DeepSeek
DeepSeek is a Chinese AI company founded by Liang Wenfeng, originally incubated from quantitative trading firm High-Flyer Quant . It emerged from relative obscurity in early 2025 to become a major global competitor to OpenAI, with its R1 reasoning model and V3 foundation model directly challenging ChatGPT, GPT-4o, and o1 on both capability and cost .
The company's technical approach centers on engineering optimization rather than new paradigms: DeepSeek-V3's 671B-parameter Mixture-of-Experts architecture activates only 37B parameters per token, using innovations like Multi-head Latent Attention, Multi-Token Prediction, and FP8 mixed-precision training to slash costs . It sparked a price war in mid-2024 when V2's API pricing hit 1/35th of GPT-4's rates, forcing domestic rivals to follow suit with steep cuts . R1, released in January 2025, was notable as the first open-source "thinking" model—its training methodology disclosed in detail, letting developers replicate and prompt its reasoning process itself .
DeepSeek's open-source strategy has been central to its impact. As Fusion Fund's Lu Zhang noted, it proved open models could surpass closed ones while running on simpler infrastructure, galvanizing global developer interest . By late 2025, however, its growth had cooled: mobile monthly active users fell 22% from peak, web traffic over 40% .
The company raised substantial external funding in 2026, with IDG Capital and Monolith contributing roughly RMB 3 billion each, Loyal Valley Capital and Shixiang Tech around RMB 1.5 billion apiece—drawn from insurers, state capital, and consumer brands like Nongfu Spring . Liang has maintained unusual autonomy, reportedly willing to assist even rival AI firms provided they don't poach talent .
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Coverage
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Salty jokes, sweet jokes.
The Next App Boom Opportunity: When Real-Time Video Generation Arrives
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An Objective Look at the Agent Battle Between ByteDance, Alibaba, and Tencent
Sis Dou killed your little Dou-shark.
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A Guide to Getting Big Results from Big Models
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Qiming Star | StepFun's Yibo Zhu: In the Agent Era, AI Infrastructure Must Optimize Intelligence, Speed, and Cost | WAIC 2026
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Only second-rate models do anonymous benchmark bragging
What the hell is the whole bull market coming for if the big models can't even guess your horse? --- *Note: This appears to be Chinese internet slang/meme language. "牛来" (niú lái) = "bull market coming" (from crypto/stock trading slang). "猜你马" (cāi nǐ mǎ) is a vulgar homophone of "猜你妈" (guess your mom), used here to express frustration that AI models can't predict things accurately — roughly equivalent to "what's the point" or "this is useless." The tone is crude and exasperated, typical of Chinese social media shitposting.*
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If the AI industry starts "popping bubbles," which category of companies would be the first to get repriced?
What Are Investors Worried About After AI's Hottest Six Months?
If the AI industry starts "deflating," which category of companies will be the first to get repriced?
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Building houses and rules for AI Agents.
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The big one is actually here.
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Be AI Native.
Nile Founder Dai Haozhuang Helps Brands Open Stores in the Agent World
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The Young Man Who Went to Baidu to Build Models
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May God bless Qwen and save Alibaba
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Not an ad, didn't actually get paid for this.
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Audio-driven video, dual-engine monetization reaching eight-figure ARR.
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In-home lobster installation, waiting in line for lobster installation — that's way too janky. He built a desktop lobster that installs in 60 seconds | A conversation with Song Jian, founder of DeskClaw
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An AI short series based on Cixin Liu's work hit 100 million views, but he says there will be no more sci-fi novels in the future | A conversation with Stanley Chan
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Jinjian Zhang: The Process of Living Out Your Vision Is Participating in the Vitality of Life
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This Spring Festival, we handed everyday, down-to-earth questions off to Xiaotuan AI.
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Vibe Coding, Act Two: The Big Four, and Those Who Want to Win | A Conversation with Guangxiang Zhu, Baidu Miaoda Product GM
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Vibe Coding: The Second Half — The Four Kings and Those Who Want to Win | A Conversation with Zhu Guangxiang, Baidu Miaoda Product GM
What Future Does He See That We Don't? | A Conversation with 18-Year-Old Tu Jinhao: Former DeepSeek Intern, Alibaba Math Competition AI Track Champion
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"What will become of the human condition?"
