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...
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 $...
China awards two village boys, one studied by lamplight to power a third of world's EVs, the other cracked English in two months to give fighter jets x-ray visionTwo Chinese scientists received China's highest science award for their significant contributions. Chen Liquan developed the nation's first...
China begins to snap at America's heels in a tightening tech raceChina’s latest supercomputer ranking has renewed debate over global technology leadership, but current evidence shows the United States sti...
China's DeepSeek closes record $7 billion-plus funding with unusual deal structure: ReportChinese Artificial Intelligence lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.40 billion) und...
Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
China, HK stocks open lower as global tech selloff spreads to AsiaChina and Hong Kong stocks opened lower, mirroring regional declines as investors worried about the AI rally's sustainability. Strong U.S. ...
DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
Reliance in talks with Chinese battery behemoth CATL & others for big battery system partsReliance Industries is in talks with China’s Contemporary Amperex Technology Co. Limited and other global suppliers to source components fo...
Ford shares soar after Morgan Stanley’s bullish call on energyFord shares jumped as much as 15% after Morgan Stanley highlighted strong potential in its energy storage business. The broker sees possibl...
Major advances in EV batteries announced by Chinese companyCATL, the world's leading electric car battery supplier, has unveiled groundbreaking battery technology poised to revolutionize the EV mark...
CATL in talks to buy controlling stake in Nio's power unit, sources sayCATL is in discussions to acquire a controlling stake in Nio's power unit, which operates over 3,000 battery swapping stations in China. Th...
US lawmakers call to add China's CATL, Gotion to import ban list, WSJ reportsRepublican lawmakers are urging the addition of Chinese battery companies CATL and Gotion High Tech to an import ban list, alleging their s...
Battery giant CATL posts slower profit growth as competition heats upChina's battery makers including CATL are facing challenges of weakening demand and bigger cost reduction pressure from EV makers amid a pr...
Chinese firm CATL inks agreement with SERES, ZEEKER for Qilin CTP batteriesCATL, the battery manufacturer company, and EV manufacturers SERES and ZEEKER have signed the contract of their collaboration. The followin...
Why a Chinese company dominates Electric Car batteriesCATL has given China a commanding lead in electric car batteries, a technology central to the broader green revolution. The company already...