Nvidia’s Growth Momentum Is Unlikely to Be Impacted by Competition in the Near Term Nvidia faces a new challenge as DeepSeek unveils AI software powered by Huawei. Barchart · 6h ago
Moonshot AI eyes Hong Kong IPO after $50 billion valuation as DeepSeek raises capital Chinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut. Euronews · Oct 6
DeepSeek to raise at least $12 billion in Tencent-backed funding Chinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter. The Economic Times · Oct 6
Reflection AI unveils its first open model, Beam. Could it be America’s best chance to compete with China? The New York–based company already has deals with U.S. government agencies and billion-dollar compute agreements. Fortune · Oct 5
China's AI agents can lie and scheme - just like their US rivals Reuters examined more than 200 documents, ranging from university research papers to technical reports, and identified at least 20 studies or evaluations since 2025 describing cases where agents displayed behaviour such as deception, replication and challenging boundaries that AI experts described as building blocks for a breakout and which could… The Economic Times · Sep 29
Anthropic And OpenAI Are Facing Stiff Competition From Open-Weight Competitors. They Are Releasing Cheaper Models. OpenAI introduced GPT-6 Sol and GPT-6 Luna, cutting API prices by 50%, while Anthropic unveiled Claude Opus 5.5. International Business Times · Sep 22
Altman and Amodei Have Warned The World About Uncontrolled AI. They Will Now Address The UN Security Council. The Security Council is scheduled to meet Wednesday to discuss AI and international security. International Business Times · Sep 22
Chinese AI Models Are Winning Users With Lower Prices, But OpenAI And Anthropic Are Making 10 Times More Revenue. Chinese AI companies are turning to public markets and fresh fundraising to pay for the computing power needed to expand their models. International Business Times · Sep 17
Trump, Xi are unlikely to agree to AI slowdown at meeting next week, despite calls from OpenAI and Anthropic to do so, experts say The CEOs of Anthropic and OpenAI say the two countries must pace technological development to protect the human race, but both leader seems uninterested, and maybe even antagonistic to the idea. Fortune · Sep 15
China's DeepSeek hires dealmaker as CFO ahead of possible IPO A CFO typically plays a central role in managing investor communications, financial controls, capital allocation and disclosure processes required for a listing. The Economic Times · Sep 14
Faced with less compute and fewer tokens, Chinese AI labs are tightening the gap with the US by just being more efficient Federal agencies accused six Chinese AI companies of training on American models to do this, but analysts say it’s not the only explanation Fortune · Sep 13
China rejects Anthropic allegations of using Claude to train their models China has firmly rejected accusations by US artificial intelligence company Anthropic that Chinese AI labs, including DeepSeek, Alibaba and Moonshot AI, carried out large-scale efforts to extract responses from its Claude models and use them to train their own systems. The Times of India · Sep 12
DeepSeek And Alibaba Are Closing The AI Gap. Anthropic Accuses them Of Using Claude To Help Train Their Models. Anthropic linked Alibaba to more than 151 million Claude exchanges and DeepSeek to another 12.1 million as Chinese labs sought advanced reasoning capabilities. International Business Times · Sep 11
China, Iran among countries using AI to spy on dissidents and minorities, Anthropic says Anthropic said Thursday it had disrupted several state-sponsored surveillance operations using its artificial intelligence models, warning of the growing AI use to target dissidents and minorities. The campaigns, detected between January and July, originated in China, Iran and West Africa and targeted diaspora communities, including Hong Kong pro-democracy activists. France 24 · Sep 11
The Economic Times · Sep 11 Anthropic disrupts state-backed surveillance campaigns using AI in China, Iran, Africa Anthropic AI company has stopped several state-sponsored surveillance operations. These operations used its artificial intelligence models for spying purposes. Governments and state-aligned actors are increasingly using AI for surveillance. Chinese developers also deceptively used Anthropic's AI models for their own development. The company also blocked efforts to design weapons and…
The Times of India · Sep 9 DeepSeek, Alibaba among major Chinese AI firms accused of stealing trade secrets of American counterparts United States agencies accuse Chinese AI firms of stealing trade secrets. These companies allegedly use "distillation" to copy American AI model capabilities. This practice aims to cut development costs and speed market entry for new technologies. US authorities warn of potential sanctions and entity list designations for IP theft. Hackers…
The Economic Times · Sep 9 China's DeepSeek taps CITIC Securities for domestic IPO DeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Companies seeking a mainland China listing typically appoint securities firms to conduct pre-listing tutoring before submitting an application.
International Business Times UK · Sep 8 US Names Six Chinese AI Firms Accused of Stealing Claude, GPT and Gemini Capabilities US agencies accuse six China-based AI companies of extracting capabilities from US AI models, alleging industrial-scale operations with potential government knowledge, raising concerns over AI trust and transparency.
The Economic Times · Sep 4 DeepSeek plans big Huawei AI chip order to power new data centre The startup doesn’t currently plan to use the 950DT chips for training, one of the people said, even though Huawei designed and marketed these processors to serve that more demanding function. While DeepSeek tried to train its previous models on Huawei chips, it has so far relied on Nvidia accelerators…
Fortune · Aug 27 Chinese open-source AI is starting to win over U.S. businesses New spending data suggests companies are increasingly turning to cheaper, customizable open models—including fast-improving systems from China.
Fortune · Aug 19 Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors The Hangzhou-based startup, founded in 2016, has quickly become something akin to a national champion in China's robotics sector.
Tom’s Hardware · Aug 19 Beijing AI bar that offers unlimited free DeepSeek coding tokens with $1.50 drink haemorrhaging cash — 'the bar is completely losing money, ' owner admits An AI-themed bar in Beijing's Zhongguancun tech hub hands out free, unlimited DeepSeek tokens with its drinks, running inference locally on two Nvidia DGX Spark mini-PCs.
Benzinga · Aug 19 Tesla Optimus Rival Unitree Robotics Explodes 629% in Shanghai Debut, Briefly Hits $66 Billion Valuation Shares of Unitree Robotics experienced a massive surge in their Shanghai trading debut on Wednesday, marking an impressive 629% increase from their IPO price.
The Economic Times · Aug 18 At Beijing AI-themed bar, DeepSeek tokens come with the pints As AI enthusiasm sweeps across China, Song De opened AGI Bar, named after the concept of artificial general intelligence where AI systems surpass human intelligence, last year in Zhongguancun, the capital's high-tech neighbourhood in Haidian district. It is now a hub for Beijing's AI developers, investors and students.
International Business Times · Aug 14 China's AI Models Are Catching Up. Z.ai's GLM-5.3 Takes Aim at OpenAI & Anthropic The Beijing-based company said its upcoming GLM-5.3 model will deliver improved coding capabilities, putting its performance closer to leading systems such as Anthropic's Fable 5.