StepFun Closes New 5 Billion Yuan Funding Round: Racing for Endpoints, Crunching Numbers, and the Ultra-Marathon Ahead
StepFun has raised 5 billion yuan in fresh funding, setting a new single-round record for the sector over the past 12 months, as the battle for end-user devices heats up.
StepFun's Major "Step": Over 5 Billion Yuan in B+ Round Funding, Qi Yin Formally Appointed Chairman
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Independent Variable Robotics' Qian Wang: China will produce the world's top embodied AI company, aiming to be the OpenAI of embodied intelligence | Founders Talk
Lands the Year's Biggest Robot Funding Round to Date
PixVerse Builds World Models Like It's Dreaming
A model with strong agency
Jinjian Zhang: In the Age of AI, Live as Yourself
"Long Action, Short Thinking"
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Oasis Capital Portfolio Company MiniMax Founder Junjie Yan Attends Premier Sam Li's Symposium | Oasis Vitality
Counselor Vitality
"Claude Cowork Killed My Startup"
AI is no longer merely something we operate and interact with — it's starting to become a coworker.
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What if you could summon an intelligent organization like ByteDance at any moment?
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MiniMax Goes Public: The $1.5 Billion Fundraising Blitz, 15 Reasons Investors Bet on It, and How Long Each One Lasts
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Qiming View | William Hu: China's Innovation Is Moving From Scattered Breakthroughs to Large-Scale, Comprehensive Advances
Over the next 5–10 years, more highly original R&D breakthroughs are expected to emerge from Chinese labs and contribute to global pharmaceutical innovation.
What AI Actually Looked Like in 2025
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Merge the "Six Little Tigers" to build China AGI.
"Merge the Six Little Tigers"
I Got Complained About by AI Circle's Big Bing (With a Sincere Apology Letter Attached)
The Most Singapore-Respecting Episode Yet 👊🇸🇬🔥
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VC takes a certain amount of instinct.
20 Stories That Capture a Year of Living With AI | 2025 Annual Memory
2025: The Days We Spent With Doubao
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This isn't just one person's feeling.
2026 AI Year-Opener: The Year of R | A Conversation with Yusen Dai of ZhenFund
History rewards those who take the first small step into the fog.
Yuan Jingyang of Peking University: Sparse Attention Mechanisms Enable 10x Model Speedup | Attention
Sparsity isn't a state — it's a structure that can be learned.
A Group of Young People Built a "Senior Version" of Xiaohongshu to Help Retirees Live Their Best Life | BlueRun Ventures Family Headlines
A sense of purpose is essential to retirement; social connection is the antidote to loneliness.
Kill the Candlestick? This Startup Wants to Make the Stock Market "Speak Human" | BlueRun Ventures Family Headlines
Building an AI-Native All-in-One Trading Platform
Who Laid the First Mile of China's AI Innovation?
On one side are genuine human needs and diverse scenarios; on the other, a steady influx of AI creators. Xiaohongshu has become a connector for innovation.
Agnes: A Company That Only Copies and Hypes Its Way Into AI Circles
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Qiming Venture Partners' Duane Kuang: Hong Kong Has Become a Key International Financing Channel for Hard-Tech Companies
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MaHui Entrepreneur | Sand.ai's Yue Cao: A Decade from Researcher to Entrepreneur Traces the Evolution of Large Models
"After starting my own business, suddenly everything just clicked."
Heart Capital's Yan Han: Betting on "China Innovation, Global Market" for the Next 50 Years | VOICE
Global capital is rethinking China.
At the Intersection of the Technological Singularity and an Industry Inflection Point, Place a Firm Bet | Unity Ventures View
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The bigger the company, the further from the truth.
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Human workers' roles will be redefined.
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I notice you've entered a period/full stop (。) with no Chinese text to translate. Please provide the Chinese content you'd like me to translate, and I'll be happy to help.
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No Hype, No Hate: Kunlun Tech's New Model Is Kind of a Big Deal
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Spirit AI's Yang Gao: Scientists Aren't the Most "Reliable" Entrepreneurs, But Building a Startup Is Like Playing a Game | Oasis Vitality
Counselor on Vitality
They Talk, We Create | Quarterly
The evening breeze of a summer night is the sound of the future rushing in.
