The multi-billion dollar valuations of Chinese AI startups are justified

From the articleEXCLUSIVE: China's DeepSeek taps CITIC Securities for domestic IPO, sources say | ReutersAlso in China’s AI startup DeepSeek prepares for domestic listing | News24, DeepSeek IPO: China's DeepSeek taps CITIC Securities for domestic IPO - The Economic Times, DeepSeek Engages CITIC Securities to Prepare for a Possible Shanghai IPO