DeepSeek briefly crashed Nvidia’s stock because of speculation that its models require far fewer chips. Now, Chinese fintech giant Ant

Ant Group claims its AI models outperformed Meta’s in benchmarks and cut inference costs, signaling a potential leap forward in China’s AI development efforts.

Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20%, according to people familiar with the matter.

Alibaba Chairman Joe Tsai issued his caution about technology companies’ spending at the HSBC Global Investment Summit in Hong Kong on Tuesday

Joe Tsai took aim at the $500 billion attached to OpenAI's Stargate project—and the idea of investors building data centers "on spec."

Alibaba Chairman Joe Tsai cautioned that so-called hyperscalers — companies with big AI ambitions like Meta Platforms and Microsoft — are rushing to construct data centers that might not be justified by future demand.

The Chinese AI company said its latest model demonstrated “significant improvements” in benchmark performance.

Chinese artificial intelligence startup Manus on Thursday registered its China-facing AI assistant and was featured for the first time in a state media broadcast, highlighting Beijing's strategy of boosting domestic AI firms that have received overseas recognition.