2025 Silicon Valley AI Mid-Year Review: Serial Acquisitions, Big Tech Talent Wars, and Who Will Break Out | A Conversation with Fusion Fund Founding Partner Lu Zhang
Money is cheap; time is what actually matters.
Why Compete on Models When You Can Compete on Orchestration? CrePal Wants to Be the Creative Director for AI Video Models | A Conversation with CrePal Founder Jiaming Liu
By "orchestrating" the best video models on the market, it helps users generate complete videos from a single sentence, dramatically compressing a complex process that once took days and cost thousands of yuan.
Welcome to Register: 2025 World Robot Conference Project Roadshow and Investment-Matching Session | BlueRun Ventures × Shoucheng Capital
Face to Face with a Robot
Q&A | Duane Kuang and Qianli Technology's Qi Yin: Closed-Loop Business Models Sustain Tech Progress, AI Era Offers Huge Hardware Opportunities
Because of the changes brought by AI Agent assistants and operating systems, many different hardware form factors will emerge in the future before gradually converging. This is a space where both tech giants and startups will have significant opportunities.
From "No Competitors" to "Crashing Several Times a Day" | A Conversation with Zilliz Founder/CEO Charles Xie
"I've always believed that the world of technology needs idealism.
How Can Open Source Make Money? Does Vector DB Have a Future? Does AI Need Technological Idealism? | A Conversation with Zilliz Founder/CEO Charles Xie
Dropped Out of Middle School at 14, Now Making $6 Million a Year in VR Games — He Says the Skills Are Replicable | A Conversation with Proactor AI Founder Qin Tian
Those who gave me life: my parents. Those who gave me life again: myself.
A Conversation with Lingchu AI CEO Qibin Wang: On Robotics Technology Roadmap Choices, and the Key Breakthroughs for VLA Capabilities | BlueRun Ventures Family Headlines
Peng! Play Mahjong with a robot!
Only Two in China! Yang Yaodong's Team from the Peking University-Lingchu AI Joint Lab and DeepSeek's Wenfeng Liang Win ACL 2025 Best Paper | BlueRun Ventures Family Headlines
Continuously Challenging the Frontier of Innovation
Qiming View: Technology Grows Upward, Applications Take Root Downward — Releasing the AI Resonance Cycle and Top 10 AI Predictions for 2025
This year, AI has entered a "resonance cycle of technology and application." On one hand, the technology continues to grow rapidly upward with no obvious ceiling in sight. On the other hand, it has become "good enough" in terms of performance and cost for large-scale deployment to take root and grow solidly, like tree roots digging deep — creating massive value in the process.
WAIC Observations: Spatial Intelligence in Rough Seas, Everyone Is Looking for the Same Thing
There's a kind of AI that can preserve love.
Mid-Year Review: 2025 Silicon Valley Tech Megatrends | A Conversation with Fusion Fund's Lu Zhang: Community-Driven Innovation, Talent Wars, VC Transformation, and the IPO Landscape
9 Million People, the World's Largest AI Community and Its Underground Guru: An Exclusive Conversation with AJ of "Way to AGI"
She's not the one who writes the rules — she's the one who lights the spark.
An Agent Infra Founder with $25M ARR Says: We're at 6:05 AM on Day One of the Agent Era | A Conversation with William Du of Xiaosu Technology
What Opportunities Has the AI Agent Boom Created for Upstream and Downstream Industries?
98-Hour Deep Dive: How Does Mobvoi's TicNote, Its First Post-IPO Hardware, Actually Stack Up?
Don't create new scenarios — make old scenarios smarter.
Moonshot AI K2's Writing Ability Nears Qwen 3
Moonshot AI still has dreams (not a paid post 😭)
In China's Most Cutthroat AI Coding Race, He Bets on China First to Build the Industry's Pinduoduo | A Conversation with Wuxin, Founder of CodeFlying
CodeFlying's users are middle-aged fishing enthusiasts, water delivery guys from the neighborhood, pork shop owners...
What startup ideas does his AI experiment give you? | Chatting with Yan Wang: Giving AI ears and eyes, using AI to buy groceries and ship packages
The future belongs to those who know how to use AI best.
This "Bar-headed Goose" just set a new single-round funding record in the Agent space: Who is it? Where did it come from?
We used it to build a "Tangdao Gua Gua Jiang Agent."
Half of 2025 is gone — 9 AI Aha Moments
Great products are often born at the "Crossing" of technology and the humanities.
