DeepSeek weighs RMB50B round that could close by late August
China's DeepSeek has reopened talks on a roughly RMB50 billion second funding…
Alibaba pushes open-source frontier with 2.4T-parameter Qwen3.8-Max
Alibaba launches Qwen3.8-Max with 2.4 trillion parameters and says the open weights…
Shein offers $1.1B investor payouts ahead of Hong Kong listing
Shein is offering $1.1B in cash payouts to late investors before its…
DeepSeek begins in-house AI chip development to cut reliance on Nvidia
Chinese AI lab DeepSeek has begun developing custom AI chips in-house to…
