Market news: Deepseek's revenue reached $70 million as of July, marking a tenfold increase compared to 2025.

Insight Beating AI Flash News: According to a report from The Information, DeepSeek is seeking a second round of financing at a valuation of approximately 500 billion yuan, with plans to raise an additional 50 billion yuan. Data shows that from January to July 2026, DeepSeek’s revenue reached 475 million yuan (around $70.7 million), roughly 10 times its full-year revenue in 2025; net loss narrowed to 715 million yuan in the same period, lower than the full-year 935 million yuan in 2025. In terms of profitability, DeepSeek’s overall gross margin stood at 44.6%, with its API business boasting a gross margin of 82.9%—a gain driven mainly by optimized AI infrastructure, which allows the company to run models with fewer chips while maintaining low inference costs. As its V4 series, especially V4-Flash, gains widespread adoption among global developers, the company’s revenue growth has accelerated; last month, its annualized revenue was reportedly between $400 million and $500 million. Additionally, DeepSeek recently raised API prices to boost commercialization: the peak output price for V4-Pro increased from $0.87 to $3.96, and the off-peak price is $1.98—still lower than Kimi K3’s $15 and Claude Opus 5’s $25. Meanwhile, the company’s AI infrastructure investment surged from 1.2 billion yuan in 2025 to 11 billion yuan in the first seven months of this year, mainly used for server leasing and purchases of AI chips and computing power equipment. DeepSeek completed its first external financing round in June this year, raising around 50 billion yuan, and has now hired investment banks to prepare for an IPO in Shanghai next year.

Binance Alpha becomes the first platform to list Teller (DEBIT). The initial launch and trading of Alpha will start at 10:00 UTC on August 26, 2026. Users holding at least 240 Binance Alpha points can claim an airdrop of 50 DEBIT tokens on a first-come, first-served basis. If the reward pool is not fully allocated, the point threshold will automatically decrease by 5 points every 5 minutes. Note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, the airdrop will be deemed abandoned.

According to on-chain data, since August 23, BTC long positions have remained at a relatively stable level. Following the price rise, the overall market has shown a neutral consolidation trend. Meanwhile, BTC short positions have continued to decline since August 17, indicating that some short funds are still continuously exiting the market. Analysts believe that current long positions in the market have not increased significantly, and future trends will still depend on whether the short covering trend persists. Earlier, analysts stated that Bitcoin would need to meet three conditions to trigger a full-scale rally: Hyperliquid whales turning bullish, Bitfinex whales completing BTC long position accumulation, and the disappearance of negative South Korean kimchi premium and negative Coinbase premium. Currently, Bitfinex whales have finished building their BTC long positions, and both the negative kimchi premium and negative Coinbase premium have vanished, meaning two of the three conditions have been fulfilled. The core focus of the market going forward will be whether Hyperliquid whales shift to a bullish stance; once this signal emerges, it could act as a catalyst for Bitcoin to launch a new round of upward movement.

Beating AI News Flash: Anthropic has ordered all employees at its San Francisco office to work remotely on Monday and Tuesday. The decision follows an advance warning from security contractor Allied Universal that its security guards may stage a strike. To avoid having no on-site security, Anthropic opted to keep staff away from the office. However, the Service Employees International Union (SEIU), which represents the guards, said it has not issued any strike notice for this week, nor has a strike authorization vote been held. The two sides have indeed been negotiating a new contract since April, with the union demanding higher wages, improved medical benefits, and additional security training. Anthropic’s caution is driven by real recent incidents: In April this year, a man followed an employee into Anthropic’s lobby and claimed an executive would be killed; the same month, someone threatened an employee’s family members, and in June, another individual threatened to bring a handgun to the company over a refund issue. Last week, the San Francisco Police Department received a 911 call reporting that an Anthropic user threatened the company’s CEO and vowed to bring an AR-15 rifle to its office at 500 Howard St. to harm employees working there.

HashKey On-Chain, a blockchain infrastructure service provider under HashKey Holding Limited (HK3887), has entered into a strategic brand partnership with Conflux Network. The two parties will deepen collaboration across multiple dimensions including public chain node verification, infrastructure construction, and cross-chain technology cooperation. Guided by the principles of equality, mutual benefit, and joint technological development, this partnership marks the full integration and joint deployment of the two ecosystems in the Web3 infrastructure sector. Led by HashKey Cloud, the collaboration focuses on infrastructure business. After completing relevant evaluations, HashKey Cloud will participate in Conflux Network operations as a verification node or infrastructure provider. Technically, the two sides plan to deepen collaboration in areas such as monitoring and alerting, security protection, shared risk control strategies, and ecosystem incentives, co-building a high-standard operation and maintenance system. Additionally, subject to meeting technical compliance and industry standards, the two sides plan to explore cross-chain compatibility, cross-chain ecosystem applications, and scenario implementation in the future. Disclaimer: This announcement is provided solely for technical and informational purposes regarding the collaboration between HSK Chain and Conflux, and does not constitute any investment advice, offer, solicitation, recommendation, endorsement, or guarantee of any kind. References to the collaboration are limited to the scope disclosed and do not imply any joint venture, agency, or fiduciary relationship unless otherwise agreed in writing.

Counterpoint Research’s latest data shows that Apple’s iPhone 17 was the best-selling smartphone globally in Q2 2026, holding a 6% share of total global smartphone shipments. The iPhone 17 Pro Max and iPhone 17 Pro respectively ranked second and third on the list. Apple and Samsung each took five spots in the global top 10 best-selling smartphones, with the top 10 models collectively accounting for 26% of total global smartphone sales, a 2% year-over-year increase. The base iPhone 17 remained the best-selling smartphone this quarter; its major upgrades narrowed the gap with Pro models, strongly supporting its sales. Apple’s stock closed down 0.14% on Tuesday, and fell 0.23% in after-hours trading, with its market capitalization standing at $4.52 trillion. For Samsung Electronics, two Galaxy S series models made the top 10. The Galaxy S26 Ultra became Samsung’s best-selling model this quarter, rising five positions from its predecessor. It was also the best-selling Android device this quarter, marking the first time an ultra-high-end Android device led Android sales in the second quarter.