StepFun has no news.
A Journalism Major's Finest Hour
Inconsistent Kai-Fu Lee
Media teachers care about you
Zhipu AI's Existential Crisis
Everything for Existence
Starting from Five Investments in Manus's Red Xiao: A Conversation with ZhenFund Partner Yuan Liu on How His Read of People Has Evolved
I think the market is at its best right now.
Moonshot AI Has No Dreams
Marching toward the endless, unknown frontier of ice cream 🍦
MiniMax's Fat Cat Universe
Pang Mao Was Set Up by AI
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The technical development of AI models is still on a very steep upward trajectory, and multimodal models that integrate understanding and generation are critically important.
A Conversation with Vincent, Founder of Bonjour: Challenging the Hundred-Billion-Dollar Agent Economy, the Third Adventure of the "Post-00s Steve Jobs"
The pirate spirit is a vibe — if you're not from this generation, you just won't get it.
MiniMax Open-Sources Large-Scale Hybrid Architecture Reasoning Model | Counselor Vitality
Counselor on Vitality
Securing a16z Investment, They're Rebuilding Ad Systems with AI | A Conversation with Gen-Z CEO Jason Hu
Unity Ventures Wins Multiple Awards Including 36Kr 2025 China Top 10 Early-Stage Investment Firms and China Top 10 Most Influential Early-Stage Investment Firms | Unity Honors
The more turbulent the technology itself becomes, the more you should invest in companies capable of achieving technological breakthroughs.
Qiming Venture Partners' Alex Zhou: 2025 Will Be the Year AI Applications Fully Take Off
Every wave of technological change begins with foundational work at the infrastructure layer. Two core technical metrics drive this: performance, evolving from "functional" to "actually good," and cost, dropping from prohibitively expensive to easily affordable. When both metrics hit their tipping points, applications explode.
"Five Poisons in One," Using AI to Stoke Fights: He Says, Flaming Each Other Is Gen Alpha's New Social Entry Point | A Conversation with Cao Tong, Founder of Splat
Twenty Years of the Internet, and the Demand Still Waiting to Be Unlocked
Heart Capital's Yan Han: Global Innovation Enters "China Time" as International Capital Reshapes the Value Map | VOICE
Diligently invest in China's technology sector.
Li Shanyou: Purity Means Hiding Nothing
Counselor Vitality
Introducing a Book, the Kind That Flows With Vitality
Counselor Vitality (Note: "参赞" is a diplomatic title — Counselor or Counsellor. Without additional context, this appears to be a section heading or title. If this refers to a specific person or role within a particular organization, please provide more context for a more precise translation.)
Charging Into the "AI Startup Battleground": What's on Medeo's Mind? | Chatting with Chenran on AI Video Products and Opportunities for Young People
Find your own "aha moment."
Agent Neo Launches: A Conversation with CEO Derek and CMO Guai Zi on Building the Ultimate AI Creation Tool
Young dreamers aiming for the stars.
You call the new DeepSeek R1 a minor update? R2 is coming.
The universe cools into an eternal winter as heat death claims all.
Crossing Podcast hit 40,000 users! The one thing I think we did right, and a whole bunch of feelings
Not a crossroads of confusion or bewilderment, but a crossroads brimming with possibility.
A Multimodal Symphony: How Can Technology and Products Advance Together? | BlueRun Ventures x Volcano Engine Event Recap
The Future Evolution of Multimodality
Boli New Materials Closes Series B Round Exceeding RMB 200 Million | Oasis Capital Vitality
Counselor Vitality
A Conversation with FateTell Founder Levy: AI Can Read Destiny, but Life Can't Be Fully Calculated | 100 AI Creators
"Standing in childhood and looking ahead, the future is uncertain; standing in old age and looking back, you can only discover a single path of fate."
How a "Small but Beautiful" Team Built Asia's #1 AI Emotional Companion App | We Found 6 Reasons They Became a Dark Horse
LoveyDovey has precisely conquered the East Asian emotional market.
