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Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.- Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
- US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...
- AI euphoria to end? Chris Wood warns mega IPOs, bond pressures may trigger tech correctionJefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, cr...
- 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...
- 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...
- China adds data and AI to trade secret rules to block leaksEffective Monday, the Regulations on Trade Secret Protection mark the first time Chinese law protects such digital assets as proprietary se...
- Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance?Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan d...
- China expands travel curbs to top AI talent at private firmsChina is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology...
- US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...
- 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...
- DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
- The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globallyChina is rapidly adopting artificial intelligence tools. Ordinary citizens and businesses are using AI for daily tasks and work. Chinese co...
- Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launchAmidst the growing competition in artificial intelligence, Chinese tech behemoths are racing to secure Huawei's Ascend 950 AI chips. The ur...
- 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...
- 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...
- Tencent, Alibaba in talks to invest in DeepSeek at over $20 billion valuation: ReportChinese tech giants Tencent and Alibaba are reportedly in talks to invest in AI startup DeepSeek. The company is aiming for a valuation exc...
- Waiting for DeepSeek: new model to test China's AI ambitionsDespite reports and rumours about its imminent release, DeepSeek's next-generation "V4" model is nowhere in sight. Speculation is also swir...
- DeepSeek V4 model to use Huawei chips? But, can Huawei truly match Nvidia in power and scaleDeepSeek is moving V4 AI model to Huawei chips, reducing reliance on Nvidia hardware. This shift reflects China’s AI independence strategy ...
- You thought DeepSeek was enough? Wait! China's Alibaba releases a new version of its Qwen 2.5 AI model that it claims surpasses DeepSeek-V3; here's what is new in itIt looks like China-based AI agents are now bringing in a complete onslaught for Silicon Valley companies to face. After DeepSeek AI, it is...
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