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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.
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
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.

Alibaba

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

Artificial intelligence

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

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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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Critics argue that AI-driven strategies exacerbate volatility in a market still dominated by more than 250 million retail investors. Photo: Getty Images
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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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.

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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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Huawei Technologies’ Compute Architecture for Neural Networks requires developers to rewrite and optimise large amounts of code. Photo: Shutterstock
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.

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.

Boko Haram has been found to use both Chinese and American AIs in their terrroism plots – possibly with advice from Islamic State. Photo: Shutterstock
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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A smartphone screen displays the logo for Chinese AI company DeepSeek. Illustration: Getty Images
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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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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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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OpenAI CEO Sam Altman arrives for a meeting at the White House in Washington on July 30. Photo: Reuters
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.

ByteDance said its moves aim to build stronger AI product competitiveness and customer service capabilities. Photo: Shutterstock Images
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.

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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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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Goldman Sachs Asia analyst Ronald Keung on July 22. Photo: Jonathan Wong
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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Artificial intelligence

DeepSeek founder Liang Wenfeng’s surprising philosophy revealed in leak

Tech founders are not known for ‘restraint’. But a transcript shows Liang Wenfeng is chasing an ultimate goal in AI, not short-term gains.

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Technology

Opinion | The West is debating AI’s future with half the world absent

Any meaningful debate must include China, where the AI experiment is also running, at greater speed and scale and with different results.

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A woman poses next to humanoid robots by Spirit AI at the World Artificial Intelligence Conference in Shanghai on July 18. Photo: AFP
China’s private sector

How Beijing became China’s biggest tech venture capitalist, from AI to chips

China’s tech sector thrives on state-backed investment, reshaping funding dynamics and sparking a debate about balancing risk and innovation.

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Illustration: Davies Christian
US-China trade war

Nvidia, Palantir, Meta warn about ‘premature restrictions’ of open-weight models

Top US tech companies urge policymakers in open letter not to undermine competition and drive more users to Chinese AI systems.

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US-China trade war

More Americans think China is world leader in AI, new survey reveals

Findings come as AI race between Washington and Beijing ramps up and with technology high on agenda at planned Trump-Xi summit in September.

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US-China trade war

Trump tech official accuses China’s Moonshot AI of stealing from Anthropic

Michael Kratsios alleges Beijing-based company targeted Anthropic’s most powerful model, Claude Fable 5, through large-scale ‘distillation’.

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The Trump administration claims that outputs from Anthropic’s most powerful model, Claude Fable 5, have been incorporated into Moonshot AI's new Kimi K3 model. Photo: Shutterstock
Artificial intelligence

China’s Moonshot AI accelerates fundraising push ahead of planned IPO: source

Per a source, the company closes fundraising round at US$30 billion valuation, as it signals it may go public in next six months.

A general view of Hong Kong Exchanges and Clearing on July 21. Photo: Jelly Tse
US-China trade war

As US-Chinese AI model gap narrows, what next for Washington?

China’s major advances in artificial intelligence have intensified pressure on US rivals, leaving American AI policy at a crucial crossroads.

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China property

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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