGIBot's new-generation embodied foundation model, powering autonomous manipulation and locomotion across its AGIBOT A2 and X2 robot lines.
Embodied
2026-04
—
—
—
MOSI
MOSS-Audio
Open
Open audio understanding family with 4B and 8B backbones; supports speech, environmental sound and music understanding.
Audio
2026-04
—
—
—
Xiaomi
MiMo-V2-Pro
Closed
1T+ MoE, 42B active; hybrid attention; 1M token context
Text
—
2026-03
1M
$0.0036/1M tokens
$0.087/1M tokens
Unitree Robotics
UnifoLM-VLA-0
Open
Vision-Language-Action model enabling the G1 humanoid to autonomously perform household tasks from natural language commands. Runs onboard the robot. Open-sourced March 2026 — Unitree's first AI model release.
Embodied
2026-03
N/A
—
—
Kunlun Tech
SkyReels V4
Closed
Audio-visual creation model (Mar 2026). Dual-stream architecture; #1 globally on Text-to-Video (With Audio) and Image-to-Video (With Audio) tracks at release. Generates clips up to 3 minutes.
Video Gen
2026-03
—
—
—
Kunlun Tech
Mureka V9
Closed
Music generation model (Mar 2026). Paragraph-level text control; enhanced mixing quality, vocal expression, and style richness.
Audio
2026-03
—
—
—
Kunlun Tech
Matrix-Game 3.0
Closed
Physics-simulation interactive world model (Mar 2026). 5B params; 720P @ 40FPS; covers 1,000+ scenarios with Unreal Engine data. Industrial-grade real-time interactivity.
Text
—
2026-03
—
—
—
ByteDance
Seed2.0 Pro
Closed
ByteDance's flagship multimodal model. Understands text, image, and video. Ranks #3 globally on LMSYS Vision Arena and #6 on overall text arena. AIME 2025: 98.3, SWE-bench: 76.5%.
Multimodal
—
2026-02
272K
$0.47/1M tokens
$2.37/1M tokens
ByteDance
Seedream 5.0 Lite
Closed
Unified multimodal image generation with chain-of-thought visual reasoning, real-time web search, and native editing. Supports up to 14 reference images. Up to 4K output at 2048×2048.
Image Gen
2026-02
—
$0.026/image
—
ByteDance
Seedance 2.0
Closed
Unified audio-video joint generation model. Accepts text, image, video, and audio inputs; outputs native 2K video (up to 15s) with synchronized audio. 30% faster than Seedance 1.5 Pro.
Video Gen
2026-02
—
—
—
Alibaba
Qwen3.5
Open
Unified vision-language MoE family. Flagship: 35B-A3B (35B total / 3B active) and 397B-A17B. Thinking mode on by default. Supports image, video, text input. 201 languages. Apache 2.0.
Multimodal
—
2026-02
262K (1M w/ YaRN)
—
—
Alibaba
Qwen3-Coder-Next
Open
80B total / 3B active MoE coding agent. Excels at long-horizon agentic tasks, tool use, and IDE integration (Claude Code, Cline, Qwen Code). No thinking mode.
Code
—
2026-02
256K
—
—
Zhipu AI (Z.ai)
GLM-5
Open
754B MoE (40B active); 28.5T token pre-training; top-tier SWE-bench score of 77.8
Text
—
2026-02
200K
$1.40/1M tokens
$4.40/1M tokens
MiniMax
MiniMax-M2.5
Open
229B; SOTA SWE-Bench (80.2); 80% of MiniMax's own code generated by this model; M2.5-Lightning at 100 tok/s
Agent
2026-02
1M tokens
$0.30–$1.00/hr
$0.30–$1.00/hr
Baidu
ERNIE 5.0
Closed
2.4 trillion parameter unified multimodal (text + image + video + audio) in a single autoregressive framework. LMArena Text: 1,460 (#1 China, #8 global); Vision: 1,226 (#1 China, #8 global). Released Feb 6, 2026.
