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DeepSeek funding commitments reportedly top 80 billion yuan

DP News TeamOct 9, 2026

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Alibaba unveils Zhenwu V900, sets 20 GW-plus cloud capacity target

Sep 22, 2026

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DeepSeek updates its V4 Pro API model and warns of a coming price increase

Aug 12, 2026

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ByteDance is reportedly training a 10-trillion-parameter AI model
ByteDance is reportedly pre-training an AI model with as many as 10 trillion parameters, approaching the scale of Anthropic's Mythos systems.
DP News Team · Aug 7
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Tencent takes its open-weight Hy3 model global across three platforms
Tencent made its open-weight Hy3 model available worldwide through WorkBuddy, Miora and TokenHub, citing a 68x jump in API call volume.
DP News Team · Aug 7
News
DeepSeek resumes funding round, reportedly seeking $8 billion at a $74 billion valuation
DeepSeek has resumed its paused second funding round, reportedly seeking close to $8 billion at a pre-money valuation near $74 billion.
DP News Team · Aug 6
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Alibaba launches 2.4-trillion-parameter Qwen3.8-Max with a 1-million-token context window
Alibaba's Qwen team launched Qwen3.8-Max, a 2.4-trillion-parameter model with a 1-million-token context window, available now via Alibaba Cloud.
DP News Team · Aug 3
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Moonshot's Kimi models reportedly run on 20,000 Nvidia chips tied to Alibaba deal
Moonshot's Kimi models reportedly run on a roughly 20,000-chip Nvidia cluster sourced through a deal involving Alibaba Cloud, a claim Alibaba…
DP News Team · Jul 31
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DeepSeek is reportedly building a gigawatt-scale AI data center in Inner Mongolia
DeepSeek is reportedly developing a roughly one-gigawatt AI data center in Ulanqab, Inner Mongolia, as it prepares for a possible IPO.
DP News Team · Jul 30
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DeepSeek pauses second funding round after founder's viral remarks on the US-China compute gap
DeepSeek has reportedly paused a funding round targeting at least $1.4 billion, days after viral remarks attributed to founder Liang Wenfeng.
DP News Team · Jul 25
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Alibaba launches Qwen3.8, a 2.4-trillion-parameter model it ranks second to Fable 5
Alibaba's Qwen team unveiled Qwen3.8, a 2.4-trillion-parameter multimodal model, on July 19 with a Max-Preview version live the same day on Alibaba…
DP News Team · Jul 19
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DeepSeek reportedly in early talks for a new round at a $71 billion valuation
DeepSeek is reportedly in preliminary talks for a new funding round valuing it at about $71 billion, weeks after a $7 billion round at roughly $50…
DP News Team · Jul 14
News
MiniMax raises about $2 billion as CEO forgoes salary until AGI
Hong Kong-listed MiniMax raised roughly $2 billion via a share placement and convertible bonds, as CEO Yan Junjie vowed to forgo pay until AGI.
Dmytro Spodarets · Jul 10
News
Qihoo 360 unveils AI bug-hunting tools and claims parity with Anthropic's restricted Mythos model
Chinese cybersecurity firm Qihoo 360 unveiled AI vulnerability-hunting tools Tulongfeng and Yitianzhen at ISC.AI 2026, with CEO Zhou Hongyi claiming…
Dmytro Spodarets · Jun 27

Featured

DeepSeek funding commitments reportedly top 80 billion yuan

Alibaba unveils Zhenwu V900, sets 20 GW-plus cloud capacity target

DeepSeek updates its V4 Pro API model and warns of a coming price increase

Latest

ByteDance is reportedly training a 10-trillion-parameter AI model

Tencent takes its open-weight Hy3 model global across three platforms

DeepSeek resumes funding round, reportedly seeking $8 billion at a $74 billion valuation

Alibaba launches 2.4-trillion-parameter Qwen3.8-Max with a 1-million-token context window

Moonshot's Kimi models reportedly run on 20,000 Nvidia chips tied to Alibaba deal

DeepSeek is reportedly building a gigawatt-scale AI data center in Inner Mongolia

DeepSeek pauses second funding round after founder's viral remarks on the US-China compute gap

Alibaba launches Qwen3.8, a 2.4-trillion-parameter model it ranks second to Fable 5

DeepSeek reportedly in early talks for a new round at a $71 billion valuation

MiniMax raises about $2 billion as CEO forgoes salary until AGI

Qihoo 360 unveils AI bug-hunting tools and claims parity with Anthropic's restricted Mythos model