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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.
Buyers cleared all 66 units in Wangtianji’s first phase as soon as sales opened on July 16. Photo: Handout
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Tech-driven surge: new wealth fuels luxury housing boom in China’s AI stronghold

Landmark deals push Hangzhou’s luxury homes to fresh highs, powered by the country’s newly rich from start-ups and finance.

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This week: Chinese president urges open and secure AI, US leader accuses Beijing over 2020 election, GDP growth slows. Next week: US global tariff expiry, Apec ministers meet, Hong Kong lawmakers decamp to Beijing.

Chinese President Xi Jinping waves as he arrives at the opening ceremony of the World AI Conference in Shanghai. Photo: EPA//Pool
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Moonshot AI touts world’s largest open-source model as China closes gap with US

Kimi K3 is designed for long-horizon coding, knowledge work and reasoning tasks, according to a blog post by Moonshot AI.

Semiconductors

CXMT’s mega IPO draws frenzy from retail investors to DeepSeek founder’s fund

Investors are hoping for a relatively generous allotment rate and sharp gains when the memory-chip maker debuts on Shanghai’s Star Market.

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Semiconductors

China memory-chip maker CXMT set for mega IPO

Listing could be country’s second biggest at US$9.8 billion and comes as global demand for memory chips soars on the back of AI infrastructure build-out.

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Artificial intelligence

As US AI costs soar, global firms pivot to China’s cheap, open-weight models

A sharp narrowing of the performance gap is prompting some developers to shift from costly American giants to budget-friendly Chinese alternatives.

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US-China relations

US hardens AI stance on China as Anthropic calls for extending lead

AI company urges tighter export controls, saying Chinese rivals are rapidly closing the gap through unauthorised model distillation.

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China’s DeepSeek eyes US$70b valuation in new talks weeks after first round

Company’s fresh fundraising talks come straight off its landmark Series A, as investors scramble to back national AI champion.

DeepSeek has launched a new financing round shortly after closing a landmark deal. Photo: Getty Images
US-China relations

Boko Haram exploited US and Chinese AI chatbots for attacks: Cambridge study

Former fighters say AI helped with bomb-making, planning and propaganda, raising calls for US-China action on terrorist misuse of chatbots.

Former Boko Haram members said foreign operatives trained them to use AI chatbots with laptops equipped with VPN and encryption software. Photo: Shutterstock
US-China trade war

US says Nvidia’s H200 exports to China remain ‘trivial’ despite approvals

US commerce official Jeffrey Kessler says only a ‘very small quantity’ of AI chips have reached mainland China and Hong Kong so far.

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Technology

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At the heart of the battle for AI dominance is a deeper contest between two very different leadership styles.

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Using AI could reduce exam scores by a fifth, a study on Chinese students finds

Researchers in Sweden and Hong Kong say students may experience a deceptive sense of fluency – AI makes tasks feel effortless.

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By comparing AI users with non-users, researchers from Sweden and Hong Kong found a clear gap: AI boosted short-term efficiency but harmed long-term learning. Photo: Shutterstock
Artificial intelligence

Beyond Claude Code: the Chinese AI tools poised to benefit after back-door alert

As Beijing flags a security risk in Anthropic software, domestic tech firms are rapidly embracing local alternatives such as ByteDance’s Trae and Alibaba’s Qoder.

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Anthropic’s models – including Claude Code – have long been officially inaccessible in China, but they remain popular in the country due to their advanced capabilities, with domestic developers routinely finding workarounds to maintain access. Photo: Shutterstock
Semiconductors

Why Chinese AI labs like DeepSeek and Zhipu are looking beyond models to chips

Custom silicon allows for hardware optimisation tailored to specific architectures, such as the DeepSeek-R1 model.

US-China relations

Anthropic hits back after China warns of Claude Code ‘backdoor’ risks

AI firm says users in China were never authorised to use Claude Code after Beijing warned of security risks in older versions.

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China economy

Opinion | Are the US’ AI models better than China’s? That may be beside the point

Rather than fight US frontier AI control, China is thinning the margins of premium AI with cheap-enough, good-enough models for mass adoption.

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People try products at AI+ Power 2026, Hong Kong’s largest artificial intelligence expo and conference, at the Hong Kong Convention and Exhibition Centre in Wan Chai on June 4. Photo: Jonathan Wong
China’s private sector

China records most new unicorn start-ups in 5 years as AI and robotics boom

The pace is the fastest since 2021 though momentum for some start-ups remains uncertain, according to a new report.

US-China relations

US lawmakers push for fewer tax breaks to reduce reliance on China technology

Congressman Nathaniel Moran also warns US business leaders of corporate America’s growing ‘toxic relationship’ with ‘adversary’ Beijing.

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Artificial intelligence

Zhipu AI’s new tool turns GLM-5.2 into agent amid Anthropic rivalry

Firm also known as Z.ai rolls out promotions to lure developers as US rival Anthropic responds to claim it covertly tracked Chinese users.

The company is gearing up to go head-to-head with leading US labs following the release of the GLM-5.2 model last month. Photo: Shutterstock Image
Electric & new energy vehicles

EVs | China’s AI-defined vehicles make smart motoring human-centred

Artificial intelligence is transforming the in-car experience for drivers and passengers, with Chinese EV makers among the first to embrace a new era on the road.

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The AI industrial revolution: why US faces a historic tech reckoning from China

From EVs to robotics, China’s advancement in cutting-edge tech has seen it shake off the West’s long-standing belief in US exceptionalism.

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Mainland China

DeepSeek bucks China’s AI price war with peak-hour surcharges for API services

DeepSeek triggered a price war in May when it announced a permanent 75 per cent discount on V4 API access.

Artificial intelligence

Faster AI, lower costs: DSpark eases bottlenecks and chip strain, says DeepSeek

Start-up unveils speculative decoding framework that speeds up inference by up to 85 per cent amid China’s push to overcome US AI curbs.

DeepSeek says DSpark delivers faster results and lower costs, marking a breakthough in inference. Photo: Reuters
US-China relations

US officials fear ‘supervillain’ China pulling ahead in AI race even a little

US House Foreign Affairs Committee Chairman Brian Mast and Senator Jim Banks expressed concerns about China eroding America’s lead.

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US Senator Jim Banks, seen in 2023, has warned that America must fend off efforts by China to catch up with its AI lead. Photo: Gage Skidmore (CC BY-SA 2.0)
Artificial intelligence

DeepSeek on hiring spree – seeks newcomers, not just AI geniuses

The Chinese AI giant is looking to double in size as it seeks to become a ‘driving force’ in the creation of artificial general intelligence.

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