Multimodal
—
2026-02
128K
—
—
Ant Group
LingBot-VLA
Open
Open-source VLA foundation model trained on ~20,000 hours of real-world dual-arm robot data across 9 embodiments
Embodied
2026-02
—
—
—
Ant Group
Ring-2.5-1T
Open
World's first open-source 1T-parameter thinking model. Gold medal level at IMO 2025 (35/42 pts) and CMO 2025 (105/126). 3× throughput for sequences >32K.
Text
—
2026-02
256K
—
—
Ant Group
Ming-flash-omni-2.0
Open
Any-to-any omni model: accepts image, text, video, and audio; outputs image, text, and audio. 100B total / 6B active MoE. Supports zero-shot voice cloning and image generation/editing.
Multimodal
—
2026-02
—
—
—
Ant Group
LLaDA-2.1-flash
Open
Novel diffusion-based language model — not autoregressive. 103B params. Generates text by iterative token editing rather than left-to-right decoding. 102K monthly downloads.
Multimodal
—
2026-02
—
—
—
Baichuan AI
Baichuan-M3
Open
235B medical model (Feb 2026) built on Qwen3 architecture. Former world #1 on HealthBench. Hallucination rate 3.5%. Outperforms human doctors in diagnostic accuracy. 48GB VRAM with W4 quantization.
Text
—
2026-02
—
—
—
JD.com
JoyAI-LLM-Flash
Open
Open-sourced lightweight model — 4.8B total / 3B active params, pretrained on 20T text tokens. Released on HuggingFace as part of JD's open-source push.
Text
—
2026-02
—
—
—
Moonshot AI
Kimi K2.5
Open
1T MoE (32B active); trained on 15T vision+text tokens; thinking & instant modes; agent swarm support
Multimodal
—
2026-01
256K
$0.40/1M tokens
$1.90/1M tokens
DeepSeek
DeepSeek-OCR-2
Open
3B visual OCR model with document-to-markdown conversion, layout-aware grounding, and dynamic resolution. 1.66M monthly downloads.
Multimodal
—
2026-01
—
—
—
Tencent
HunyuanImage 3.0
Open
80B MoE (13B active); text-to-image and image-to-image with reasoning. Open weight on HuggingFace. Released Jan 26, 2026.
Image Gen
2026-01
—
—
—
Meituan
LongCat-Flash-Lite
Open
68.5B MoE, 2.9–4.5B active; fast and efficient
Text
—
2026-01
256K
—
—
AIsphere
PixVerse R1
Closed
Real-time world model; 1080p, <15s latency, physics-aware, infinite temporal continuity
Video Gen
2026-01
N/A
—
—
SenseTime
SenseNova V6.5 Omni
Closed
Real-time multimodal streaming model. Powers SenseChat's live audio/video interaction. Successor to V6 Pro.
Multimodal
—
2026-01
—
—
—
MOSI
MOVA
Open
Open joint video and audio generation model; 32B total parameters with 18B active.
Video Gen
2026-01
—
—
—
LimX Dynamics
FluxVLA Engine
Closed
LimX's Vision-Language-Action embodied-AI engine powering autonomous manipulation and locomotion on its humanoid and legged robots.
Embodied
2026
—
—
—
DeepSeek
DeepSeek-V3.2
Open
685B MoE with DeepSeek Sparse Attention (DSA). V3.2-Speciale variant won gold at 2025 IMO and IOI. 4.16M monthly downloads on HuggingFace.
Text
—
2025-12
128K
$0.252/1M tokens
$0.378/1M tokens
Kuaishou
Kling I2V 2.0
Closed
Image-to-video with industry-leading subject preservation
Multimodal
—
2025-12
N/A
$0.16/video (5s)
—
Xiaomi
MiMo-V2-Flash
Open
309B MoE, 15B active; trained on 27T tokens; open-source release
Text
22/100
2025-12
N/A
$0.01/1M tokens
$0.30/1M tokens
AIsphere
PixVerse V5.5
Closed
Text/image-to-video; HD output, multiple aspect ratios, character consistency
Video Gen
2025-12
N/A
—
—
Tencent
Hunyuan3D 3.0
Closed
3D asset generation from text, image, or sketch input
3D Gen
2025-11
—
—
—
iFlyTek
Spark X1.5
Closed
MoE reasoning model (29.3B total / 3B active parameters). Supports 130+ languages. Runs on a single Huawei Ascend server. Launched Nov 2025.
