With around six million dollars and a stockpile of chips acquired before Washington banned their export to China, startup DeepSeek has produced what Chinese tech titans couldn't—a world-class AI chatbot.

At least three other companies including those backed by Alibaba and Tencent released updates to their applications in recent weeks.

DeepSeek has delighted the Chinese internet ahead of Lunar New Year, the country's biggest holiday. It's good news for a beleaguered economy and a tech industry that is bracing for further tariffs and the possible sale of TikTok's US business.

Those who have had professional dealings with DeepSeek say he is obsessed with human-like artificial general intelligence ( AGI) and the impact it could have on the world. In his pursuit of it, DeepSeek’s founder is upending ideas about technological progress both in the West and China.

The Chinese company DeepSeek seemed to have come out of nowhere this week when it upturned markets. Here’s what to know about Liang Wenfeng, the engineer who started it.

This rapid advancement marks a turning point in the AI race between the U.S. and China. Until recently, many Western experts believed the U.S. maintained a multi-year lead over China in AI development.

BEIJING: Alibaba, a renowned Chinese tech company, on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the

The Chinese New Year is reportedly off to a strong start based on early rail traffic reports, air travel data, and lodging occupancy rates. The celebration to welcome the Year of the Snake will run through February 4.

According to a white paper released last year by the China Academy of Information and Communications Technology, the number of AI large language models worldwide has reached 1,328, with 36 per cent or

BEIJING: Chinese technology major Alibaba has unveiled an upgraded version of its AI model, Qwen 2.5, which it claims is more powerful than ..|News Track

As the high-tech stand-off between China and the US continues, start-ups in Shanghai, Hangzhou and the Pearl River Delta are once more coming into their own.

DeepSeek’s rapid rise to fame this month after the release of its new AI chatbot has supercharged debates about the efficacy of U.S. export controls and the race to AI-tech superiority. Many in China celebrated DeepSeek’s open-source AI model—ostensibly built with a fraction of the resources invested into the closed-source leading American counterparts,