The Chinese AI pioneer DeepSeek has raised about 100 billion yuan ($15 billion) in its latest fundraising round, one of the country’s largest ever and a sign of the startup’s ambitions to compete globally with the likes of Anthropic PBC and OpenAI.

ByteDance Ltd. is close to an agreement to buy MediaTek Inc. data center semiconductors, a deal that would secure vital components for TikTok’s owner while helping the Taiwanese chipmaker compete with Qualcomm Inc.

ByteDance Ltd. is readying an AI model geared for real-time spatial video generation, taking on Meta Platforms Inc. and Alphabet Inc. in an arena with applications in robotics and autonomous systems.

DeepSeek plans to deploy at least 160,000 of Huawei Technologies Co.’s top accelerators at a massive data center it’s building in Inner Mongolia, which could create one of the largest known clusters of Huawei AI chips and advance China’s efforts to replace Nvidia Corp.

DeepSeek has set up an official social media account and posted job listings for a new team focused on helping develop artificial intelligence agents that can take on services like Anthropic PBC’s popular Claude Code.

DeepSeek has resumed its second funding round, seeking close to $8 billion, with Monolith Management in talks to contribute, according to people familiar with the matter.

Chinese AI champion Moonshot has a computing power agreement with Alibaba Group Holding Ltd. for the use of around 20,000 Nvidia Corp. chips, underscoring China’s continued reliance on Western semiconductors to fuel its AI development, according to people with knowledge of the companies’ operations.

China’s DeepSeek is planning a massive artificial-intelligence data center in Inner Mongolia, according to people familiar with the matter, an ambitious move in computing infrastructure from the startup that’s shown it can compete with the leading AI models of Silicon Valley.

DeepSeek has told prospective investors in its second fundraising round that it’s suspending the deal for now, people familiar with the matter said, days after comments widely attributed to founder Liang Wenfeng about US-Chinese AI competition went viral.

Moonshot AI is preparing to begin discussions in August on a final round of fundraising before listing in Hong Kong, capitalizing on the excitement around its latest model to raise capital at a valuation of as much as $50 billion.

Best known for telecoms infrastructure, the Chinese powerhouse has quietly become part of the backbone of the global energy transition.

Best known for telecoms infrastructure, the Chinese powerhouse has quietly become part of the backbone of the global energy transition.

The founder of Chinese AI lab Zhipu argued that frontier artificial intelligence should remain broadly accessible rather than controlled by select individuals, weighing in on a growing debate about the risks posed by ever more powerful models.

Autonomous-driving firm Momenta Global Ltd. started taking investor orders for its Hong Kong initial public offering to raise HK$5.9 billion ($752 million), pouncing on a multiyear high for share sales in the city.

Autonomous-driving firm Momenta Global Ltd. started taking investor orders for its Hong Kong initial public offering to raise HK$5.9 billion ($752 million), pouncing on a multiyear high for share sales in the city.

Momenta Global Ltd., the Chinese autonomous driving startup, has roped in carmaker Mercedes-Benz AG and Singapore wealth fund GIC Pte as cornerstone investors for its Hong Kong IPO, people with knowledge of the matter said.

China is choking shipments of some critical minerals to Japan, a slowdown that’s hurting companies and prompting calls for Prime Minister Sanae Takaichi to find a diplomatic off-ramp with Beijing.

China is choking shipments of some critical minerals to Japan, a slowdown that’s hurting companies and prompting calls for Prime Minister Sanae Takaichi to find a diplomatic off-ramp with Beijing.

China is choking shipments of some critical minerals to Japan, a slowdown that’s hurting companies and prompting calls for Prime Minister Sanae Takaichi to find a diplomatic off-ramp with Beijing.

Xiaohongshu Technology Co., the Chinese creator of social platform RedNote, is preparing to confidentially file for an initial public offering in Hong Kong by the end of this month, according to people familiar with the matter.