The implications for enterprise AI are significant. Until recently, most leading systems were only available through closed APIs or expensive licensing agreements. With its open-source approach, DeepSeek broadened access to cutting-edge AI capabilities while enabling organizations to better understand, audit and customize the systems they deploy.

Alibaba-backed startup Moonshot released on late Friday night its Kimi K2 model, touting performance that rivals many U.S. models.

Nvidia CEO Jensen Huang praised China's AI models a day after the U.S. chipmaker said it expected to resume sales of a key product to China. "More than 1.5 million developers in China build on Nvidia today to bring their innovations to life," he said.

Nvidia CEO Jensen Huang commended Chinese AI leaders Deepseek, Alibaba (NYSE:BABA), and Tencent as world class at the China International Supply Chain Expo in Beijing, emphasizing AIs transformative impact on

Why DeepSeek AI has the tech world on red alert as this Chinese chatbot overtakes ChatGPT and sparks security fears in the U.S. and Europe

Chinese AI app DeepSeek could be facing another ban, this time in Germany. Data protection official Meike Kamp has filed a formal request with both Apple and Google to remove DeepSeek from digital storefronts.

The Czech government has banned the country's public administration from using any of the services of Chinese AI startup DeepSeek due to data security concerns, Prime Minister Petr Fiala said on Wednesday.

Experts are raising concerns that Beijing could use the tech for strategic military advancements and the spread of disinformation.

IPOs were announced in the city in the first quarter of 2025, according to KPMG, 6 of which raised more than HK$1 billion – many of these were tech companies.