China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
13 May, 2026, 03.24 PM IST
Kimi chatbot maker Moonshot AI valued at $20 billion in Meituan-led roundMoonshot AI has secured approximately $2 billion in its latest funding round, propelling its valuation to over $20 billion. This significan...
07 May, 2026, 01.56 PM IST
DeepSeek nears $45 billion valuation as China's 'big fund' leads investment talks, FT reportsChina's biggest state-backed semiconductor investment vehicle, China Integrated Circuit Industry Investment Fund, is in talks to lead the...
06 May, 2026, 12.29 PM IST
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
29 Apr, 2026, 11.05 AM IST
RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
27 Apr, 2026, 08.41 AM IST
S&P 500, Nasdaq close at records on tech lift, Iran peace talk hopesIndian markets saw a positive trend as US indices, S&P 500 and Nasdaq, hit record highs. Intel shares surged, driving semiconductor stocks ...
25 Apr, 2026, 09.56 AM IST
US stocks today: S&P 500, Nasdaq close at records on tech lift, Iran peace talk hopesThe S&P 500 and Nasdaq reached record highs Friday, fueled by optimism for U.S.-Iran peace talks and a surge in Intel shares. Semiconductor...
25 Apr, 2026, 01.31 AM IST
China's DeepSeek releases new AI model a year after viral riseChinese AI firm DeepSeek unveiled a new model with significantly lower costs and a massive one million word context. This development promi...
24 Apr, 2026, 11.23 PM IST
US chipmakers hit record highs as Intel turbocharges AI rallyAmerican chip stocks hit new peaks on Friday. Intel's strong revenue forecast boosted optimism about the ongoing AI boom. The semiconductor...
24 Apr, 2026, 07.54 PM IST
U.S Stock Market today: Will DeepSeek disrupt Wall Street stocks again? Fears rise as Chinese AI startup makes highly awaited launchDeepSeek has often been hit with accusations by Washington and U.S. rivals that its success owes much to the improper use of U.S.
24 Apr, 2026, 06.18 PM IST
Zhipu accelerates pivot to domestic chips amid AI boom in ChinaChinese AI firm Zhipu AI is boosting its use of local chips amid soaring computing needs. The company reported strong revenue growth for 20...
31 Mar, 2026, 06.31 PM IST
China's Zhipu posts 132% rise in annual revenue on AI boomZhipu AI reported revenue growth of 131.9% for 2025 on Tuesday, in its first results update since raising HK$4.35 billion ($554.9 million) ...
31 Mar, 2026, 05.53 PM IST
Another DeepSeek shock loading: will the new DeepSeek AI model trigger a Nasdaq tech stock crash as China’s AI race heats up?DeepSeek Shock: Nasdaq surged over 30% in the past year on the AI stock rally. Now the DeepSeek AI model launch is raising fresh market ris...
24 Feb, 2026, 06.07 PM IST
China's DeepSeek is asking employees not to travel abroad freely, claim reportsAI chatbot firm DeepSeek of China has reportedly issued travelling notice to its employees.
14 Mar, 2025, 11.16 PM IST
China's DeepSeek claims theoretical cost-profit ratio of 545% per dayThis is the first time the Hangzhou-based company has shared details about its profit margins from less computationally demanding "inferenc...
01 Mar, 2025, 06.09 PM IST
Nvidia under spotlight after DeepSeek AI bombshell; here's the critical number that every Nvidia investor must trackNvidia's stock dropped by 11% in 2025 after Chinese AI startup DeepSeek claimed to develop a high-performing language model for only $6 mil...
06 Feb, 2025, 07.28 PM IST
Nvidia may face new competition as DeepSeek challenges the need for high-end AI chips, says FitchFitch Ratings claimed that the shift toward more affordable AI solutions could slow down the massive investments made by cloud providers in...
05 Feb, 2025, 07.34 PM IST