DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable …
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Qiming Venture Partners’ Portfolio Company HyperStrong Successfully Listed on STAR Market
Beijing Time, Qiming Venture Partners’ portfolio company HyperStrong, a leading provider of battery energy storage systems (BESS) in China, successfully debuted on the Shanghai Stock Exchange’s …
XRP, Bitcoin Are Falling. It Isn’t Just China’s AI Threat That Is Hurting Crypto.
DeepSeek has produced an open-source AI model that could rival ChatGPT while being significantly cheaper to produce.
Silicon Valley Is Raving About a Made-in-China AI Model
SINGAPORE—A Chinese artificial-intelligence company has Silicon Valley marveling at how its programmers nearly matched American rivals despite using inferior chips. AI models from DeepSeek, the …
Nasdaq futures tumble as China’s AI push rattles Big Tech
Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap …
Global Tech Stocks Plunge as China’s DeepSeek Undercuts Rivals
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …
AI crypto market cap slips under $40B as China’s DeepSeek rattles investors
AI cryptocurrencies endured a bloodbath on Monday, plunging by double-digits on their daily charts as Bitcoin dropped below $100,000. The market capitalization of all AI tokens crashed by 13.7% in the …
China’s Economy Stumbles in Sign Rebound Hinges on More Stimulus
China’s economic activity unexpectedly faltered to start the year, breaking the momentum of a recovery sparked by stimulus measures and underlining the need for Beijing to do more to prevent another …
China’s economy loses momentum ahead of new year holiday
The official manufacturing purchasing managers’ index fell to 49.1, the lowest since August, missing economists’ forecast for a modest expansion.
China PMI surprises as factory activity contracts in January; December industrial profits jump
The official purchasing managers’ index for January came in at 49.1, data released by the National Bureau of Statistics on Monday showed.
China urges state-backed funds to buy more stocks amid market slump, falling bond yields
China’s financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds and insurers to purchase more A-shares.
Altcoins to buy: 4 crypto to buy ahead of Chinese New Year
China will start its New Year celebrations this week. The transition to the new year may be a good period for many Chinese to start buying and selling digital coins. China has already banned …
China bans livestock product imports from numerous countries on disease worries
China has prohibited imports of sheep, goat, poultry and even-toed ungulates from African, Asian and European countries due to outbreaks of livestock diseases such as sheep pox, goat pox and …
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