The Number
- DeepSeek's deepseek-flash input runs $0.003/M off-peak (cache hit), with cache-miss at $0.15/M, per its pricing docs as of 2026-10-23.
- GLM-flash-latest sits at $0.0052/M prompt on OpenRouter, the cheapest China-lab model listed there as of 2026-10-23.
- Qwen3.8-Max prices at 12 yuan/M input, 36 yuan/M output on Alibaba's Bailian, per DashScope pricing as of 2026-10-23.
Top of the Fold
- DeepSeek closes a new round at a reported ~100B yuan (~$15B), Tencent and CATL the largest backers, a war chest to fund training and a mooted STAR Market listing, per 上海证券报 via 极客公园.
- Beijing humanoid maker 松延动力 files confidentially for a Hong Kong IPO targeting several hundred million dollars, a CATL-backed robotics bet testing public-market appetite, per 彭博社 via 智东西.
- StartLux 原点星辉 open-sources Prism, framed as the first inference engine built for decision models, days after DeepSeek open-sourced its own DeepInfer, per 智东西.
Untranslated
- A new real-time video-editing benchmark scored 37 models and the top result was 15 out of 100, every model failing the stream-consistency test, per 夕小瑶科技说.
- StartLux 原点星辉 open-sourced inference engine Prism claims up to 5.3x faster decision-model inference, company-stated and unverified, per 智东西.
- A domestic security firm's 10-9 overnight alert is being retold in Chinese AI circles as an AGI-era defense milestone amid the PHP2Shell vulnerability wave, circulating and uncorroborated, per 智东西.
- Otherwise quiet across the Chinese community overnight.
The Backstory
- At least four China-built AI tennis-ball robots have cleared million-dollar Kickstarter rounds, with 庞伯特 oversubscribed 26,255% to $2.65M, a Shenzhen engineering scene turning a post-Olympics tennis craze into hardware, per 极客公园.
The Kicker
- 红果短剧 rolled out costumed drama characters who break the fourth wall to tell binge-watchers to put the phone down and sleep, per 雷峰网.
