China Stocks Close Higher Amid DeepSeek AI and Alibaba Hope
Chinese shares closed higher amid positive sentiment over tech stocks and Chinese AI firm DeepSeek. Alibaba's latest earnings are buoying the upbeat mood toward Chinese tech stocks and foreign investors' interest in Chinese equities after DeepSeek's tech breakthrough.
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Chinese AI startup DeepSeek is considering outside funding for the first time and has drawn interest from Alibaba and state ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to ...
Apple has picked Alibaba over DeepSeek to roll out its AI-powered suite of services for the iPhone in China — a move designed ...
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
Universities across China have launched artificial intelligence (AI) courses this month based on Chinese AI startup DeepSeek, ...
According to a report published Tuesday by The Information, Apple is partnering with Alibaba to bring its Apple Intelligence ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder ...
Chinese stocks, led by a tech rally, have been on a tear since the release of DeepSeek's R1 model that challenged the ...
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