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AI & Enterprise

China\'s DeepSeek nears 11 trillion won funding from Tencent, CATL; valuation seen up to 90 trillion won

Chinese AI startup DeepSeek is nearing the completion of its first external fundraising round since its founding. The funding is expected to exceed 50 billion yuan, while the company has been valued at close to $60 billion, reports said. Participants are said to include Tencent, NetEase, JD.com and battery maker CATL, as well as venture capital firms. Founder and CEO Liang Wenfeng plans to invest about 20 billion yuan of his own money.

Games & Commerce

NCSoft to launch Lineage2M in China on June 24 with Tencent Games

NCSoft will begin service of its MMORPG Lineage2M in China on June 24 through Tencent Games, the company said on Thursday. The game will be released locally under the title \"Tiantang 2: Mengyue\" (天堂2: 盟约). Tencent Games plans to support cross-play between mobile and PC. The companies have conducted a closed beta test involving about 50,000 participants and are working on localisation based on feedback.

Games & Commerce

Smilegate launches \'Chaos Zero Nightmare\' service in China

Smilegate has begun full-scale service in China for dark fantasy roguelike RPG \'Chaos Zero Nightmare\', developed by Super Creative, in partnership with local publisher Tencent. The game officially opened at 11 a.m. on Wednesday and topped China’s Apple App Store free download rankings at launch. To mark the release, Smilegate is pre-releasing a new combatant, \'Fei\', and running events. More than 5.5 million users joined pre-registration.