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Technology News | Technology Week Review (5.4–5.9)
DeepSeek’s fundraising goal up to 50 billion RMB
The Information reports that DeepSeek’s fundraising goal is up to 50 billion RMB (approximately $7.35 billion). If finalized, this will set a new record for the largest single-round funding for a Chinese AI company, and DeepSeek’s valuation will reach 350 billion RMB (about $51.5 billion).
Zejue Xingchen to complete nearly $2.5 billion in funding, accelerating Hong Kong IPO
On May 8, it was announced that Zejue Xingchen will complete nearly $2.5 billion in funding, speeding up preparations for a Hong Kong IPO, potentially becoming another domestic large model company listed in Hong Kong besides Zhipu and MiniMax.
It is reported that the latest financing round saw concentrated participation from industry chain capital, including Huawei Qian, Longqi, HaoWei, ZTE, covering multiple segments from complete machine manufacturing to upstream core components.
2026 Yushu UniStore official shared application platform fully launched
On May 7, Yushu UniStore’s official shared application platform was officially fully launched. This platform is the world’s first humanoid robot task action app store, accessible to all users.
The Dark Side of the Moon may complete $2 billion in new financing
According to LatePost, The Dark Side of the Moon is about to complete a new round of $2 billion (approximately 13.68 billion RMB at current exchange rates) in financing, with post-investment valuation surpassing $20 billion (about 136.8B RMB at current exchange rates). The round is led by Meituan Longzhu, with China Mobile, CPE (CITIC Industry Fund), and others participating, including Longzhu investing over $200 million.
OpenAI begins gradually launching a test version of the self-service ad manager in ChatGPT
On May 6, OpenAI announced the rollout of a test version of the self-service ad manager, allowing advertisers within the U.S. to register and directly purchase ads to display in ChatGPT. (Cailian Press)
Doubao will add paid subscriptions outside the free mode
Recently, a paid version service statement appeared on Doubao’s App Store page. The statement says that to better serve professional users, Doubao will launch a paid version with more value-added services based on the free version. The page also disclosed three subscription plans: Standard Edition at 68 RMB per month (688 RMB annually), Enhanced Edition at 200 RMB per month (2048 RMB annually), and Professional Edition at 500 RMB per month (5088 RMB annually).
Currently, related paid options and features have not been seen in Doubao products. Doubao’s official response states, “Doubao has always provided free services. Based on the free service, Doubao is also exploring the launch of more value-added services to meet the diverse needs of different users. The details of these plans are still in testing; full information will be announced through official channels when officially launched.”