A Conversation with RockFlow Founder Vakee: Killing Every App, From Stock-Picking Prodigy to AI Gambler | BlueRun Ventures Family Headlines
Conquering the World, Agent by My Side
Qiming Venture Partners' Kan Chen: AI's Transformation of Biomedicine Is Already Evident
In the AI era, drug discovery is taking on the characteristics of data-driven, high-throughput, automated, and intelligent processes, potentially improving success rates and lowering costs. In the near term, the necessity of experimental validation will remain unchanged; over the long run, the foundational theories of biology will stay stable. This balance between transformation and continuity is reshaping the entire landscape of pharmaceutical R&D.
"Success Is the Mother of Success" | I Moderated a Roundtable Where the Quotes Kept Coming
Riding the AI Wave
INMO CEO Yang Longsheng: Smart Glasses Will Be the Next 'Phone,' With AI + Social as the Ultimate Function | Unity Ventures Portfolio
INMO enters breakout year, with Q1 orders surpassing 100,000 units
Qiming Venture Partners' Duane Kuang: China's new quality productive forces are going global, and the venture capital industry can play an important role
Venture capital firms' tolerance for high risk and focus on long-term value inherently make them adventurous, willing to back technological innovation. By building a closed innovation loop that moves from "blood transfusion" to "blood creation," they can deeply embed themselves in company growth. And they have the ability to identify the most promising entrepreneurs and the most compelling directions for innovation.
Deep-Dive into Lark's New AI Features: Possibly the Most "Genuinely Useful" AI Implementation of 2025
After several months of beta testing, Lark finally released it to the public.
MaHui Member Whale Announces Completion of C1 and C2 Funding Rounds
Qiming Weekly | Qiming Venture Partners Portfolio News and Updates Vol. 17, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
A Conversation with YouMind Founder Yu Bo: The Man Taking on Douyin | 100 AI Creators
He believes future content platforms will shift from Douyin addiction to universal creation.
[Exclusive First Look] Hands-On With the New AI Agent: Who Is Neo? Where Did It Come From? Where Is It Going? | Plus 50 Invite Codes
Agent Neo — a new species like no other.
What Breakthroughs Are Behind the "Super Search" Launched Today by the World's No. 2 AI Search Engine?
The best way to predict the future is to create it.
The Highs and Lows of Humanoid Robotics: Unity Ventures' Xiao Wang and Independent Variable Robotics' Qian Wang in Conversation
Patience is as precious as gold.
Interview with RockFlow Founder Vakee: Killing Every App, From Stock-Picking Prodigy to AI Gambler | 100 AI Creators
Everyone's a Warren Buffett
Qiming View | Duane Kuang: The Time Is Ripe for Chinese Tech to Go Global
China's technology going global — the time is now. In the coming years, all kinds of our AI-related technologies will join this wave of going global as well. The trend of Chinese technology expanding worldwide is only just beginning.
Qiming Perspective | Duane Kuang: AI Investment Outlook Is Broad
2025 will mark an inflection point for AI applications. In the AI 2.0 era, investment in AI infrastructure still has significant room to grow, explosive growth in AI applications is on the horizon, and the investment landscape for AI applications will become increasingly diverse and vibrant.
2025: The Year AI Gaming Goes Mainstream? | A 4,500-Word Efficient Roundup of Major Players' Latest Moves: Tencent, NetEase, miHoYo…
One of the shortest paths to AI commercialization: gaming.
A Spring Weekend Evening Discussing AI Progress and Opportunities in 2025 | Shanghai Offline Salon Recap
We talked until 11 p.m. again.
MaKe | Dark Current Dialogue with MaHui Member Yue Cao of Sand.ai: Farther from Sora, Closer to the Endgame
Qiming Venture Partners Weekly | Portfolio News and Updates Vol. 14, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
Critique always sounds clever, just as creation always looks clumsy | After judging the Xiaohongshu Indie Developer Competition, I have so much I need to get off my chest
Between cleverness and clumsiness, I choose clumsiness.
"Quasi-National Team" Raises Another 200 Million, Open-Source Ecosystem Just Getting Started
Secured another 200 million yuan follow-on investment from Beijing.
Unity Ventures Wins ChinaVenture "Best Early-Stage Investment Firm of the Year" and "Best Investment Firm in AI and Big Data" Awards | Unity Honors
Getting Hands-On for the Next Industrial Revolution
Just now, OpenAI officially released o3 and o4-mini, defining a new paradigm for future reasoning, while the o1 series has been consigned to the dustbin of history.
o3 and o4-mini have redefined the future paradigm of reasoning.
