Alibaba’s plan to go big on artificial intelligence comes as rivalry in the AI space heats up between U.S. and China. Chinese ...

The Hangzhou, China-based company said it had profit of $1.87 per share. Earnings, adjusted for stock option expense, were $2.07 per share. The internet technology company posted revenue of $3.66 ...

At the World Economic Forum in Davos last week, some mentioned Hangzhou-based DeepSeek and its recently released R1 model as a prime reason for countries such as the US to be doubling down on AI ...

The chatbot developed by DeepSeek, a startup based in the eastern Chinese city of Hangzhou, has apparently shown the ability to match the capacity of US AI pace-setters for a fraction of the ...

The Nasdaq Composite Index fell 3.1%, and the S&P 500 dropped 1.5%. Hangzhou-based DeepSeek has been developing AI models since 2023, but the company first came onto the radar of many Western ...

DeepSeek, having bases in the eastern Chinese city of Hangzhou, can do almost everything that its competitors can, and the best part is that its development took a lot less money to see the light of ...

The Hangzhou-based firm achieved its breakthrough using Nvidia’s low-capability H800 chips, spending less than US$6 million on development. Despite the enthusiasm surrounding the startup, Brian ...

Late last month, Hangzhou-based startup DeepSeek added the latest technological surprise by claiming to have trained a large language model on a par with the offerings of OpenAI and Meta Platforms ...