Full-year revenue grew 27 per cent to US$8 billion but net profit plunged 45.4 per cent to US$493 million.
The start-up has emerged as the unlikely winner of a dizzying domestic competition. Can it reshape the global market as well?
25 Mar 2025 - 10:06AM videocam
In an interview with the Post, Lee discusses China’s ‘ChatGPT moment’ and 01.AI’s transition from a model developer to a solutions provider.
China is seeking the next ‘big items’ to encourage consumers to open their wallets. Technology looks to be a key.
Some elements of the concept to address ‘overvaluation’ of the US dollar echo Beijing’s strategic pursuits.
Will artificial general intelligence (AGI) arrive with a bang or quietly evolve? The answer may have implications in the US-China tech race.
4 Mar 2025 - 7:00AM videocam
ASMPT CEO Robin Ng said DeepSeek’s models are ‘good for the industry’ because cheaper AI means more applications and greater chip demand.
DeepSeek, Huawei and Unitree represent booming tech industries benefiting from China’s unique advantages in overcoming US sanctions.
25 Feb 2025 - 7:00AM videocam
Ren Zhengfei from Huawei, Lei Jun from Xiaomi and Wang Xingxing from Unitree all gave speeches at the high-profile meeting.
The technical study was published the day before DeepSeek founder Liang Wenfeng took part in a symposium hosted by President Xi Jinping.
The international roll-out reflects Huawei’s confidence in the Mate XT, which was released in China on the same date as the iPhone 16.
There has been a persistent narrative that China’s economic growth has peaked. The rapid adoption of DeepSeek’s AI models undermines that myth.
18 Feb 2025 - 7:00AM videocam
Baidu is in talks with the United Arab Emirates about bringing its Apollo Go service to the country, sources told the Post.
The US tech giant wants Alibaba’s Qwen AI model to make up for loss of Apple Intelligence on its iPhones in China.
12 Feb 2025 - 3:49PM videocam
Alibaba has been using the online flea market as a testing ground for its rapidly improving AI technologies.
DeepSeek has far-reaching implications for China’s tech ambitions beyond its immediate achievements.
11 Feb 2025 - 7:00AM videocam
A unique innovation around AI models from a start-up spun out of a hedge fund roiled Western markets and is changing how China sees its role in the industry.
14 Feb 2025 - 2:49PM videocam
From Moore Threads to Iluvatar Corex, China’s leading chip designers are rushing to adopt DeepSeek’s latest models.
Only three years ago, DeepSeek’s founder and its team of tech wizards were seemingly on the wrong side of the Chinese government.
Alibaba touts that its new Qwen 2.5-Max AI model had ‘comprehensively outperformed’ DeepSeek-V3 in certain benchmark tests.
30 Jan 2025 - 2:56PM videocam
Perceptions about Nvidia and how much its advanced chips are needed for cutting-edge AI are shifting with DeepSeek’s success, but is it warranted?
28 Jan 2025 - 9:03PM videocam
The Hangzhou office of China’s hottest start-up has recently seen several uninvited guests trying to see the team responsible for shaking up AI.
28 Jan 2025 - 7:14PM videocam
It could be true that DeepSeek is standing on the shoulders of others, but it has still shown an alternative to the lavish spending on AI.
Beijing could be more open to ByteDance selling some shares to American investors to improve US relations, sources and analysts say.
21 Jan 2025 - 9:50PM videocam
The central bank’s pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city’s financial hub status.
21 Jan 2025 - 7:00AM videocam
The Chinese investors’ darling of 2024 is one of the nation’s best hopes in developing home-grown advanced graphics processors.
The proliferation of e-commerce and other technologies has helped China maintain its resilience amid trade barriers.
The economic and political costs of a weakened yuan far outweigh the possible benefits China could gain from boosting exports.
China is expected to record 5 per cent economic growth this year, but that number has lost its relevance to many investors and consumers.
Its latest foreign-visitor policy shows that China is willing to be pragmatic, rather than adhering strictly to ideologies.