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.

A senior staffer's short-lived promotion in the powerful House Foreign Affairs Committee caused a stir Wednesday over his past lobbying for sanctioned Chinese drone maker DJI. Newsweek reached out to Mark Aitken and the House Foreign Affairs Committee with written requests for comment.

China's Alibaba unveils new AI model Qwen 2.5 Max, claiming it outperforms ChatGPT, DeepSeek, and Llama in the AI race.

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.

Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3. The unusual timing of the Qwen 2.

The dividend yield on Chinese stocks has risen to around 3%, the highest since 2016, rewarding investors who have bravely stayed invested in a market that has been limp for years and faces more stress after Donald Trump's return as U.S. president.

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.

TOKYO (Reuters) - Japan's finance ministry plans to plug a loophole in reporting requirements for foreign investors under the Foreign Exchange and Foreign Trade Act, in an effort to prevent intelligence from leaking to foreign governments.

Seventh, but it might as well be first, is X (formerly Twitter), the most colourful. Since April 2022, it has been owned by South African-born American Elon Musk, the world’s richest — and easily its most controversial — man today.

Trump said the government should be a half owner of TikTok's U.S. business in return for keeping the app alive, and threatened China with tariffs if it failed to approve a deal.