Stanford University 2025 AI Index Report Released: Key Findings on China's AI Rise and Narrowing Gap Between Top Models
A Comprehensive Breakdown of the 2025 AI Index
GPT-4.1 Debuts Late at Night | On the Eve of the Closed-Source Fortress Crumbling? GPT-4o Finally Gets Its Successor
GPT-4.5 will be obsolete in three months.
When JD.com, Xiaohongshu, Kuaishou, and Pinduoduo All Stand at the "Crossing" of the AI Era
"Either play or get left behind!"
How many steps does it take to become a "down-to-earth" AI founder? From Google X researcher to building a product that hit $1M ARR in six months | A conversation with Vozo founder Changyin Zhou
Changyin Zhou's Journey Fusing Technology and Business
Qiming Star | Light Years Beyond's Qi Yuan: AI for Science Should Create Products Serving Thousands of Industries
The ultimate goal of AI for Science is to achieve an "AI Albert Einstein" — capable of discovering entirely new, unknown scientific laws. But before that ambitious vision becomes reality, a more practical target is to build an "AI Doraemon": a form of inclusive intelligence that can empower every industry and sector.
Can Xiaohongshu Didi AI, which has "devoured" 1 billion posts, outflank traditional search?
DianDian took a different path — it never tried to become a "god that can do everything."
Qiming Perspective | Qiming Venture Partners' Kan Chen: China's Innovative Drug Exports Hit Record Highs, Where Is Innovative Drug Investment Heading?
Beyond its homegrown efficiency advantages, China's biotech sector must also seize the opportunities presented by global collaborative clinical development in the years ahead — leveraging strengths across different regions worldwide to maximize biotech value creation.
AgiBot's Chief Scientist: "The Biggest Misunderstanding of Embodied AI Is Treating It Like a Large Language Model" | BlueRun Ventures Family Headline
Now is the best time to enter embodied AI.
[Shanghai Offline Salon] AI's First 100 Days of Upheaval: After DeepSeek, Manus, and GPT-4o, Where Does VC Go in 2025?
开年到现在的这 100 天,AI 领域风起云涌,从 [**DeepSeek 的突破**](https://mp.weixin.qq.com/s?__biz=MzAxMDMxOTI2NA==&mid=2649090936&idx=1&sn=3eb049d79d7d950c8f66408dd05c27e
How to Become a Less Anxious CEO: A Conversation with Maozhu on Duozhuayu's Eight Years, Darkest Hours, and New Plans
Dejavu Founder Cat Zhu's Eight-Year Transformation
Morning Star | Multiple Qiming Venture Partners Portfolio Companies Appear at 2025 Zhongguancun Forum Annual Conference and Win Multiple Awards
Since its founding, Qiming Venture Partners has focused on investing in exceptional early- and growth-stage companies driven by technology and innovation.
"Kuaishou, who are you? Where did you come from? Where are you going?" | After AI generated 100 million in revenue, Kuaishou's path forward and ambitions
When "rural-chic" meets cutting-edge tech, and "lao tie" embraces AI innovation.
A Surging Wave of Technology, an Explosion of Species in AI's Deep Waters | Unity Ventures Spring Chronicle
Tend the soil with care, and wait for the flowers to bloom.
"If you bloom, butterflies will come" — How Hillhouse and ZhenFund Partners See New AI Startup Opportunities
If you bloom, butterflies will come.
72 Hours After GPT-4o Broke the Internet: 10 Startup Opportunities We Spotted
Real opportunities always belong to those who embrace change, go with the flow, and take action.
Behind Manus's Viral Moment: 20 Questions to Understand AI Agent
Here's everything you want to know about Manus & AI Agent.
【Field Test】I Lived With an AI Pet for 30 Days: It Could Read My Breathing, Would Sleep In, and a Few Surprises
The "Crossing" of technology and the humanities — this is where great products are often born.
Tian Cheng Technology Closes Nearly 100 Million RMB Series B Round to Accelerate Global Expansion of Embodied Intelligence Exoskeletons | BlueRun Family
Technology should serve everyone.
Qiming View | Duane Kuang: China's AI Investment Is Not Overheated, It Deserves Capital from Around the World
AI will bring enormous benefits to humanity, and it will also represent the greatest investment opportunity over the next decade.
