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HANGZHOU AI STARTUP
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 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 ...
- DeepSeek goes down for seven hours in biggest outage since debutDeepSeek’s chatbot in China experienced a rare seven-hour outage, disrupting users overnight. The startup deployed multiple updates to fix ...
- China's Alibaba targets $100B in AI and cloud revenue over 5 yearsChinese tech giant Alibaba plans to earn over 100 billion dollars from its artificial intelligence and cloud businesses in the next five ye...
- DeepSeek to launch new AI model focused on coding in February: ReportChinese AI firm DeepSeek is reportedly preparing to release its new V4 model next month. This advanced AI is expected to excel in coding ta...
- Alibaba leads $140 million funding round in X Square RobotThe Hangzhou-based company has said it plans to spend $53 billion on AI infrastructure over three years in a major pivot. Artificial intell...
- China is spending billions to become an AI superpowerChina is rapidly catching up to the United States in AI. Chinese firms like DeepSeek and Alibaba are developing top-tier open-source AI sys...
- China is spending billions to become an AI superpowerChina is rapidly closing the AI gap with the U.S. through state-backed initiatives, mirroring its success in electric vehicles and solar po...
- Czech Republic bans DeepSeek in state administration over cybersecurity concernsCzech Prime Minister Petr Fiala said the government acted after receiving a warning from the national cybersecurity watchdog, which noted a...
- The coder 'village' at heart of China's latest AI frenzyHangzhou, a suburb of China, is emerging as a prominent AI hub, attracting entrepreneurs and tech talent with govt support and proximity to...
- The coder 'village' at the heart of China's AI frenzyIn Hangzhou’s Liangzhu suburb, a thriving AI startup scene is emerging, driven by young coders, government support, and low living costs. E...
- DeepSeek unveils update to R1 modelDeepSeek has announced a minor upgrade to its R1 AI model, which previously stunned the tech world by outperforming Western competitors at ...
- DeepSeek's progress shows rise of China's AI companies, says Chinese officialDeepSeek's progress reflects the rise of Chinese companies in artificial intelligence, a spokesperson for China's parliament told media. Lo...
- China's Zhipu AI raises $137 million as state funds bet on AI raceThe Beijing-based startup said it would use the funds to enhance its GLM large language model and expand its AI ecosystem, with a focus on ...
- China's Deepseek cuts off-peak pricing by up to 75%Usage costs during this timeframe for the API of the hit R1 and V3 models would be 75% and 50% cheaper, respectively, according to the Hang...
- Six top Chinese startups, commonly known as the Six Little Dragons, catapult this city as the next tech hub of China; here's all about itHangzhou is rapidly emerging as a major technological hub of China, and the rise of local startups are major current contributor to the sam...
- Italy's data watchdog has questions for DeepSeekThe authority has inquired about the type of information used to train DeepSeek's AI system and, if the data was scraped from the internet,...
- DeepSeek limits registrations due to cyber attackChinese startup DeepSeek said on Monday it is temporarily limiting registrations due to a large-scale malicious attack on its services.
- Nvidia share price: US chip-maker set for biggest one-day loss, erases $500 billion of market capNvidia on Monday lost $500 billion of its market value after emergence of DeepSeek.
- As users flock to DeepSeek, the Chinese AI titan is hit by outagesDeepSeek, a Chinese AI startup, experienced outages following its rapid rise to the top-rated free app on Apple's US App Store.
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