Chinese AI lab DeepSeek has trained its V3 model for $5.6 million, a fraction of the cost of GPT-4, and continues to match or beat frontier labs with larger budgets. The company's efficiency, driven b…
Kazakh President Kassym-Jomart Tokayev concluded a visit to Shanghai, where he attended the World Artificial Intelligence Conference and met with Chinese President Xi Jinping, resulting in over 70 com…
China and Kazakhstan signed over 70 commercial agreements worth more than $15 billion at the World AI Conference in Shanghai, covering AI infrastructure, battery manufacturing, and data centers. The d…
Chinese luggage maker Anhui Korrun disclosed in a stock-exchange filing that its subsidiary took a 0.8265% indirect stake in AI startup DeepSeek, implying a valuation of approximately $52 billion. The…
Chinese AI startup DeepSeek raised over $7.4 billion in its first external funding round, led by Tencent and CATL, with founder Liang Wenfeng personally contributing $3 billion. The company plans to u…
Chinese AI startup DeepSeek is seeking a $74 billion valuation in a new funding round ahead of a potential IPO on Shanghai's STAR Market, according to sources. The company, which previously raised $7.…
Chinese AI startup DeepSeek is in talks to raise a new funding round at a pre-investment valuation of around $70 billion, shortly after closing its first round. The new round follows strong investor d…
Chinese AI startup DeepSeek is in talks to raise $1.5 billion at a $71 billion valuation, a 37% increase from its May round, and has begun IPO preparations targeting a 2027 market debut. The company, …
DeepSeek is planning a new funding round at a $71 billion valuation just weeks after closing its first $7 billion round, aiming to build its own data centers and acquire AI chips to sustain its aggres…
DeepSeek, the Chinese AI startup valued at up to $59 billion, is planning an IPO this year after shaking global markets with its low-cost reasoning model. The company, founded by hedge fund manager Li…
DeepSeek is in preliminary talks to raise new funds at a $71 billion valuation, a $19 billion increase from its $52 billion valuation six weeks ago. The rapid rise, driven by model updates and favorab…
Chinese AI startup DeepSeek is in discussions for a new funding round that would value it at $71 billion pre-money, according to the Financial Times, just weeks after raising over $7.4 billion in its …
Chinese technology companies have raised $17.38 billion through IPOs and secondary share sales in Hong Kong so far in 2026, driven by surging investor demand for artificial intelligence, semiconductor…
Panasonic plans to localise production of data-centre battery cells in Kansas by fiscal 2028, redirecting a large slice of its AI infrastructure investment toward storage. The Japanese group aims to c…
DeepSeek has accelerated recruitment for a new Harness team to build agent workflows, and is exploring self-built compute facilities in Inner Mongolia, following a Series A funding round exceeding 50 …
Chinese AI startup DeepSeek plans to at least double its staff of roughly 170 after raising $7.4 billion in its first external funding round, one of the largest ever for a Chinese startup. The round, …
DeepSeek raised $7.4 billion in its first external funding round, valuing it above $50 billion, but the deal structure gives China's National Artificial Intelligence Industry Investment Fund direct eq…
DeepSeek raised $7.4 billion in Series A funding led by Tencent, with CATL as a major investor, signaling a shift in Chinese AI funding toward non-ecosystem players as Alibaba and ByteDance sat out. T…
Chinese AI company DeepSeek raised approximately $7.4 billion in its first external funding round on June 16, 2026, at a valuation between $52 billion and $59 billion. Founder Liang Wenfeng contribute…
Ford launched Ford Energy, a $2 billion subsidiary to manufacture grid-scale battery storage systems for AI data centers and utilities, repurposing a Kentucky plant originally built for EV batteries. …