A new plan from the Zhejiang government will see billions of yuan spent through 2027 to support AI companies and attract ‘top ...

The best way to invest in AI. DeepSeek is a Chinese AI startup that ... the collective market caps of big Chinese tech companies. Alibaba and Tencent's share prices dropped more than 75% during ...

which it said surpassed the performance of DeepSeek’s highly acclaimed V3 model, released just a few weeks before. Last week, Alibaba pledged to invest at least 380 billion yuan ($52.4 billion ...

Investing.com-- Alibaba’s Hong Kong shares ... a new open source artificial intelligence model that rivaled DeepSeek. Alibaba on Thursday open-sourced its recently unveiled QwQ-32B AI model ...

Tencent and Alibaba remain well ... to the introduction of external investment, implying the probability of a near-term IPO is likely low. We expect DeepSeek’s focus to remain, for now, on ...

For investors, DeepSeek's emergence is causing a serious rethink regarding sky-high valuations of U.S. tech firms, especially ...

The AI model race in China is getting hotter and hotter. E-commerce giant Alibaba released Qwen3, the latest generation of ...

DeepSeek has made a "real impact" in how people think about inference and reasoning AI, the Nvidia CEO said.

Alibaba’s Qwen3 family of AI models have dethroned DeepSeek's R1 model on LiveBench's open-source model ranking, making it ...

ADJUSTED NET PROFIT: Excluding share-based compensation expenses, investment gains and losses, some impairments and other items, adjusted net profit is expected at 30.53 billion yuan, according to ...