Text
—
2025-11
—
—
—
MiniMax
MiniMax-M2
Open
230B MoE (10B active); interleaved thinking; open-source under Modified MIT; free API available
Agent
2025-10
1M tokens
—
—
Infinigence AI
Megrez2-3x7B-A3B
Open
MoE edge model: 3×7B experts, 3B active parameters. Open-weight, Apache 2.0.
Text
—
2025-09
—
—
—
Alibaba
Qwen-Image
Open
Image generation and editing foundation model. Exceptional Chinese + English text rendering. Supports style transfer, object insertion/removal, layered editing, and depth/edge estimation. Released Aug 2025.
Image Gen
2025-08
—
—
—
ModelBest
MiniCPM-V 4.5
Open
8B multimodal model (Qwen3-8B + SigLIP2). Apache 2.0.
Multimodal
—
2025-08
—
—
—
Moonshot AI
Kimi k2
Open
Agentic model with tool use, web browsing, and code execution
Text
—
2025-07
128K
$0.57/1M tokens
$2.30/1M tokens
MiniMax
MiniMax-M1
Open
First open-weight large-scale hybrid-attention reasoning model; test-time compute scaling
Text
—
2025-06
1M tokens
$0.80/1M tokens
$2.20/1M tokens
MiniMax
Hailuo-02
Open
Physics-aware video generation; top-3 globally on VBench
Video Gen
2025-06
N/A
$0.06/video (5s)
—
Shengshu Technology
Vidu Q3
Closed
World's first storytelling-focused video model. Up to 16 sec, 1080p 24fps, native audio sync. Multilingual. Pro and Turbo variants. MCP integration.
Video Gen
2025-06
—
~$0.07/sec
—
Huawei
Pangu Ultra MoE (5.5)
Closed
718B-parameter MoE model (256 experts), trained on the full-stack hardware and software of Huawei Cloud's AI Cloud Service (CloudMatrix 384 supernodes). Part of the Pangu Models 5.5 family, which per Huawei Cloud's own release delivers upgrades across five capabilities: natural language processing, computer vision, multimodal, prediction, and scientific computing.
Text
—
2025-06
—
—
—
RedNote (Xiaohongshu)
dots.llm1
Open
RedNote's first open-source LLM — 142B total / 14B active params (MoE), pretrained on 11.2T high-quality tokens with no synthetic data. Performance comparable to Alibaba's Qwen2.5-72B.
Text
—
2025-06
32K
—
—
DeepSeek
DeepSeek-R1-0528
Open
Latest R1 update: 685B, adds system prompt support, deeper reasoning (23K avg tokens on AIME vs 12K prior). Distilled 8B version achieves 86% on AIME 2024.
Text
—
2025-05
128K
$0.50/1M tokens
$2.15/1M tokens
Kuaishou
Kling 2.0
Closed
4K-capable video generation; advanced camera controls and scene coherence
Video Gen
2025-04
N/A
$0.16/video (5s)
—
Kuaishou
Kolors 2.0
Open
Upgraded photorealistic image model; open-source available
Image Gen
2025-04
N/A
$0.004/image
—
SenseTime
SenseNova V6 Pro
Closed
620B MoE hybrid. Real-time audio/video streaming. Ranked #1 in China in multimodal reasoning at launch. Lowest reasoning cost in industry at launch (Apr 2025).
Multimodal
—
2025-04
256K
¥2.8/1M tokens
¥8.4/1M tokens
Kunlun Tech
Skywork-OR1-32B
Open
Open-source math and coding reasoning model (Apr 2025). 32B params; rivals DeepSeek-R1 on competitive programming benchmarks. 7B variant also available.
Text
—
2025-04
—
—
—
Qihoo 360
360Zhinao3-7B
Open
Latest open-weight 360Zhinao generation (Base / Instruct / O1.5 long chain-of-thought reasoning variant). Free for commercial use.
