Chinese generative artificial intelligence firm DeepSeek has resumed availability on South Korean app markets after a nearly two-month suspension prompted by privacy concerns. The company updated its data protection policies to comply with South Korean government recommendations, enabling the relaunch. DeepSeek's return presents a challenge to local AI competitors despite ongoing scrutiny over personal data handling. Meanwhile, China's generative AI ecosystem is rapidly expanding, with over 3,700 public-facing generative algorithms registered and 250-300 new ones emerging monthly, according to data from Trivium China. Alibaba leads in the number of registered AI tools, while DeepSeek has three registered algorithms. Industry experts highlight that AI is evolving beyond automation to redefine creativity, collaboration, and societal simulations. Notably, AI-assisted coding is transforming software development by reducing the importance of syntax and enabling developers to work across multiple programming languages with greater ease. Multi-agent AI ecosystems, such as CAMEL-AI's OASIS framework, are enabling large-scale social simulations that model digital societies with millions of interacting agents. Despite ongoing hype, artificial general intelligence (AGI) remains elusive, and the AI revolution is characterized by both over- and under-expectations in the short and long term. The field continues to advance with breakthroughs in generative AI, ethical AI art, and AI-powered coding assistance.