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Caixin Global
Caixin Global
Business

Tech Brief (April 23): Horizon Robotics Unveils 5-Nanometer Auto Chip

Horizon Robotics DJI Apple DeepSeek Drone

Tencent and Alibaba in talks to invest in DeepSeek

Tencent Holdings Ltd. and Alibaba Group Holding Ltd. are in talks to invest in Chinese artificial intelligence startup DeepSeek at a valuation of more than $20 billion, according to an April 22 report from The Information. DeepSeek has yet to generate significant revenue, and founder Liang Wenfeng has historically avoided external funding. Market observers suggest the pivot toward fundraising may be linked to delays in launching its next-generation V4 flagship model and the departure of several core research personnel.

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