Text
—
2025-04
32K
—
—
Baidu
ERNIE X1
Closed
Baidu's first dedicated reasoning model with extended chain-of-thought
Text
—
2025-03
128K
$0.28/1M tokens
$1.10/1M tokens
Baidu
ERNIE 4.5
Closed
Improved multimodal and reasoning; best ERNIE for Chinese enterprise tasks. The flagship ERNIE 4.5 model is closed-source, though several variants in the ERNIE 4.5 family are openly available on HuggingFace.
Multimodal
—
2025-03
128K
$0.55/1M tokens
$2.20/1M tokens
StepFun
Step-3
Closed
StepFun's 2025 flagship; 1M token context and native reasoning mode
Text
—
2025-01
1M
$0.57/1M tokens
$1.42/1M tokens
Baichuan AI
Baichuan-M2
Open
32B medical reasoning model (2025) built on Qwen2.5-32B with innovative Large Verifier System for real-world clinical reasoning.
Text
—
2025-01
—
—
—
ModelBest
MiniCPM-o 2.6
Open
8B any-to-any model (text + vision + speech). Surpasses GPT-4o and Gemini 1.5 Pro on single-image understanding benchmarks. Launched Jan 2025.
Multimodal
—
2025-01
—
—
—
Kuaishou
Kling 1.6 Pro
Closed
Previous flagship; supports 1080p, 5-10s clips, camera controls
Video Gen
2024-12
N/A
$0.14/video (5s)
—
Infinigence AI
Megrez-3B-Omni
Open
3B omni model processing text, vision, and audio. Outperforms LLaVA-NeXT-Yi-34B on vision benchmarks. Optimised for on-device and edge deployment.
Multimodal
—
2024-12
—
—
—
Kunlun Tech
Skywork-o1
Open
Reasoning model (Nov 2024) — among China's first o1-style models with chain-of-thought Chinese logical reasoning. Open-source 8B variant (Llama 3.1 base) plus proprietary advanced version.
Text
—
2024-11
—
—
—
Qihoo 360
360Zhinao2-7B
Open
Second-generation 360Zhinao with Base and Chat variants at 4K / 32K / 360K context lengths.
Text
—
2024-11
360K
—
—
Baichuan AI
Baichuan4-Turbo
Closed
Enterprise flagship general LLM (late 2024). 10%+ usability gain vs prior generation; priced at ~80% of GPT-4o. Supports multimodal input.
Text
—
2024-10
192K
—
—
Baichuan AI
Baichuan4-Air
Closed
MoE variant (PRI architecture) of Baichuan4. High performance at low cost for API deployments.
Text
—
2024-10
192K
—
—
01.AI
Yi-Lightning
Closed
MoE flagship API model (Oct 2024). Ranked #6 on Chatbot Arena at launch — joint 3rd among LLM companies. 40% faster inference than prior Yi models. Final model before 01.AI halted pre-training in early 2025.
Text
—
2024-10
16K
$0.14/1M tokens
$0.14/1M tokens
01.AI
Yi-Coder
Open
Code model (Sep 2024); 1.5B and 9B variants; supports 52 programming languages; 128K context window.
Code
—
2024-09
128K
—
—
iFlyTek
Spark 4.0
Closed
Flagship LLM (Aug 2024). Claims comparable performance to GPT-4 Turbo on Chinese language benchmarks.
Text
—
2024-08
—
—
—
StepFun
Step-2
Closed
Very long context window; strong document understanding
Text
—
2024-07
256K
¥0.038/1K tokens
¥0.12/1K tokens
StepFun
Step-1X-Image
Closed
High-resolution image generation model
Image Gen
2024-07
N/A
¥0.04/image
—
01.AI
Yi-1.5
Open
Open-source series (May 2024); 6B–34B variants. Improved coding, math, reasoning, and instruction-following over original Yi.
Text
—
2024-05
—
—
—
Qihoo 360
360Zhinao-Search
Open
Retrieval + 1.8B reranking models that ranked #1 in the Retrieval and Reranking tasks of the C-MTEB leaderboard.
