Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fearsChinese and Hong Kong stocks slid sharply on Friday, with mainland benchmarks headed for their steepest weekly losses in over two years. In...
17 Jul, 2026, 11.13 AM IST
China's Moonshot unveils world's largest open AI model, closing in on US rivalsThe launch, which comes a month after Anthropic's Fable and Mythos models were abruptly withdrawn by the U.S. government due to security co...
17 Jul, 2026, 08.06 AM IST
Chinese filing implies DeepSeek valuation of around $52 billionThe stock-exchange filing offers rare public evidence about the pricing and investor lineup of DeepSeek's maiden external fundraising, whic...
17 Jul, 2026, 12.13 AM IST
Chinese filing implies DeepSeek valuation of around $52 billionAnhui Korrun's subsidiary invested 2.90 billion yuan in DeepSeek. This investment secured an indirect 0.8265% stake in the company. The dea...
16 Jul, 2026, 08.48 PM IST
Meta Oversight Board finds top AI models less likely to criticize repressive regimesAI models from leading labs are less likely to criticise governments restricting free speech. A study found AI services echoed rules of cou...
16 Jul, 2026, 04.45 PM IST
AI startup Thinking Machines launches an open-weight AI modelNamed Inkling, the model is open-weight, meaning users can download, run and customize the underlying systems, unlike proprietary, closed-...
16 Jul, 2026, 08.14 AM IST
Can America lag China in the AI race? A new threat is cropping upThe pause on data center construction in New York reveals a significant conflict between the accelerating demand for AI and the limitations...
15 Jul, 2026, 09.58 PM IST
China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPOThe plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $...
15 Jul, 2026, 06.48 PM IST
Chipmaker CXMT eyes $9.8 bn in blockbuster China IPOChina's leading memory chipmaker ChangXin Memory Technologies is seeking billions in an IPO. This move aims to bolster the nation's artific...
15 Jul, 2026, 01.38 PM IST
China's DeepSeek considers new fundraising after first roundChinese AI startup DeepSeek is considering another funding round. This comes just one month after closing its initial financing. The compan...
14 Jul, 2026, 04.31 PM IST
Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario AmodeiDeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creat...
14 Jul, 2026, 01.01 PM IST
DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
14 Jul, 2026, 12.01 PM IST
China's exports surge 27% from a year earlier as AI boom drives strong demandChina's exports jumped twenty-seven percent in June, driven by strong artificial intelligence demand. Imports also surged significantly, re...
14 Jul, 2026, 09.05 AM IST
ETtech Explainer: How the Meta-Manus deal came apart, and Tencent moved inChinese regulators ordered Meta to reverse its $2 billion acquisition of the company. Tencent is working with Manus' early investors, inclu...
10 Jul, 2026, 06.27 PM IST
Global Market | Tencent explores stake in AI Startup Manus after China challenges Meta deal: ReportsTencent is in talks to become the largest shareholder in AI startup Manus as investors seek to buy back the company from Meta after Chinese...
10 Jul, 2026, 01.01 PM IST
Temasek targets big jump in AI investments as value of portfolio hits record highTemasek, which owns stakes in Anthropic and OpenAI, also said its net portfolio value climbed to S$518 billion ($400 billion) last financia...
08 Jul, 2026, 04.41 PM IST
Beijing is looking at curbing overseas access to China's top AI models, sources sayChinese authorities are meeting with tech firms about restricting AI model access. These discussions aim to protect advanced artificial int...
07 Jul, 2026, 05.11 PM IST