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AI & Enterprise

DeepSeek pushes for Shanghai STAR Market listing, plans to start process this year

Chinese AI startup DeepSeek is preparing to list on the Shanghai Stock Exchange\'s STAR Market and has hired CITIC Securities as an adviser, Reuters reported on Sept. 9, citing two sources. DeepSeek plans to begin an IPO process this year, the report said. The timing, fundraising target and valuation have not been decided, sources said. Reuters previously reported DeepSeek was seeking investment at a valuation of 500 billion yuan, or $75 billion.

AI & Enterprise

Moonshot AI files confidential for Hong Kong IPO as Kimi K3 boosts profile; valuation of $50 billion cited

China AI startup Moonshot AI has filed a confidential application for an IPO in Hong Kong, seeking to raise funds for rapid business expansion. Sources said it is targeting a listing as early as the first quarter of 2027, though timing could change depending on regulators and market conditions. The company is also pursuing a final funding round that could value it at about $50 billion. Moonshot AI recently unveiled its flagship Kimi K3 model.

AI & Enterprise

Anthropic\'s Claude Fable 5.1 rated No.1, beating GPT and Grok

Anthropic has unveiled its new AI model, Claude Fable 5.1, which took the top two spots in an external language-model ranking shortly after launch, ahead of rival models from OpenAI, Google and others. In Artificial Analysis scores, Fable 5.1 variants scored 66 and 65, while Claude Opus 5 scored 63. Anthropic also reported higher performance on its benchmarks, kept token pricing, and cut cached-context reread costs. It also introduced Claude Mythos 5.1 with restricted access for high-risk fields.