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The Latest Breaking News from DeepSeek

Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory

“K3 stands as Moonshot AI's most powerful open-source coding model to date,” Moonshot AI wrote in a press release.

Fortune

Chinese filing implies DeepSeek valuation of around $52 billion

The stock-exchange filing offers rare public evidence about the pricing and investor lineup of DeepSeek's maiden external fundraising, which the company has never announced. As a private company, DeepSeek ‌has no routine ⁠disclosure ⁠obligations.

The Economic Times

Business Brief (July 16): DeepSeek Said to Prepare for IPO

Tencent integrates its AI assistant with JD.com, tech and EV sectors drive a surge in China’s power consumption

Caixin Global

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read the most diverse news in one place.

Anthropic Claude Traffic Skyrockets 500% to Outpace Smaller AI Rivals

For all the attention on OpenAI‘s ChatGPT and Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Gemini, one of the fastest-moving stories in generative AI may belong to a much smaller player.

Benzinga

China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO

The plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $7.4 billion in June a post-money valuation of about 450 billion yuan, the ‌people said.

The Economic Times

Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario Amodei

DeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creator of artificial intelligence models. This surge in valuation makes him a prominent figure in China's tech landscape. His company's success is attributed to early investments in computing power. Liang's…

The Economic Times

DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founder

Liang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well above Anthropic PBC co-founder Dario Amodei and OpenAI’s Greg Brockman.

The Economic Times

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DeepSeek AI review

DeepSeek delivers frontier-class AI performance at a fraction of competitor prices, but serious privacy concerns make it a complicated choice for businesses.

TechRadar

DeepSeek Just Dealt Nvidia Stock a Potentially Major Blow

DeepSeek’s custom AI chip ambitions could reshape the competitive landscape. What does that mean for Nvidia over the long term?

Barchart

China plans to let top AI firms buy limited Nvidia H200 chips: Report

China plans to permit its leading artificial intelligence companies to acquire Nvidia's H200 chips. Officials have informed Alibaba, ByteDance, and DeepSeek about potential upcoming permissions. Nvidia has already secured licenses from the United States government for these sales. The chip giant's shares saw a slight increase following this news report.…

The Economic Times

China's MiniMax plans to launch giant 2.7 trillion parameter model

Chinese AI firm MiniMax is developing a 2.7 trillion-parameter model. This new model could become the world's largest open-weight AI system. Cheaper Chinese AI models are gaining traction as alternatives to US systems. MiniMax will also launch a multimodal video generation model soon. The company is planning a second listing…

The Economic Times

Stock Index Futures Tumble as Oil Jumps After Trump Says U.S.-Iran Ceasefire Is Over, FOMC Minutes on Tap

September S&P 500 E-Mini futures (ESU26) are down -0.96%, and September Nasdaq 100 E-Mini futures (NQU26) are down -1.34% this morning as sentiment took a hit after U.S. President Donald Trump declared an end to the ceasefire with Iran, sending oil prices and bond yields soaring.

Barchart

China’s DeepSeek is building its own AI chip to end US reliance

ChatGPT rival is seen as the standard-bearer of China's AI ambitions after releasing an AI model that went viral worldwide last year

The Independent UK

Global AI industry falls short on safety, think tank warns

US artificial intelligence lab Anthropic scored the highest in a semiannual safety ranking, but globally the industry fails to combat "existential" threats, according to a report released on Tuesday. All nine companies are failing when it comes to combating "existential" threats such as pursuing models that reach human-level intelligence, known…

The Economic Times

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TechRadar

DeepSeek accidentally built a working ransomware strain, experts note, 'What we are witnessing is a fundamental shift in how novel cyber attacks are born'

DeepSeek accidentally created a working browser ransomware technique targeting Android photos, Check Point Research found, without human guidance involved.

TechRadar

Chinese DoorDash rival smashes open source record with 1.6-trillion-parameter LLM with a 1-million-context-token model crafted without Nvidia hardware

Meituan released LongCat-2.0, a 1.6-trillion-parameter model trained entirely on domestic chips, avoiding Nvidia hardware entirely.

International Business Times

Chinese AI Models Are Winning Customers On Price. Now OpenAI And Anthropic Face A New Cost War.

DeepSeek, Z.ai and Alibaba's Qwen are gaining traction among U.S. companies as enterprises prioritize lower operating costs without giving up competitive AI performance.

The Economic Times

Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AI

Global semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earnings. Investors are reassessing valuations after a strong AI-led rally, while concerns over custom chip development and future demand are making markets more selective towards AI-linked semiconductor companies.

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news in one place.

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The Economic Times

China's DeepSeek developing its own AI chip

The chip is designed for inference - the stage of AI computing in which a trained model generates responses for users - rather than for training new models, sources said.

International Business Times UK

Is This The New ChatGPT Killer? Cheap Chinese AI Model Stuns Silicon Valley

The Chinese AI model GLM-5.2 is gaining attention for its cost-effective performance, challenging perceptions of Chinese AI capabilities and sparking debate on its potential to rival Western models.

The Economic Times

A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turf

Western startups are increasingly turning their attention to affordable and powerful AI models from China, particularly Z. ai's GLM-5.2, which competes with leading US technologies at significantly lower prices. This trend, referred to as a 'mini DeepSeek moment,' is generating buzz in Silicon Valley due to its coding capabilities. However,…

TechRadar

Easemate.ai review

Easemate.ai bundles AI chat, image generation, and video tools into one platform with a free tier and affordable paid plans from $8.90/month.

Caixin Global

Business Brief (June 30): China Pushes for Faster AI Breakthroughs

Global chipmakers reportedly plan July price hikes amid AI boom, while DeepSeek readies its new model rollout

The Independent UK

Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the lead

In the race between the U.S. and China to develop artificial intelligence, the battle over hardware and computing power is heating up as Chinese companies like Huawei overtake global industry leaders like Nvidia in their home market

TechRadar

'Humanity now stands on the eve of AGI': DeepSeek wants to "at least double the size of every department" as company pursues hiring spree in pursuit of AGI

DeepSeek is hiring engineers, product managers and more as it targets the next era of AI – artificial general intelligence.

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