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Thursday, October 8, 2026
Shanghai
provincial-level municipality in China
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DeepSeek’s annualized revenue run rate reached about $1B, more than double a few months ago after API fees rose 2.3–4.5x; Liang shared the figure with investors, unconfirmed by the firm.
Tencent-backed Enflame Technology surged about 200% in its Shanghai STAR Market debut after raising 6.12 billion yuan in its IPO, with the stock trading around 430 yuan and the company valued far above its IPO price. The listing, part of China’s push to build home-grown AI chips, shows Enflame’s strong investor interest despite ongoing net losses and a heavy reliance on Tencent as both a shareholder and customer as it eyes next-generation chips.
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Shanghai Brings China-US Cultural Exchange to Washington
Oct. 3, 2026: Future Resonance — ShanghaiEye Night put Chinese and American artists on the National Mall; Xie Feng cited a pledge to invite 100,000 young Americans to China.
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