Tag: DeepSeek
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Deepseek raises $15 billion in challenge to leading US labs, Bloomberg News reports
Oct 22 : Chinese AI startup DeepSeek has raised about 100 billion yuan ($14.98 billion) in its latest fundraising round, Bloomberg News reported on Thursday citing people familiar with the matter. Battery pioneer Contemporary Amperex Technology and WeChat-operator Tencent Holdings were among the biggest inve
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China defends DeepSeek after US ban of its AI from government systems
Federal civilian agencies should remove DeepSeek products as well as third-party products and services developed using DeepSeek from their IT systems, the US Department of Homeland Security said.
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US banning Chinese AI DeepSeek from government agency IT systems
WASHINGTON, Oct 19 : The U.S. Homeland Security Department is ordering the removal of DeepSeek products and third-party services using the Chinese AI model from U.S. civilian agency IT systems, according to a notice published Monday.The department is also banning acquisition of DeepSeek products and third-par
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DeepSeek to raise at least $12 billion in Tencent-backed funding, Bloomberg News reports
Oct 6 : DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.Battery pioneer Contemporary Amperex Technology and Tencent Holdings have committed among the largest amounts in the curre
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DeepSeek partners with Huawei to develop chip programming tools, reducing reliance on Nvidia
HONG KONG, Sept 30 : Chinese AI firm DeepSeek said on Wednesday it has partnered with Huawei Technologies to develop programming tools for Huawei’s Ascend chips, the latest sign of Chinese tech firms deepening ties as they seek alternatives to the Nvidia ecosystem. In a post on its official WeChat account, D
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DeepSeek raises API pricing for its V4 models
BEIJING, Aug 13 : Chinese artificial intelligence startup DeepSeek will raise API prices for its V4-Pro and V4-Flash models and introduce peak and off-peak pricing, a company statement on Thursday showed.The new rates – ranging from 50 per cent to 1,100 per cent above current prices, depending on the model
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DeepSeek resumes funding round seeking nearly $8 billion, Bloomberg News reports
Aug 6 : Chinese AI startup DeepSeek has resumed its second funding round, seeking close to $8 billion, with Monolith Management in talks to participate, Bloomberg News reported on Thursday, citing people familiar with the matter.DeepSeek is seeking a valuation close to 500 billion yuan ($74.09 billion), the r
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Alibaba unveils its largest AI model yet, DeepSeek’s latest model is ultra-low cost
The developments highlight the rapid advancement of artificial intelligence by Chinese tech firms as Alibaba and DeepSeek aim to gain traction among global developers.
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DeepSeek’s new AI model is by far the cheapest of well-known models to run, research firm says
BEIJING, Aug 3 : A version of Chinese startup DeepSeek’s flagship AI model is by far the least expensive to run on benchmark tests among well-known models globally and more than 100 times cheaper to run than Anthropic’s Claude Fable 5, according to a research firm.DeepSeek, which sources have said is preparin
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DeepSeek tells prospective investors of funding pause, Bloomberg News reports
July 25 : Chinese AI startup DeepSeek has told prospective investors in its second fundraising round that it is suspending the deal for now, Bloomberg News reported on Saturday, citing people familiar with the matter.Here are some details: • DeepSeek verbally informed some of its potential backers th
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