Chinese AI startup DeepSeek is weighing raising new funds one month after closing its first round, the Financial Times reported on Tuesday. The company started preliminary talks this week with new investors about opening another round that would value the company at about $71 billion before the deal, according to the report. DeepSeek did not … Read more
China is planning to allow the country’s top AI companies to buy a limited number of Nvidia’s H200 chips, the Information reported on Wednesday, citing two people with direct knowledge of the matter. Chinese officials have told Alibaba, ByteDance and DeepSeek in recent weeks that they may soon receive permission to buy some H200 chips, … Read more
US President Donald Trump said the United States must maintain its leadership in artificial intelligence and cryptocurrencies, warning that falling behind could allow China to dominate two of the world’s fastest-growing technologies. Speaking in an exclusive interview with CNBC, Trump described AI and crypto as strategic industries that will shape global economic and technological leadership … Read more
The Chinese tech company’s shares are on track for their best month since January. Alibaba shares have accelerated their gains this month as the Chinese e-commerce giant has released a succession of new artificial intelligence models. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars & … Read more
