DeepSeek has suspended its second fundraising round after leaked comments from founder Liang Wenfeng about China's dependence on Nvidia chips and the country's AI gap with the United States went viral…
DeepSeek has suspended its second fundraising round after comments widely attributed to founder Liang Wenfeng about US-China AI competition went viral, people familiar with the matter said. The Chines…
Asia-focused hedge funds that rode the AI chip rally to gains of 60% to 120% in the first half of 2026 have given back 12% to 17% in July as a $137 billion foreign exodus from Asian equities and a 31%…
A quant fund at DeepSeek founder Liang Wenfeng's Zhejiang High-Flyer Asset Management slumped 15.7% in the week ended Jul 17, while a similar fund at HanTak Investment Management lost an estimated 16.…
Chinese AI pioneer DeepSeek has begun preparations for an initial public offering and may file as soon as this year, targeting a debut in 2027, according to people familiar with the matter. The Hangzh…