"MetaX Co-Launches Shanghai Cube, a New Generation of Domestic, Self-Contained, Full-Stack High-Density Server Rack | Xinwen NEWS"
Build a benchmark project for fully autonomous, intelligent satellite production lines in China's commercial space sector, with complete supply-chain independence.
What did DeepSeek release late last night? We've summarized its 5 core advantages and 7 real-world use cases.
DeepSeek is still DeepSeek.
Qiming View | Duane Kuang: AI Is the Priority for Tech Investment, China's Engineering and Design Products Reach Globally
AI still has many niche areas and business models left to explore, and Qiming Venture Partners remains bullish on this direction in 2025.
Behind the Manus Hype: 20 Questions to Help Us Understand AI Agents
Qiming Venture Partners' Alex Zhou: A 'Super AI App' Will Likely Emerge This Year
Use trend anticipation to gauge which stage a technology wave is currently in and what opportunities exist, positioning yourself ahead of the market before the technology's development prospects become widely recognized.
Making Cars Intelligent Agents: Li Auto Unveils Next-Generation Autonomous Driving Architecture MindVLA | BlueRun Ventures Portfolio Headlines
MindVLA turns cars into dedicated chauffeurs — they understand what you say, see what's around them, and find their way anywhere!
A Conversation with Haivivi's Li Yong: How to Build a Jellycat with AI and Hit Ten Million RMB in Monthly Revenue | BlueRun Ventures Family Headline
AI + Plush Toys + Emotional Value = BubblePal
The Evolution of AI Search, the Manus Explosion, the Rise of Agents, and AI's Transformation of Education: Jishisan's Tech Outlook for 2025
The world is speeding up.
The Evolution of AI Search, the Manus Explosion, the Rise of Agents, and AI's Transformation of Education: Science Popularization Platform Guokr Founder Eric Ji's 2025 Tech Outlook
Qiming Weekly | Qiming Venture Partners Portfolio News and Updates Vol. 08, 2025
Following Qiming Venture Partners' portfolio companies and their milestone moments with you.
Hong Song Integrates DeepSeek AI, Breaking the "Dimensional Wall" in Silver-Tech Innovation | BlueRun Ventures Family Headlines
Helping seniors integrate into the digital society and narrowing the digital divide.
Xiao Wang: From Tool to Agent, AI Ushers in the Era of Intelligent Everything | Unity Ventures
The "Android Moment" for AI Has Arrived
20 Questions to Decode the Year of AI Video | A Conversation with Luma AI Product Manager Barkley
From Sora's Stunning Debut to a Year of Fierce Rivalry
Hands-On with Manus: The First AI That Actually Gets Things Done, Made in China (50 Use Cases + Breakdown)
The World's First General-Purpose Agent 2025, Dawn Breaks in the East
Qiming Portfolio | UBTECH Achieves World's First Multi-Robot, Multi-Scenario, Multi-Task Humanoid Collaborative Training
UBTECH has developed a novel BrainNet software architecture for humanoid robots and designed an Internet of Humanoids (IoH) as a smart connectivity hub, offering a viable path for the software and hardware implementation of collective intelligence.
Qiming Weekly | Qiming Venture Partners Portfolio Funding and Updates Vol. 07, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
Morning Star | Pulnovo Medical Raises Nearly $100 Million in Series C, Co-Led by Qiming Venture Partners | Bilingual
This round was oversubscribed twice, making it the largest market-driven financing in the Asia-Pacific innovative medical device sector in recent years.
20 Questions to Understand DeepSeek and the "Second Half of AI" It Ushered In
20 Questions, Layer by Layer: The Story Behind DeepSeek
Limited VIP Tickets: China Tech Manufacturing Global Summit Now Open for Registration | Unity Ventures Share
Hosted by Unity Ventures portfolio company PayInOne, exploring new opportunities for Chinese companies expanding overseas
Stop Talking About DeepSeek R1 in the Abstract — Ten Founders Put Open-Source Models to the Test | BlueRun Ventures Perspectives
True knowledge comes from practice.
DeepSeek Is Far More Than an Open-Source Victory | BlueRun Ventures
Open source doesn't just make technology more transparent — it drives progress across the entire industry.