Embedding
2024-05
—
—
—
01.AI
Yi-VL-34B
Open
34B vision-language model (early 2024). Open-weight multimodal extension of Yi-34B.
Multimodal
—
2024-01
—
—
—
01.AI
Yi-34B
Open
Founding open-source model (Nov 2023). Topped HuggingFace Open LLM Leaderboard and C-Eval at launch. 200K-token context variant (Yi-34B-200K) also available.
Text
—
2023-11
200K
—
—
Kunlun Tech
Skywork-13B
Open
Founding open-source bilingual LLM (Oct 2023). 13B params; pretrained on 3.2T tokens. Led same-scale models on CEVAL, CMMLU, and MMLU at launch.
Text
—
2023-10
—
—
—
Baichuan AI
Baichuan2
Open
Open-source bilingual LLM series (Sep 2023); 7B and 13B variants; trained on 2.6T tokens. Available on Hugging Face under permissive license.
Text
—
2023-09
4K
—
—
JD.com
ChatRhino (言犀)
Closed
JD's 100B-parameter industry-focused LLM, blending 70% general data with 30% native supply-chain intelligence data for retail, logistics, finance, healthcare, and city-services applications.
Text
—
2023-07
32K
—
—
Meituan
LongCat-Image
Open
Image generation model, ~6B params; data-quality focused; released Dec 2025
Image Gen
—
N/A
—
—
MeituanChain-of-thought reasoning variant of LongCat-Flash
Text
—
—
256K
—
—
Meituan
LongCat-Flash-Chat
Open
560B MoE, 27B active; open-source; 500K free tokens/day
Text
—
—
128K
—
—
WeRide
WeRide GENESIS
Closed
Generative Engineered Neural Environment for Simulated Intelligence in Self-driving. WeRide's proprietary general-purpose simulation platform combining physical AI with generative AI. Rapidly builds photorealistic simulated cities in minutes, generates diverse edge-case scenarios from billions of km of real-world data, and models realistic pedestrian and driver behavior — all at centimeter-level fidelity. Supports L2++ through L4 AV development and validation via four modules: AI Scenarios, AI Agents, AI Metrics, and AI Diagnosis.
Embodied
—
—
—
—
Pony.ai
PonyWorld 2.0
Closed
Second-generation world model underpinning the Virtual Driver L4 autonomous driving platform. Introduces an Intention layer — a structured representation of decision-making that enables the system to evaluate its own driving decisions, identify accuracy gaps across scenarios, and direct targeted data collection rather than broad undirected improvement. Direct sensor-to-action architecture with no language models in the inference pipeline; runs on 1016 TOPS across three NVIDIA DRIVE Orin-X SoCs with redundant failover.
Embodied
—
—
—
—
Unisound
UniGPT (Shanhai 山海)
Closed
60B+ parameter general large model (v5.0); underpins all Unisound vertical products. Medical, enterprise, and consumer deployments.
Text
—
—
—
—
—
Unisound
U2-ASR 2.5
Closed
First LLM-based semantic ASR model for Chinese. Covers 100+ dialects across 7 dialect systems. >90% accuracy. Available via Token Hub API.
Audio
—
—
—
—
Unisound
U2-TTS / U2-TTS-Clone
Closed
Text-to-speech and voice cloning with full-duplex millisecond response. Available via Token Hub API.
Audio
—
—
—
—
Unisound
U1-OCR
Closed
Industrial-grade document intelligence model for OCR and document understanding. Launched February 2026.
Multimodal
—
—
—
—
—
MOSI
MOSS-TTS
Open
Open speech generation model for voice cloning and multilingual synthesis.
Audio
—
—
—
—
Galbot
AstraBrain
Closed
Embodied model system integrating perception, decision-making, manipulation and whole-body control for Galbot robots.
Embodied
—
—
—
—
Galbot
GraspVLA
Open
Vision-language-action model for grasping, pretrained on billion-scale synthetic action data. Developed by Galbot and academic partners; code and checkpoints are linked on the project page.
