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DeepSeek

(深度求索)

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DeepSeek
深度求索
DeepSeek is a Chinese artificial intelligence company founded by Liang Wenfeng. Its low-cost AI model was developed with significantly fewer computing resources than those of bigger US tech firms like OpenAI and Meta.
Customers work at AGI Bar, an AI-themed bar in Beijing, on August 9, 2026. Photo: AFP
Artificial intelligence

Machines now use AI more than humans, boosting cheap Chinese models

Agentic AIs now use five times as many tokens as humans, giving lower-priced models from Chinese firms a competitive edge, analysts say.

2026 Xi-Trump summits

Trump can’t wait for Xi’s Washington visit, but claims US leads China in AI race

57
US-China trade war

Congress advances new bill to give US edge in open-source AI race with China

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IPO

DeepSeek targets 2027 listing as pre-IPO funding nears close: sources

Landmark round to lift Chinese start-up’s valuation to US$74 billion and set the stage for a Shanghai Star Market listing, sources say.

The DeepSeek logo on a wall in Hangzhou, eastern China's Zhejiang province. Photo: Getty Images
Artificial intelligence

DeepSeek leads surge in low-cost Chinese open-weight models on US platform

Open models reached a record share of 62 per cent on a US web development platform on Saturday, a reversal of figures in June.

China-Africa relations

African businesses keep options open as Chinese AI gains ground

Lower costs, downloadable models and greater language flexibility are helping Chinese AI models gain ground across the continent.

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China technology

Opinion | Asia is reaching for the open road that Chinese AI offers

Countries seeking sovereign AI want to control their own AI capabilities rather than rent them from a foreign platform.

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A robot made by Chinese company AgiBot dances at the AI for Good Global Summit in Geneva, Switzerland, on July 7. Photo: Xinhua
Artificial intelligence

Chinese AI firms forced to optimise software as local chips trail Nvidia’s

Surging token usage as artificial intelligence moves into large-scale deployment spurs search for new approaches.

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Artificial intelligence

Alibaba’s lightweight Qwen takes on OpenAI, DeepSeek, Zhipu’s larger AI systems

Chinese tech giant’s latest offering performed on par with OpenAI’s GPT-5.6 Luna and nearly matched DeepSeek, Zhipu’s open-weight models.

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Artificial intelligence

Back in the Harness: DeepSeek continues its pivot towards agentic AI

With the launch of Harness, China’s DeepSeek continues to build the foundational digital scaffolding for autonomous AI agents.

A customer uses his phone in front of a board with the menu at AGI Bar in Beijing. Drinkers at the AI-themed bar in the city's tech district can even plug in to DeepSeek for free. Photo: AFP
Alibaba

China’s richest province taps Alibaba to power its AI and chip push

Guangdong province deepens ties with China tech giant to boost digital innovation by focusing on AI, semiconductors and smart services.

Guangdong party secretary Huang Kunming (right), welcomed Alibaba CEO Eddie Wu Yongming to Guangzhou on Thursday to sign a strategic cooperation framework agreement. Photo: itouchtv.cn
Artificial intelligence

DeepSeek’s flagship AI model update underwhelms – except in cybersecurity

Chinese AI start-up’s model impresses in niche areas like cybersecurity but leaves some developers disappointed in its overall capabilities.

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China stock market

What are China’s quantitative trading funds, and why are they so controversial?

China’s quant funds face scrutiny from retail traders and regulators, driven by their large returns and use of AI.

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Artificial intelligence

Alibaba tests paid AI appetite with US$30 annual assistant subscription

The e-commerce giant launches paid tiers for its office assistant in the Qwen app as costs for artificial intelligence mount.

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The e-commerce giant’s Qwen app now offers three membership tiers for the office assistant. Photo: Shutterstock
Artificial intelligence

Enterprise AI costs hit yearly low driven by price wars, open-source models

Average inference prices ranged between US$1.16 and US$1.18 from August 6 to 8, according to Silicon Data’s index.

DeepSeek’s new V4-Flash-0731 model costs US$0.03 per task. Photo: Shutterstock Images
Semiconductors

What is delaying Chinese AI giants switching from Nvidia to local chips?

High transition costs are keeping AI developers in China reliant on Nvidia chips, industry sources say.

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Artificial intelligence

DeepSeek signals ‘significant’ price hike, testing its low-cost edge

Plans for a major price hike underscore the challenges the company faces to maintain aggressively low prices amid fierce competition.

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Artificial intelligence

Tencent ramps up overseas AI push with wider roll-out of flagship Hy3 model

Hy3’s release is the first major update in Tencent’s AI strategy since former OpenAI researcher Yao Shunyu joined the Chinese tech giant.

The Tencent logo. Photo: Reuters
Israel

US-Saudi nuclear doubt, Boko Haram’s AI terrorism: 7 global relations reads

From US arms promises to EU sanctions and USMCA troubles, here are highlights from the SCMP’s overseas correspondents in July 2026.

Artificial intelligence

China’s DeepSeek tests AI ‘harness’ as cheap V4 model jolts Silicon Valley

Hangzhou-based firm is recruiting developers to test software that turns language models into autonomous agents, escalating price war with US rivals.

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Alibaba

Alibaba’s AI model Qwen3.8-Max widely accessible ahead of open-weights release

Flagship 2.4 trillion parameter model highlights native multimodal capabilities and the ability to carry out long-horizon agentic tasks.

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The logo of Qwen is seen during the World Artificial Intelligence Conference in Shanghai on July 17. Photo: AFP
US-China trade war

US lawmakers investigate DoorDash’s use of Moonshot AI’s Kimi K2.6 model

Food delivery giant latest targeted as rising adoption of China-built AI models pushes Washington to find strategies to combat trend.

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US President Donald Trump receives a McDonald’s delivery via DoorDash outside the White House in Washington on April 13. Photo: Reuters
Artificial intelligence

OpenAI blinks in face-off with Chinese rivals, making big price cuts

Dramatic move makes GPT-5.6 Luna the ‘most attractive’ in intelligence-per-dollar rankings, above Zhipu AI’s GLM-5.2 and MiniMax’s M3.

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Artificial intelligence

ByteDance sharpens AI focus as annualised revenue reaches US$4b

Company’s projected annual AI revenue is the largest known to the public among Chinese rivals, but still far behind US AI firms.

Alibaba

From CXMT to Zhipu AI, Alibaba’s strategic investments are paying off

The company’s strategic shift to AI and chip investments is not only yielding significant returns, but also boosting its tech portfolio.

Alibaba's logo at the World Artificial Intelligence Conference in Shanghai on July 6, 2023. The company's strategic shift to AI and chip investments is yielding significant returns and also boosting its tech portfolio. Photo: Getty Images
Artificial intelligence

Can Anthropic CEO’s chip ban proposal curb China’s AI advancements?

Dario Amodei wants the US to retain its AI advantage over China, highlighting distillation risks and advocating mandatory model safety tests.

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Anthropic co-founder and CEO Dario Amodei speaks at an AI conference in San Francisco last year. Amodei is urging Washington to tighten chip export bans and clamp down on Chinese "distillation". Photo: Getty Images
Artificial intelligence

Exclusive | Chinese AI developers may shift to ‘paid weights’: Goldman Sachs

As use of Chinese artificial intelligence soars, companies will look to boost revenue capture, says bank’s head of Asia internet research.

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Tencent

Moonshot, DeepSeek and chips: a guide to Tencent’s growing AI empire

A look at some of the key companies in Tencent’s growing AI portfolio, from model makers to chip designers.

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