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Tuesday

  6. Huxiu

    DeepSeek's second funding round grows to about 100 billion yuan, pre-money valuation remains 500 billion yuan

    DeepSeek's second funding round is planned to increase from 50 billion yuan to about 100 billion yuan, with the pre-money valuation still about 500 billion yuan, and new and old shareholders each planning to invest half. New investors are mainly industrial capital, including Shixi Capital, SMIC Capital, Geely, etc., and CATL plans to add about 10 billion yuan; a fund LP said the deal is still changing dynamically, and DeepSeek's PR department declined to comment on the funding information. The company has hired former Hillhouse Venture Capital partner Yan Wentao as CFO, and outsiders expect an IPO to potentially proceed in early 2027.

    DeepSeek's second funding round is planned to increase from 50 billion yuan to about 100 billion yuan, with the pre-money valuation still about 500 billion yuan, and new and old shareholders each planning to invest half. New investors are mainly industrial capital, including Shixi Capital, SMIC Capital, Geely, etc., and CATL plans to add about 10 billion yuan; a fund LP said the deal is still changing dynamically, and DeepSeek's PR department declined to comment on the funding information. The c

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    #hot-signal#Industry news#English text is being prepared.#DeepSeek

Monday

Saturday

  1. Huxiu

    Under the impact of AI programming, programmer positions are polarizing; practitioners are turning to traditional industries and one-person companies

    In 2026, the capabilities of AI programming tools improved significantly. DHH, the creator of Rails, announced at the Rails World conference in September that the company would no longer use handwritten code as its regular development method, and nearly 75% of new code inside Google is already generated by AI. In the first half of 2026, global tech industry layoffs totaled more than 120,000, already matching the full-year scale of 2025, with most related to AI. Corporate hiring has shifted to paying for highly experienced experts or potential talent from prestigious universities; the value of programmers in the middle tier has been diluted, and some practitioners are turning to traditional industries such as pharmaceuticals, retail, and manufacturing to do AI, or starting businesses as one-person companies.

    In 2026, the capabilities of AI programming tools improved significantly. DHH, the creator of Rails, announced at the Rails World conference in September that the company would no longer use handwritten code as its regular development method, and nearly 75% of new code inside Google is already generated by AI. In the first half of 2026, global tech industry layoffs totaled more than 120,000, already matching the full-year scale of 2025, with most related to AI. Corporate hiring has shifted to pa

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    #hot-signal#English text is being prepared.#English text is being prepared.#Industry news

Sunday

Friday