Inside China's buzzing AI scene year after DeepSeek shock

Jan 20, 2026 - 03:00
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Inside China's buzzing AI scene year after DeepSeek shock
Before DeepSeek shook up the tech world and put Chinese artificial intelligence on the map, Wu Chenglin's own startup had nearly folded three times -- but in the past year it has raised $30 million.But as excitement around DeepSeek fuelled a boom in spending, Wu raised 220 million yuan in two funding rounds.

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