A 34-year-old Chinese entrepreneur has become the talk of the global AI industry, taking both Wall Street and Silicon Valley ...

DeepSeek, a three-year-old Chinese startup developing low-cost open-source artificial intelligence models, has raised $7.4 billion in the largest private AI financing in Chinese history, valuing the ...

Liang Wenfeng’s Zhejiang High-Flyer Asset Management loses 15.7% in the week ended Jul 17 Read more at The Business Times.

China's quant hedge funds suffered steep losses after a global chip selloff. High-Flyer's fund dropped 15.7% in a single week ...

There were at least 29 self-made billionaires aged 40 or under in the Asian country this year, nine more than last year, and ...

Chinese artificial intelligence startup DeepSeek is preparing a new fundraising round that could value the company at ...

A Chinese luggage maker’s filing implies DeepSeek is worth around $52bn, an inferred figure sitting between its $45bn talk and $74bn IPO ambitions.

On a video conference call from Hangzhou earlier this year, one of China’s hottest startups held a four-hour pitch meeting ...

A filing by Chinese luggage maker Anhui Korun implies DeepSeek is worth about $51.82 billion. Tencent and CATL are reportedly funding DeepSeek’s first outside round. The figure lands at the low end of ...

Chinese luggage maker Anhui Korrun said ⁠on ⁠Thursday a fund it had invested ⁠in deployed 2.9 billion yuan for an indirect ...

The $74 bln ‌startup is prepping a listing despite founder Liang Wenfeng's focus on advancing AI frontiers over ​monetisation ...

China has given the green light for Apple's AI service to be used on iPhones, removing the final major obstacle that had prevented the company from ...