Embodied
—
—
—
—
Disclosed, 2026 YTD
Funding & Markets
Private funding rounds and public market data for China's leading AI companies
50
Companies tracked
27 public · 23 private
27 public · 23 private
~$49.6B
AI startup funding
12 AI-native cos
12 AI-native cos
Compare companies →
Valuation, total funding & AI ARR, side-by-side
Most Active Investors
1
Tencent
16
2
HongShan Capital
12
3
Alibaba
12
4
IDG Capital
10
5
Shunwei Capital
7
Derived live from 180 rounds
ByteDance
PRIVATE
Valuation$600B
Total Raised~$42.21B+
AI ARR$4B
Alibaba
BABA / 9988.HK
Market Cap—
Cloud Revenue (FY25)¥158B
AI ARR¥10B
Zhipu AI (Z.ai)
2513.HK
Market Cap—
Total Raised$10.79B
AI ARR$1.6B
MiniMax
0100.HK
Market Cap—
Total Raised$2.17B
AI ARR$800M
Moonshot AI
PRIVATE
Valuation$50B
Total Raised~$8.2B+
AI ARR$1B
DeepSeek
PRIVATE
Valuation$74B
Total Raised$22.06B
AI ARR$1B
StepFun
PRIVATE
Valuation$10B
Total Raised$3.23B+
Last Round2026
Baidu
BIDU / 9888.HK
Market Cap—
ExchangeNASDAQ: BIDU · HKEX: 9888
Founded2000
Ant Group
PRIVATE
Valuation$79B
Total Raised$20.53B+
Last Round2020
Tencent
0700.HK
Market Cap—
Revenue (FY25)¥751.8B
Founded1998
Kuaishou
1024.HK
Market Cap—
ExchangeHKEX: 1024
Kling ARR$500M
Xiaomi
1810.HK
Market Cap—
Revenue (FY25)¥457.3B
Founded2010
Meituan
3690.HK
Market Cap—
Revenue (FY25)¥364.9B
Founded2010
AIsphere
PRIVATE
Valuation$2B
Total Raised~$669M+
Last Round2026
Unitree Robotics
688836.SS
Market Cap—
FY2025 Revenue¥1.71B
Founded2016
SenseTime
0020.HK
Market Cap—
Revenue (FY25)¥5.01B
Founded2014
Baichuan AI
PRIVATE
Valuation$2.7B
Total Raised$1.04B
Last Round2024
01.AI
PRIVATE
Valuation$1B
Total Raised$300M+
Last Round2024
Kunlun Tech
300418.SZ
Market Cap—
Revenue (FY25)¥8.2B
Founded2008
Evoken
PRIVATE
Valuation$2B
Total Raised$430M+
Last Round2026
iFlyTek
002230.SZ
Market Cap~¥190B
FY2025 Revenue¥27.1B
Founded1999
Infinigence AI
PRIVATE
ValuationUndisclosed
Total Raised~$251M+
Last Round2026
Enflame Technology
688801.SS
Market Cap—
FY2025 Revenue¥990.2M
Founded2018
SiliconFlow
PRIVATE
Valuation¥7.7B
Total Raised$419M
Revenue¥55.3M
Cambricon
688256.SS
Market Cap—
FY2025 Revenue¥6.5B
Founded2016
ModelBest
PRIVATE
Valuation¥20B
Total RaisedUndisclosed
Last Round2026
Moore Threads
— (SSE)
Market Cap—
FY2025 Revenue¥1.505B
Founded2020
WeRide
WRD / 0800.HK
Market Cap—
FY2025 Revenue~$93.6M
Founded2017
Pony.ai
PONY / 2026.HK
Market Cap—
FY2025 Revenue$90.0M
Founded2016
Shengshu Technology
PRIVATE
ValuationUndisclosed
Total Raised~$440M
Last Round2026
DiDi Autonomous Driving
PRIVATE
ValuationUndisclosed
Total Raised$1.39B+
Last Round2025
Unisound
9678.HK
Market Cap—
FY2025 Revenue¥1.21B
Founded2012
Momenta
06880.HK
Market Cap—
FY2025 Revenue¥2.4B
Founded2016
Qihoo 360
601360.SS
Market Cap~$10.1B
Market Cap~$10.1B
Founded2005
CXMT
688825.SS
Market Cap—
IPO Proceeds~$8.6B
Founded2016
Manus (Butterfly Effect)
PRIVATE
Valuation$4B
Total Raised$575M
Last Round2026
LimX Dynamics
PRIVATE
Valuation¥15B
Total Raised~$400M+
Last Round2026
XPeng
XPEV / 9868.HK
Market Cap—
ExchangeNYSE: XPEV · HKEX: 9868
Founded2014
AGIBot
PRIVATE
Valuation~$1.5B+
Total Raised$84M+
Last Round2025
Huawei
PRIVATE
FY2025 Revenue¥880.9B
R&D Investment¥192.3B
Founded1987
Pragmatik Labs
PRIVATE
Valuation$2B
Total Raised$220M
Last Round2026
RedNote (Xiaohongshu)
PRIVATE
Valuation~$70B
Total Raised~$917M+
Last Round2026
JD.com
JD / 9618.HK
Market Cap—
FY2025 Revenue¥1,309.1B
Founded2004
Biren
6082.HK
Market Cap—