20 Questions on the Year AI Video Went Mainstream | A Conversation with Luma AI Product Manager Barkley: From Sora's Stunning Debut to a Crowded Field
After Selling His Company for $4 Billion: A Founder's Past, Present, and Future Plans | A Conversation with Moonton Co-Founder Justin
I'm financially free. Now what?
Inside Dalton Venture's Portfolio | As Medical AI Surges, Deepwise Health Moves First on a Trillion-Yuan Emerging Market
Deepwise's development has witnessed every major milestone in China's medical AI industry.
DeepSeek disrupts industry landscape, Unity Ventures portfolio companies embrace new AI era | Unity Ventures portfolio
Move fast and seize the initiative.
20 Questions to Understand DeepSeek and the "Second Half of AI" It Unleashed
Luchen Tech Closes New Funding Round | BlueRun Ventures Family
Dedicated to "unleashing AI productivity."
Let the Spark Light the Long Night Until Dawn | Happy Lantern Festival
Why are young people lining up at 2 a.m. just to wait for a DeepSeek response?
The answer — that's what everyone obsesses over.
Not text generation, not physics models — the ultimate frontier of AGI is life sciences | Xinxing PORTFOLIO
Baichuan's Chuan Wang: Toward a "Mathematical Principles of the Philosophy of Life"
What It Cost Me to Become a Real CEO | Xinxing PORTFOLIO
He Xiaopeng: To Be a CEO of a Large-Scale Manufacturing Company Pursuing Technological Innovation
Multimodal DeepSeek is here! Yang Yaodong's team collaborates with HKUST to release Align-DS-V, powering Lingchu's DS-VLA alignment and expansion | BlueRun Ventures Family Headlines
Based on Align-DS-V, the Peking University-Lingchu Joint Lab has already begun deeper exploration in the VLA (Vision Language Action Model) space.
To AI Founders: In 2025, Go to These VCs for Funding | Debriefing a Year in Primary Markets with Jing Liu of "Waves"
"2024: Who's Still Actively Investing in AI?"
ByteDance Is Dancing, Alibaba Is Restless, the AI Six Little Dragons Are Shaken — A Year-in-Review of the Foundation Model Wars with *LatePost*
Elephants can dance, and ByteDance keeps on dancing.
A Look at 2024's AI Innovations in China: From Models to Hardware, From Applications to the Rise of Super-Individuals
Let's preserve the AI innovations that brought us excitement and encouragement in 2024.
From Models to Hardware, From Applications to the Rise of Super-Individuals | A Review of China's AI Innovations in 2024
The AI Engineer's Guide: Who Am I, Where Did I Come From, Where Am I Going? | A Conversation with SiliconFlow Founder Jinhui Yuan and Indie Developer idoubi
Ambition, curiosity, and the freedom to roam.



































































































































































































![[Exclusive First Look] Hands-On With the New AI Agent: Who Is Neo? Where Did It Come From? Where Is It Going? | Plus 50 Invite Codes](/_next/image?url=https%3A%2F%2Fkkcktdhgzddmdjdjoenc.supabase.co%2Fstorage%2Fv1%2Fobject%2Fpublic%2Fmedia%2Fimages%2F874d29c6-c8ee-483f-b3b3-b65ebcb898aa%2Fa5f3d5ca6b03.jpg&w=384&q=75)



















![[Shanghai Offline Salon] AI's First 100 Days of Upheaval: After DeepSeek, Manus, and GPT-4o, Where Does VC Go in 2025?](/_next/image?url=https%3A%2F%2Fkkcktdhgzddmdjdjoenc.supabase.co%2Fstorage%2Fv1%2Fobject%2Fpublic%2Fmedia%2Fimages%2F874d29c6-c8ee-483f-b3b3-b65ebcb898aa%2F6b0037f0b673.jpg&w=384&q=75)












































