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YOU WONT BELIEVE: 4 - You Need To See This

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.

TechRadar

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…

The Economic Times

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China expands travel curbs to top AI talent at private firms

China is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology and boost its standing against the United States. Individuals deemed strategically important need government approval for overseas trips. This policy targets talent in the AI sector, including startup founders…

The Economic Times

Tech Brief (May 26): Huawei Targets 1.4-Nanometer Chip Performance by 2031 With New Design Architecture

Unitree fast-tracks Shanghai IPO with target valuation of $6.2 billion, DeepSeek cuts flagship AI model prices by 75% as funding round looms

Caixin Global

'We have no time to waste': Germany launches €125M push to build Europe’s frontier AI

Euronews Next spoke with SPRIND’s Jano Costard to hear whether Europe can still catch up in the AI race and what Europe can still do differently.

Euronews

DeepSeek and China’s AI boom are increasingly powered by state money

Government-linked investors in China went from backing fewer than 10 AI deals annually before 2018 to more than 140 in 2025, reshaping who controls the future of AI.

Fortune

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These are tech titans in Beijing with Trump and what they want from China

A handful of US tech titans are joining President Donald Trump in Beijing for the summit with Xi Jinping. Here’s a look at the ties that each tech company has in China.

Euronews

China tech giant Tencent sees Q1 profit jump after AI bets

Tencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artificial intelligence sector. The tech giant is actively competing in AI, unveiling model upgrades and reportedly considering investments in startups, despite rising AI costs impacting margins.

The Economic Times

Does Xi Need Trump?

Plus: California gas prices, monkey thieves, and more...

Reason

Business Brief (May 11): Chinese and U.S. Officials to Hold Trade Talks in South Korea

DeepSeek reportedly plans to raise up to 50 billion yuan, Beijing advances 6G plans

Caixin Global

The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globally

More than a year after the Chinese AI chatbot DeepSeek, a main rival to OpenAI’s ChatGPT, stunned the world with its own advanced AI model, China has become a testing ground for mass use of AI tools

The Independent UK

As Alibaba Rolls Out the Happy Horse AI Model, Should You Buy, Sell, or Hold BABA Stock?

BABA's AI business is growing rapidly and has great potential, but its domestic e-commerce business appears unappealing.

Barchart

AI did what? ChatGPT's big upgrade, Google’s plans to make AI invisible, DeepSeek’s return and more of the week’s most surprising developments

This week, AI is all about "super" apps, invisible apps and a geopolitical AI race.

TechRadar

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TechRadar

‘Extraction and distillation’: US State Department upgrades AI theft accusations to target China’s Deepseek, Moonshot AI and MiniMax

The State Department says Chinese AI companies are 'distilling' US AI models.

Tom’s Hardware

DeepSeek launches 1.6 trillion parameter V4 on Huawei chips as U.S. escalates AI theft accusations — U.S. gov't alleges IP theft by DeepSeek and other Chinese AI firms

DeepSeek on Friday released a preview of its V4 large language model, the Hangzhou-based startup's most powerful to date.

PC Gamer

White House claim that China is 'engaged in deliberate, industrial-scale campaigns to distil US frontier AI systems' called 'pure slander' by Chinese embassy

A memo seen by the Financial Times places the blame on "foreign entities, principally based in China."

Fortune

DeepSeek unveils its newest model at rock-bottom prices and with ‘full support’ from Huawei chips

The narrow gap between DeepSeek and leading U.S. models, as well as its low prices, raises questions about OpenAI’s and Anthropic’s competitive moat.

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Euronews

China’s DeepSeek releases new AI model V4. Here’s everything to know as the AI race speeds up

China’s AI startup is back a year after it stirred up the AI industry with ‘world-leading’ processing power at a fraction of the cost of other models.

Barchart

Nasdaq Futures Rally on Upbeat Intel Earnings and Iran Talks Optimism

June Nasdaq 100 E-Mini futures (NQM26) are trending up +1.33% this morning as strong quarterly results and guidance from chipmaker Intel, along with optimism over potential U.S.-Iran talks, boosted sentiment.

The Independent UK

Chinese AI giant DeepSeek releases long-awaited new model

IN FULL

The Independent UK

China's DeepSeek rolls out a long-anticipated update of its AI model

DeepSeek, the Chinese artificial intelligence startup that shook up world markets last year, has launched preview versions of its latest major update

The Independent UK

China’s DeepSeek releases new AI model it claims beats all open-source competitors

New version reportedly better optimised for Asian nation’s domestic chips

The Independent UK

Trump administration vows crackdown on Chinese companies 'exploiting' AI models made in US

The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race

Caixin Global

Business Brief (April 23): Tencent, Alibaba Reportedly in Talks to Invest in DeepSeek

Tesla to integrate Doubao AI model into vehicles in China, China issues birth-support guidelines

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