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During the National Day holiday period, notable activities unfolded among domestic AI enterprises: DeepSeek is on the verge of finalizing funding of at least 80 billion yuan, with the potential total nearing 100 billion yuan. Meanwhile, Moonshot AI, the parent company of Kimi, successfully completed a fresh funding round, achieving a valuation of around 50 billion US dollars. It is also progressing with plans for a Hong Kong listing in the first quarter of the upcoming year. Additionally, Tencent entered into an overseas computing power leasing agreement with Oracle, valued at approximately 7 billion US dollars. This agreement involves leasing multiple data centers across Southeast Asia to secure roughly 100,000 high-end AI chips, thereby fulfilling the computational requirements of its AI strategy.
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