Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

FORGOTTEN HISTORY: Deepseek - Caught on Camera

China's new AI model halts new subscriptions as demand swamps capacity

The Chinese AI model Kimi K3 has suspended new subscriptions after overwhelming demand pushed its capacity close to its limits

The Independent UK

Chinese AI Models Overtake US Rivals as Token Share Among American Firms Hits Record 58%

Chinese artificial intelligence models now account for the majority of tokens processed by U.S. firms on OpenRouter, overtaking American rivals for the first time as developers increasingly adopt offerings from companies such as DeepSeek.

Benzinga

China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO

The plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $7.4 billion in June at a post-money valuation of about 450 billion yuan, the people said. Filings by two Chinese investors later suggested DeepSeek was valued at 350.88…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Chinese AI model takes US tech industry by surprise with abilities rivalling Claude, ChatGPT

The newest Kimi K3 model from Beijing-based startup Moonshot, run by a Pink Floyd-loving entrepreneur who earned his doctorate in Pittsburgh, appears to be catching up to the best versions of Anthropic's Claude and OpenAI's ChatGPT.

The Economic Times

Chinese AI model takes US tech industry by surprise with abilities rivaling Claude and ChatGPT

Another powerful new artificial intelligence model from China is taking the U.S. tech industry by surprise

The Independent UK

Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album

K3 might undermine the conventional wisdom that U.S. firms can maintain their extended lead by simply outspending Chinese competitors on computing power.

Fortune

Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory

“K3 stands as Moonshot AI's most powerful open-source coding model to date,” Moonshot AI wrote in a press release.

Fortune

Read news from The Economist, FT, and more,
with one subscription

Chinese filing implies DeepSeek valuation of around $52 billion

The stock-exchange filing offers rare public evidence about the pricing and investor lineup of DeepSeek's maiden external fundraising, which the company has never announced. As a private company, DeepSeek ‌has no routine ⁠disclosure ⁠obligations.

The Economic Times

Business Brief (July 16): DeepSeek Said to Prepare for IPO

Tencent integrates its AI assistant with JD.com, tech and EV sectors drive a surge in China’s power consumption

Caixin Global

Anthropic Claude Traffic Skyrockets 500% to Outpace Smaller AI Rivals

For all the attention on OpenAI‘s ChatGPT and Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Gemini, one of the fastest-moving stories in generative AI may belong to a much smaller player.

Benzinga

China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO

The plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $7.4 billion in June a post-money valuation of about 450 billion yuan, the ‌people said.

The Economic Times

Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario Amodei

DeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creator of artificial intelligence models. This surge in valuation makes him a prominent figure in China's tech landscape. His company's success is attributed to early investments in computing power. Liang's…

The Economic Times

DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founder

Liang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well above Anthropic PBC co-founder Dario Amodei and OpenAI’s Greg Brockman.

The Economic Times

DeepSeek AI review

DeepSeek delivers frontier-class AI performance at a fraction of competitor prices, but serious privacy concerns make it a complicated choice for businesses.

TechRadar

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

DeepSeek Just Dealt Nvidia Stock a Potentially Major Blow

DeepSeek’s custom AI chip ambitions could reshape the competitive landscape. What does that mean for Nvidia over the long term?

The Economic Times

China plans to let top AI firms buy limited Nvidia H200 chips: Report

China plans to permit its leading artificial intelligence companies to acquire Nvidia's H200 chips. Officials have informed Alibaba, ByteDance, and DeepSeek about potential upcoming permissions. Nvidia has already secured licenses from the United States government for these sales. The chip giant's shares saw a slight increase following this news report.…

The Economic Times

China's MiniMax plans to launch giant 2.7 trillion parameter model

Chinese AI firm MiniMax is developing a 2.7 trillion-parameter model. This new model could become the world's largest open-weight AI system. Cheaper Chinese AI models are gaining traction as alternatives to US systems. MiniMax will also launch a multimodal video generation model soon. The company is planning a second listing…

Barchart

Stock Index Futures Tumble as Oil Jumps After Trump Says U.S.-Iran Ceasefire Is Over, FOMC Minutes on Tap

September S&P 500 E-Mini futures (ESU26) are down -0.96%, and September Nasdaq 100 E-Mini futures (NQU26) are down -1.34% this morning as sentiment took a hit after U.S. President Donald Trump declared an end to the ceasefire with Iran, sending oil prices and bond yields soaring.

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

China’s DeepSeek is building its own AI chip to end US reliance

ChatGPT rival is seen as the standard-bearer of China's AI ambitions after releasing an AI model that went viral worldwide last year

The Economic Times

Global AI industry falls short on safety, think tank warns

US artificial intelligence lab Anthropic scored the highest in a semiannual safety ranking, but globally the industry fails to combat "existential" threats, according to a report released on Tuesday. All nine companies are failing when it comes to combating "existential" threats such as pursuing models that reach human-level intelligence, known…

TechRadar

DeepSeek accidentally built a working ransomware strain, experts note, 'What we are witnessing is a fundamental shift in how novel cyber attacks are born'

DeepSeek accidentally created a working browser ransomware technique targeting Android photos, Check Point Research found, without human guidance involved.

TechRadar

Chinese DoorDash rival smashes open source record with 1.6-trillion-parameter LLM with a 1-million-context-token model crafted without Nvidia hardware

Meituan released LongCat-2.0, a 1.6-trillion-parameter model trained entirely on domestic chips, avoiding Nvidia hardware entirely.

International Business Times

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.

The Economic Times

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

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.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.