FY2025 Revenue¥1.035B
Founded2019
Hesai
HSAI / 2525.HK
Market Cap—
FY2025 Revenue¥3.028B
Founded2014
MOSI
PRIVATE
ValuationUndisclosed
Total Raised~$147M+
Last Round2026
MetaX
688802.SS
Market Cap—
FY2025 Revenue¥1.644B
Founded2020
UBTECH
9880.HK
Market Cap—
FY2025 Revenue¥2.001B
Founded2012
Galbot
PRIVATE
Valuation$3B
Total Raised~$904M+
Last Round2026
Today AI
PRIVATE
ValuationUndisclosed
Total Raised>$200M
Last Round2026
Data methodology: Funding data on this page is compiled from publicly available sources — company press releases, regulatory filings, and media reports — and fact-checked by Tony Peng with the assistance of AI. Where a round appears in both a company disclosure and press report, company disclosure takes precedence. All figures may be approximate.
Shipped Products
Applications
AI products from China's leading companies, by category
Est. 2026
The essential tracker for China's AI ecosystem
One place to follow every major model release, funding round, product launch, and breakthrough from China's AI ecosystem.
Tony Peng
AI observer · Journalist · Communications professional
China AI Index is a research project built and maintained by Tony Peng — a long-time observer of the AI industry with a background in journalism and communications — with the assistance of AI (Claude Code, Qoder, and Z Code). Tony is also the writer behind Recode China AI, a newsletter tracking the latest advances and news stories in intelligent technologies.
It exists to give English-speaking researchers, investors, journalists, and developers a structured reference for China's AI ecosystem — most authoritative information is published in Chinese, and this site translates and synthesizes it.
What we track
Models
Every major LLM, reasoning model, vision model, and generative AI model from Chinese labs — with benchmark scores, context windows, and live API pricing so you can compare apples to apples.
Financing
Full funding histories for private companies (ByteDance, DeepSeek, MiniMax, Moonshot…) and market data for public ones (Alibaba, Baidu, Tencent, Kuaishou). Valuations, investors, round sizes.
Newsfeed
News covering model launches, research breakthroughs, product announcements, and strategic moves — presented in a clean timeline with company tags and category filters.
People
Key founders, CEOs, CTOs, and researchers behind China's AI labs — with titles, Chinese names, and links to their social profiles so you know the faces shaping the industry.
Members
Regulation
A timeline of China's AI rules — generative AI measures, algorithm filing requirements, model approval lists, data law touchpoints, and provincial subsidy programs. Click any entry for the original text.
Members
Chips
Domestic AI accelerators, training clusters, and memory chips — specs, interconnect bandwidth, process nodes, and deployment status for China's emerging chip ecosystem.
Data Disclaimer
All pricing, benchmark scores, funding amounts, and valuations are sourced from public company announcements, tech media reporting, and developer documentation. They are provided for informational purposes only and may be approximate or subject to change.
Stock prices shown are approximate historical ranges — not real-time quotes. Always verify with a live financial data source before making investment decisions. Benchmark scores reflect results at the time of model release and may not account for subsequent updates.
