DeepSeek to Double Workforce With $7.35B Funding Round
DeepSeek is close to raising 50 billion yuan, which converts to roughly US$7.35 billion, in a new funding round. This is a huge amount of money and shows that investors believe the company has a strong future in artificial intelligence (AI). The new funding will help DeepSeek buy powerful computers,
Alibaba’s AI Model Outperforms DeepSeek R1 AI Model
Asian countries like China are making huge waves in AI amidst the ongoing technological revolution. Recently, DeepSeek, a Chinese company, released its AI model that surpassed ChatGPT’s performance. Now, the e-commerce giant Alibaba has released its own AI model, Qwen 2.5-Max, which the company claims will beat the performance of
