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UNCOVERED: 2 - Caught on Camera

Chinese AI Models Are Winning Customers On Price. Now OpenAI And Anthropic Face A New Cost War.

DeepSeek, Z.ai and Alibaba's Qwen are gaining traction among U.S. companies as enterprises prioritize lower operating costs without giving up competitive AI performance.

International Business Times

Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AI

Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AI

Global semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earnings. Investors are reassessing valuations after a strong AI-led rally, while concerns over custom chip development and future demand are making markets more selective towards AI-linked semiconductor companies.

The Economic Times

China's DeepSeek developing its own AI chip

China's DeepSeek developing its own AI chip

The chip is designed for inference - the stage of AI computing in which a trained model generates responses for users - rather than for training new models, sources said.

The Economic Times

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Is This The New ChatGPT Killer? Cheap Chinese AI Model Stuns Silicon Valley

The Chinese AI model GLM-5.2 is gaining attention for its cost-effective performance, challenging perceptions of Chinese AI capabilities and sparking debate on its potential to rival Western models.

International Business Times UK

A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turf

Western startups are increasingly turning their attention to affordable and powerful AI models from China, particularly Z. ai's GLM-5.2, which competes with leading US technologies at significantly lower prices. This trend, referred to as a 'mini DeepSeek moment,' is generating buzz in Silicon Valley due to its coding capabilities. However,…

The Economic Times

Easemate.ai review

Easemate.ai bundles AI chat, image generation, and video tools into one platform with a free tier and affordable paid plans from $8.90/month.

Business Brief (June 30): China Pushes for Faster AI Breakthroughs

Global chipmakers reportedly plan July price hikes amid AI boom, while DeepSeek readies its new model rollout

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Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the lead

Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the lead

In the race between the U.S. and China to develop artificial intelligence, the battle over hardware and computing power is heating up as Chinese companies like Huawei overtake global industry leaders like Nvidia in their home market

The Independent UK

'Humanity now stands on the eve of AGI': DeepSeek wants to "at least double the size of every department" as company pursues hiring spree in pursuit of AGI

'Humanity now stands on the eve of AGI': DeepSeek wants to "at least double the size of every department" as company pursues hiring spree in pursuit of AGI

DeepSeek is hiring engineers, product managers and more as it targets the next era of AI – artificial general intelligence.

Anthropic says Alibaba illicitly extracted Claude AI model capabilities

Anthropic says Alibaba illicitly extracted Claude AI model capabilities

US AI firm Anthropic has accused Chinese tech giant Alibaba of orchestrating the largest known attempt to steal its artificial intelligence capabilities. The company alleges Alibaba used nearly 25,000 fraudulent accounts to extract data from its Claude chatbot between April and June 2026, aiming to replicate its advanced AI model.

The Economic Times

CEO of Chinese Anthropic rival tells Elon Musk that China will have a Fable 5-class AI model before next year — it ‘won’t take that long’ says Jie Tang in response to Musk's prediction of a Q1 target

CEO of Chinese Anthropic rival tells Elon Musk that China will have a Fable 5-class AI model before next year — it ‘won’t take that long’ says Jie Tang in response to Musk's prediction of a Q1 target

Elon Musk estimated that Chinese AI firms would have an LLM with Mythos level capability by the first quarter of 2027. However, the CEO of Beijing-based Z.ai responded to the comment, saying that their company will achieve this soon, but did not give a concrete timeline.

Tom’s Hardware

The US almost blacklisted DeepSeek for contributing to China’s military and intelligence — but the White House held back to avoid escalating tensions

The US almost blacklisted DeepSeek for contributing to China’s military and intelligence — but the White House held back to avoid escalating tensions

Chinese firms were not added to the Entity List ahead of Trump's meeting with Chinese premier Xi Jinping.

DeepSeek was set to be added to US Entity List for supporting China’s military and intelligence operations, report claims — White House holds off to avoid escalating tensions with China

DeepSeek was set to be added to US Entity List for supporting China’s military and intelligence operations, report claims — White House holds off to avoid escalating tensions with China

DeepSeek and CXMT, which have both been tagged as supporting Chinese military and intelligence operations, are set to be added to the U.S.'s Entity List. However, the White House hasn't included them yet in order to avoid escalating trade tensions with Beijing.

Tom’s Hardware

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say

DeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity List, which is being reported for the first time. Reuters is also exclusively reporting the large number of companies awaiting publication on the list.

The Economic Times

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The Economic Times

U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources say

America has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies were flagged for national security risks. The US aims to prevent further escalation of tensions with Beijing.

Anthropic’s Fable fiasco leaves the door open for open-source AI, particularly cheaper models from China

“Frontier intelligence should not … be subject to withdrawal by a handful of rules at any moment,” Z.ai, a Chinese AI developer, wrote on social media.

The Economic Times

Hari Menon exits BigBasket; Sarvam cofounder on fresh funding

BigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.

The great AI Irony: China cracks down on Western models while US companies flock to DeepSeek

China is taking a hard-hitting approach to foreign AI and chipmakers, even as Western nations continue to embrace DeepSeek as a cheaper alternative

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Tom’s Hardware

After spat with Chinese gov't, Meta cuts AI Manus off from its internal systems and is 'sunsetting' platform, report claims — Beijing-ordered breakup of $2 billion AI deal begins

Meta has finished separating its operations from Manus, the Chinese-founded agentic AI startup it acquired for roughly $2 billion in December.

The Economic Times

DeepSeek close to sealing $7 billion funding in historic AI deal

Chinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. DeepSeek’s fundraising would mark a new level of ambition from China’s AI leaders as they seek to compete with their American counterparts in the field.

Tom’s Hardware

Huawei-led team claims it post-trained DeepSeek's 1.6-trillion-parameter model — 1,000 Ascend 910C chips used in training

A research group that includes Huawei Technologies says it completed full-parameter post-training of DeepSeek's V4-Pro, a 1.6-trillion-parameter model.

International Business Times UK

Anthropic Is Too Expensive, Microsoft's AI Chief Warns — US Firms Turn to China's DeepSeek

US companies are exploring cost-effective AI alternatives, including Chinese models like DeepSeek, as costs of popular AI tools rise. Flexibility and pricing are key factors driving this shift.

Many US tech firms are turning to China's DeepSeek as the bill for homegrown AI bites – American AI companies could learn a thing or two

American models are simply too expensive – US firms are now turning to DeepSeek for cheaper costs and portability.

The Economic Times

DeepSeek slated to draw $7 billion in maiden fundraising, sources say

The fundraising could value the company after the investment at between 350 billion yuan and 400 ‌billion yuan, ⁠or between $52 billion ⁠and $59 billion.

The Economic Times

Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance?

Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan data showed Chinese AI token consumption surging sharply between February and May 2026, signaling explosive AI adoption across enterprise software, mobile ecosystems, e-commerce platforms, and productivity tools. Lower-cost open-source AI…

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