This database is independently maintained and has no affiliation with any of the companies listed. Information is updated manually on a best-effort basis.
China AI Regulation
A timeline of generative AI rules, algorithm filing requirements, model approval lists, and data law touchpoints — with links to original texts
2026
Sep
Extends the August deployment-side guide upstream to agent system development. Together the two documents suggest TC260 is building a build-and-run pair for agents ahead of any binding rule.
View Official Text ↗
2026
Sep
Four documents released together, the start of a general-plus-sector series. The General Principles apply across all industries; the other three give sector-specific security practice guidance for education, health, and broadcasting/online audiovisual. Drafting units include CESI, the NRTA research academy, NHC and MOE information centers.
View Official Text ↗🔒 14 more regulations — Paid Subscribers Only
You're viewing the first 2 entries free. The full regulation timeline — 16 laws, measures, and strategy documents back to 2017 — is included with a paid Recode China AI subscription.
China's Chip Ecosystem
Domestic AI accelerators, large-scale training clusters, and memory chips — tracking the hardware layer behind China's AI buildout.
AI Accelerators
Clusters & Supernodes
Memory & HBM
Role
Precision
| Company | Chip | Role | Peak Compute | Memory Tech | Capacity | Bandwidth | Interconnect Bandwidth |
TDP | Process | Status | Highlights |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MetaX ↗ | C500 |
Training / Inference |
—
Multi-precision GPU
|
— | 64 GB | — |
—
MetaXLink (2 / 4 GPUs)
|
350 W | — | Production | General-purpose PCIe GPU for model training, inference and data processing; MXMACA software stack. |
| Huawei ↗ | Ascend 910B |
Training |
256 TFLOPS
BF16
|
HBM2e | 64 GB | 2.0 TB/s |
392 GB/s
HCCS 3.0
|
400 W | SMIC N+2 | Production | Most-deployed domestic training chip. Used at Alibaba, ByteDance, Baidu, and Tencent. |
| 🔒 19 more accelerators — paid subscribers only | |||||||||||
Specs marked ~ are estimates from third-party analysis. Click any column header to sort. Interconnect Bandwidth = chip-to-chip fabric bandwidth per chip (bidirectional).
| Cluster / Supernode | Operator | Chip | Chip Count | Total Compute | Interconnect Fabric | Notes |
|---|---|---|---|---|---|---|
Atlas 900 A3 SuperPoD (CloudMatrix 384) |
Huawei Cloud | Ascend 910C | 384 |
300 PFLOPS
FP16
|
All-optical (OXC) | Huawei's current-generation supernode. Uses optical circuit switching (OXC) for low-latency inter-chip communication. Announced April 2025 as a full-stack domestic alternative to Nvidia GB200 NVL72. |
Atlas 950 SuperPoD |
Huawei Cloud | Ascend 950 | 8,192 |
8 EFLOPS
FP8
|
16.3 PB/s aggregate | Next-generation supernode targeting 2026 delivery. 1,152 TB total memory. Full liquid cooling. Footprint larger than two basketball courts. Would represent a major leap in domestic training capacity if delivered at spec. |
| 🔒 3 more clusters — paid subscribers only | ||||||
Cluster sizes and compute figures are from official announcements or credible press reports.
| Company | Product | Type | Capacity | Bandwidth | Process | Status | Notes |
|---|---|---|---|---|---|---|---|
| CXMT ↗ | DDR5 |
DDR | 16–32 Gb dies | ~6400 MT/s | ~16nm (G4) | Production | CXMT's latest-generation DDR5, unveiled Nov 2025 — its push into the high-end DRAM market against Samsung, SK Hynix, and Micron. |
| CXMT ↗ | LPDDR5X |
LPDDR | Mobile | ~8533 MT/s | ~16nm | Production | Low-power mobile DRAM for smartphones and edge/AI devices. |
| 🔒 2 more memory chips — paid subscribers only | |||||||
DRAM, HBM, and NAND from Chinese memory makers. Specs marked ~ are estimates from third-party analysis or press reports.