With around six million dollars and a stockpile of chips acquired before Washington banned their export to China, startup DeepSeek has produced what Chinese tech titans couldn't—a world-class AI chatbot.
At least three other companies including those backed by Alibaba and Tencent released updates to their applications in recent weeks.
DeepSeek has delighted the Chinese internet ahead of Lunar New Year, the country's biggest holiday. It's good news for a beleaguered economy and a tech industry that is bracing for further tariffs and the possible sale of TikTok's US business.
At least three other companies including those backed by Alibaba and Tencent released updates to their applications in recent weeks.
And while American tech companies have spent billions trying to get ahead in the AI arms race, DeepSeek’s sudden popularity also shows that while it is heating up, the digital cold war between the US and China doesn’t have to be a zero-sum game.
Those who have had professional dealings with DeepSeek say he is obsessed with human-like artificial general intelligence ( AGI) and the impact it could have on the world. In his pursuit of it, DeepSeek’s founder is upending ideas about technological progress both in the West and China.
BEIJING: Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the
The Chinese New Year is reportedly off to a strong start based on early rail traffic reports, air travel data, and lodging occupancy rates. The celebration to welcome the Year of the Snake will run through February 4.
The dividend yield on Chinese stocks has risen to around 3%, the highest since 2016, rewarding investors who have bravely stayed invested in a market that has been limp for years and faces more stress after Donald Trump's return as U.S. president.
TOKYO (Reuters) - Japan's finance ministry plans to plug a loophole in reporting requirements for foreign investors under the Foreign Exchange and Foreign Trade Act, in an effort to prevent intelligence from leaking to foreign governments.
Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3. The unusual timing of the Qwen 2.
The Chinese company DeepSeek seemed to have come out of nowhere this week when it upturned markets. Here’s what to know about the engineer who started it.