#DeepSeekToClose10BillionYuanFunding
Reports from October 13 suggest DeepSeek is closing a massive new funding round, which has grown from an initial 50 billion to roughly 100 billion RMB, at a pre-money valuation of around 500 billion RMB. With Tencent and CATL reportedly leading, and a planned IPO in early 2027, the real story isn’t just the size of the check. It’s what the structure, the investors, and the timeline reveal about where the AI market is heading.
The Deal Dynamics: Discipline Amidst Demand
Doubling the raise while keeping the valuation flat suggests strong demand but disciplin

TENCENT-0.14%

CATL-1.94%

Alek_Carter10 minutes ago

$ETH bounced back after touching $2,400.
RN, ETH needs to get back above $2,550.
Otherwise, we might see again drop towards $2,400.
#SanDiskPlunges6%MemoryStocksFall #WillYouBuyDipInKoreanStocks

ETH-1.71%

智赢舵手 11 minutes ago

$XRP
Ripple’s sidekick Evernorth went to Nasdaq to ring the bell, clutching a truckload of XRP and cash reserves, instantly becoming the top dog among publicly traded companies by holdings. Now this is a truly effortless win—if the big players are this confident, what’s there to panic about? The trend is crystal clear; just follow it and you’re set.😎 This mini bull run is on.🤝

XRP-2.83%

CryptoChampion2 hours ago

GateSquare2026-10-13 07:49:14

🏆 WCTC S9 Leaderboard Guide Is Here—Choosing the Right Track Is Crucial
The competition officially begins on October 26. With three leaderboards, which one are you preparing to compete for? 🔥
👥 Team Competition: Accumulated converted trading volume, putting your team’s overall strength to the test
🏅 Individual Competition: Compete for a spot in the top 300; participants ranked 301–1000 can also receive experience ticket rewards
⚡ Event Contract PK Competition: One round every 30 minutes, testing your judgment and number of wins
💡 Trading volume weighting is also key to climbing the leaderboard:
🔥 Stocks / Event Contracts: 200%
📈 Spot / ETFs / Flash Swap: 150%
💎 Futures: 100%
The same trading volume may have significantly different conversion weights across tracks.
Are you preparing to team up and compete for the leaderboard, or challenge the rankings solo?
Bring #GateWCTCS9全球交易赛 to Gate Square to discuss your competition strategy and team recruitment plans, and find leaderboard partners in advance.
🎁 Square events are also taking place simultaneously. Form a team, share your results, discuss strategies, and take part for a chance to earn additional rewards.
👉 WCTC S9 Competition Entrance:
https://www.gate.com/competition/wctc-s9
👉 Square Event Entrance:
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LittleFishFlashingan hour ago

Lao Xu has been appearing in public frequently lately, and I’m starting to find it a little unusual. 😂
In my memory, he seemed to have barely appeared on camera for years, and his profile picture was always that Bored Ape.
So the Lao Xu in my mind has always been this crypto mogul portrayed as an ape hiding behind the scenes, quietly observing the ups and downs of the crypto world, with a cigar in hand.
Now that he’s suddenly appearing on camera in person and taking photos with people, he actually seems surprisingly down-to-earth.
And... he looks kind of handsome! Hahaha.
But seriously, Lao X

BlackoutCryptoBoy2 hours ago

#GateXRedBullWinsSingaporeGP A Historic F1 Victory and the Future of Web3
Max Verstappen’s 73rd career victory at Marina Bay represents another remarkable milestone in Formula 1 history. Winning at the Singapore Grand Prix requires more than raw speed. The Marina Bay Street Circuit is known for its challenging corners, demanding conditions, and the precision required to maintain performance under pressure. Every decision, every pit stop, and every lap can make a difference between victory and defeat.
Max’s achievement highlights the importance of consistency, strategic thinking, and the abili

CryptoGladiator37 minutes ago

Bitcoin Market Update Today 📊

LIVE1,694

EvieSet2 hours ago

$HYPE
While breakout skeptics sell into local corrections, this 1-day chart on $HYPE is completing a classic wave structure for a massive impulse move higher.
After completing a 5-wave motive cycle up to local highs and finishing an ABC corrective pullback near support at $83.13 , price is holding firmly above macro trendline support. The projected path shows a new 5-wave impulsive sequence developing from wave (C) support toward ultimate targets at $149.74 .
Holding above the invalidation level at $72.61 keeps the bullish macro expansion thesis active, targeting initial sub-wave targets b

HYPE-5.15%

ThisIsTranslateContent:an hour ago

#GateX红牛F1新加坡站夺冠 #每周来晒 Max's 73rd win + Gate × Red Bull: F1 is about speed, while Web3 is about "earning while watching" 🏁

First, a score for Max's performance in Singapore this round: perfect. Starting from pole, leading all 62 laps, winning both the sprint and main race, his 73rd Grand Prix victory + 50th pole + 250th career race milestone—and especially his first career win at the Marina Bay street circuit (high heat and humidity, widely considered the most difficult), previously one of Max's relatively "weakest" tracks. "Conquering the final weakness" says more than any statistic. Red B

