Chinese AI firms fall on report of DeepSeek, moonshot probe
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7 Articles
Shares of several Chinese artificial intelligence companies have fallen sharply after it was reported that Chinese authorities have launched a data security investigation into AI startups DeepSeek and Moonshot, Bloomberg reported. We will also cover similar topics at our Portfolio Investment Day conference on October 21. One of the biggest investment events of the year is coming, where professional experts will tell you what to invest in now. Re…
Alibaba lost 4% in a session in which a Bloomberg report on a Beijing investigation of DeepSeek and Moonshot AI could weigh on the sector. The company was not pointed out in that investigation, although it faces separate accusations from US agencies about the extraction of AI models. Regulatory uncertainty contrasted with its chip ads and cloud expansion.
The investigation into DeepSeek and Moonshot led to a sell-off in shares of companies in the industry.
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DecryptChina Probes DeepSeek and Moonshot Over Alleged Data Leaks to Anthropic's Claude
China's internet regulator is investigating DeepSeek and Moonshot AI after Anthropic accused both of secretly routing millions of user exchanges through Claude to train their own models.
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