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.
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
Apple has picked Alibaba over DeepSeek to roll out its AI-powered suite of services for the iPhone in China — a move designed ...
Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Universities across China have launched artificial intelligence (AI) courses this month based on Chinese AI startup DeepSeek, ...
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...
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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