POLYMARKET+0.50%

Sleepy0x13 7 minutes ago

Character AI is shutting down; its founders have returned to Google, its CEO has gone to Disney, and in the end, perhaps only the users who have chatted with AI for years will be reluctant to leave.
On October 12, it formally filed for bankruptcy protection. Disney offered $20 million, but only wanted a permanent, non-exclusive license to some of its intellectual property and made no commitment to take over the platform. If no new buyer is found before the end of the year, this AI community, which once had more than 20 million monthly active users and 100 million user-created characters, could

DIS+0.38%

WindriseFinance 3 hours ago

Financial News, Crypto Updates, Real Trading Strategies

LIVE1,713

MamonTrader24 minutes ago

US Stock Futures Trading Competition: 3 USDT on Your First Trade, Up to 8,000 USDT in Rewards https://www.gate.com/campaigns/6509?ref=BVVEVQ9c&ref_type=132

US-20.58%

Cryptolishaan hour ago

#GateEarnLimitedTimeBonus 🎁🚀 #GateEarnLimitedTimeBonus 💰
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GateUser-92b83b15 2 hours ago

Imagine @MSTR2100 at full send and everyone suddenly discovering “scarcity” like Satoshi didn’t explain this years ago.
CT never changes. 😂
21,000,000 bitcoin:native = 21,000,000 ethereum:0x42069026eac8eee0fd9b5f7adfa4f6e6d69a2b39
@MSTR2100 IS THE MEMECOIN OF BITCOIN.

SCARCITY-4.29%

CT+15.84%

BTC+0.12%

ETH-1.71%

CryptoMishuan hour ago

🔥 Gate Live Global Streamer Weekly Incentives — Cash Rewards Upgraded
💰 More cash rewards for global streamers! All eligible streamers can now earn cash rewards every week.
✅ Go live 3+ valid streams per week to qualify
🏆 Top 100: Up to 30 USDT + exclusive perks
All other eligible streamers: Share $100 USDT in cash + $5,000 in position vouchers
Stream consistently, climb the leaderboard, and claim your rewards
👉 Go Live: https://www.gate.com/live?type=apply
📢 Details: https://www.gate.com/announcements/article/102064

GateLive2026-10-13 09:05:05

ThisIsTranslateContent:Pi 10 minutes ago

Criticizing #PiNetwork is easy—a single “slow and unclear” is enough; building is hard: KYC, positioning, nodes, the ecosystem, and compliance—every step requires finding feasible solutions within real-world constraints.
Bystanders can stand on the moral high ground and comment on right and wrong, but project teams must bear the cost through action and credibility.
The real difference is not who can identify problems, but who can keep moving forward under imperfect conditions.
Pi may not be perfect, but action is closer to the answer than empty talk.

PI-2.78%

LittleGodOfWealthPlutusan hour ago

#每周来晒 #GateX红牛F1新加坡站夺冠 #WCTCS9
F1+Web3? The New Gate Crossover Experience I’m Looking Forward to Most
Gate and Red Bull have already launched the IN THE MOMENT co-branded digital collectibles, turning Red Bull’s iconic race highlights into on-chain collectibles. Collecting a complete set also unlocks in-person race viewing and driver meet-and-greet benefits, connecting on-chain digital assets with real-world F1 experiences—this is an excellent starting pointOracle Red...。With this championship moment at the Singapore Grand Prix, we can also look forward to more possibilities:
1. Limited-editi

ORCL-2.88%

Analystfavvy 2 hours ago

My friend caught me up 😂😂 lol
Thank God for his grace.
Proud of the young super lady I am. Less noise, just focused on things that matter while building myself, my family, my vision and people around me both offline and online..
It can only get better and bigger from here. Oluwa gat his baby girl
Gm from #AnalystFavvy

MamonTrader2 hours ago

WCTC S9 Gate Square Carnival: Team Up, Share & Win a Share of 50,000 USDT + GT https://www.gate.com/campaigns/6559?ref=VLARBF1YAG&ref_type=132

CryptoChampion2026-10-13 08:27:03

WCTC S9 Gate Square Carnival: Team Up, Share & Win a Share of 50,000 USDT + GT https://www.gate.com/campaigns/6559?ref=VLARBF1YAG&ref_type=132

GT-2.36%

CryptoMishuan hour ago

#DeepSeekToClose10BillionYuanFunding
This mega-round—potentially reaching **100 billion yuan (~$14.9 billion USD) at a 500 billion yuan (~$75 billion USD)** pre-money valuation—is a defining landmark for the domestic Chinese AI landscape. Doubling the initial target from 50 billion yuan reflects immense domestic demand and strategic backing as DeepSeek prepares for a planned 2027 IPO (likely targeted for the Shanghai STAR Market).
Here is a breakdown of what this funding signifies across strategic, economic, and geopolitical lines:
1. Capital Consolidation on Proven Winners
Rather than spre