Hangzhou emerges as new tech hub with ‘Little Dragons’ like DeepSeek, Unitree

Hangzhou emerges as new tech hub with ‘Little Dragons’ like DeepSeek, Unitree

Hangzhou, the capital of China’s southeastern Zhejiang province, is rapidly gaining recognition as a leading technology hub in the country with the rise of local start-ups known as the “Six Little Dragons”. Among the hottest of the start-ups right now is DeepSeek, which captured global attention this year for its cost-efficient artificial intelligence (AI) models….

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Shares of Chinese Companies Linked to DeepSeek Surged After Holiday

Shares of Chinese Companies Linked to DeepSeek Surged After Holiday

China’s AI tech stocks surged after the Chinese New Year public holidays. DeepSeek’s rise challenges Western AI dominance and boosts Chinese tech sector confidence. However, broader Chinese markets fell amid US-China trade war jitters. DeepSeek-related Chinese tech stocks surged on Wednesday, despite trade war jitters that hit the broader market. Last week, affordable Chinese AI…

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My Take | The paradox that is free and open technology from ‘autocratic’ China

My Take | The paradox that is free and open technology from ‘autocratic’ China

Predictably, the backlash against China’s DeepSeek has begun in America. But the most outlandish criticism must be the one trying to distinguish “authoritarian AI” from “democratic AI”. Dario Amodei, CEO of Anthropic, the main rival of OpenAI, wrote on his personal website: “[China is] an authoritarian government that has committed human rights violations, has behaved…

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Larry Ellison, Oracle Co-Founder And One Of Richest Men In The World, Saw His Net Worth Dip $22.6 Billion In One Day Due To DeepSeek Selloff

Larry Ellison, Oracle Co-Founder And One Of Richest Men In The World, Saw His Net Worth Dip $22.6 Billion In One Day Due To DeepSeek Selloff

Larry Ellison, Oracle Co-Founder And One Of Richest Men In The World, Saw His Net Worth Dip $22.6 Billion In One Day Due To DeepSeek Selloff Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear in a single day on January 27—and he didn’t even…

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With China’s DeepSeek, US tech fears red threat

The emergence of the DeepSeek chatbot has sent Silicon Valley into a frenzy, with calls to go faster on advancing artificial intelligence and beat communist-led China before it is too late. California tech investors have usually kept their involvement in politics low key, generally supporting centrist politicians who don’t get in the way of their…

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Explainer | How tech start-up DeepSeek emerged as the unlikely game changer in US-China AI war

Explainer | How tech start-up DeepSeek emerged as the unlikely game changer in US-China AI war

The Hangzhou-based firm over the past several weeks released two powerful new AI models, DeepSeek-V3 and DeepSeek-R1, that were built at a fraction of the cost and computing power that major tech companies muster to build large language models (LLMs) – the technology underpinning generative AI services like ChatGPT. On social media, the AI community…

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