BIZARRE: 2 - You Need To See This

Tech Brief (Aug. 14): DeepSeek Launches V4-Pro and Raises API Prices by as Much as 1,100%

WeRide targets break-even by 2029 with driver-assistance sales, asset-light overseas push, Honor’s new smartphone doubles as a robotic camera operator

Caixin Global · Aug 14

Zhipu’s new AI model takes aim at OpenAI, Anthropic in China’s race to close the gap

Chinese AI firm Z.ai has launched its new GLM-5.3 model. This release intensifies competition with OpenAI and Anthropic. The model offers improved coding capabilities and open access for developers. Chinese AI companies are narrowing the performance gap with US rivals. Z.ai aims to attract users with its permissive licensing approach.

The Economic Times · Aug 14

DeepSeek releases official V4 Pro model as it steps up expansion

The ​new ​rates - ⁠ranging from 50% to 1,100% ​above current prices, ​depending on the model, token type, and ‌time of use - will ​take ​effect ⁠on August 17, according to the statement.

The Economic Times · Aug 13

Global Market: China stocks rebound on AI, chip rally; Hong Kong shares slip

Chinese stocks rebounded on Tuesday, led by gains in AI and semiconductor shares, as renewed optimism over the sector and a global technology rally lifted sentiment. While mainland markets advanced, Hong Kong shares slipped despite gains in Alibaba, with investors also weighing slower manufacturing growth and broader regional market trends.

The Economic Times · Aug 4

The AI race isn’t about models, it’s about infrastructure—and the U.S. is still far ahead

So long as the U.S. controls the underlying infrastructure that enables AI ecosystems, it will stay dominant.

Fortune · Aug 4

DeepSeek's new AI model is by far the cheapest of well-known models to run, research firm says

A version of Chinese startup DeepSeek's flagship AI model is by far ​the least expensive to run on ​benchmark tests among well-known models globally and more than 100 times cheaper to ​run than Anthropic's Claude Fable 5, according to a research firm.

The Economic Times · Aug 3

Despite China's 996 culture, DeepSeek founder Liang Wenfeng says his workers don't do overtime or even have KPIs: ‘No one manages them’

While Silicon Valley races to adopt China's brutal 996 culture, DeepSeek's founder says his $60 billion AI company has no KPIs and no overtime.

Fortune · Aug 1

Moonshot AI closes $3.5 billion funding round to hit $35 billion valuation

The Beijing-based startup managed to secure far more than the $1 billion to $2 billion it initially targeted, people familiar with the matter said. The National Artificial Intelligence Industry Investment Fund — the state vehicle that’s also a backer of DeepSeek’s — was among the lead investors in the round,…

The Economic Times · Jul 29

China's Moonshot, Z.AI, and DeepSeek are challenging U.S. AI labs—and beating them on cost

“The AI ecosystem in China is probably much better than people thought."

Fortune · Jul 26

Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the US

Chinese AI models are gaining popularity in the U.S. for their affordability and efficiency

The Independent UK · Jul 26