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DeepSeek AI cranks open the spigots on Chinese venture capital

DeepSeek's AI development is changing China's venture capital landscape after three years of decline, with investment in China-based companies dropping to $48.86 billion in 2024, according to Pitchbook data.
Insilico Medicine secured $110 million in series E investments, as stated by CEO Alex Zhavoronkov, who noted growing international interest in Chinese AI companies.
Beijing is showing support for the tech sector, with Zheng Shanjie announcing a new fund to mobilize 1 trillion yuan for tech investments.
Investors should recognize the risks in China, as highlighted by Xuhui Shao, who mentioned potential hurdles like capital flow restrictions.

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Nikkei

DeepSeek effect fuels rise of China's answer to 'Magnificent Seven'

BEIJING -- Top Chinese technology stocks have raced ahead in the wake of DeepSeek's claim to have slashed the cost of artificial intelligence, leaving

18 hours ago·Japan

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China Daily

SAIC VW launches SUV with Baidu, DeepSeek tech

SAIC Volkswagen has launched the Teramont Pro SUV, featuring the Sino-German joint venture’s latest gasoline powertrain and intelligent cockpit technology.

2 days ago·China

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Asia Times

Four Chinese firms look to shake up tech world in DeepSeek's wake

The success of the Chinese AI firm DeepSeek shocked financial markets and major US tech firms in January 2025. But it shouldn’t have come as such a surprise. For decades now, plenty of companies in China have been developing competitive advantages that enable them to make remarkable progress. This involves a strategy different from that […] The post Four Chinese firms look to shake up tech world in DeepSeek’s wake appeared first on Asia Times.

Four Chinese firms looking to shake up the tech world in the wake of DeepSeek

The success of the Chinese AI firm DeepSeek shocked financial markets and major US tech firms in January 2025. But it shouldn’t have come as such a surprise. Because, for decades now, plenty of companies in China have been developing competitive advantages that enable them to make remarkable progress. This involves a different strategy to that of many big western firms that rely on things like branding – like Apple – and exclusive technology – l…

2 days ago

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Bloomberg

DeepSeek Takes Over Hong Kong in ChatGPT’s Absence

Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Newley Purnell reports from Hong Kong on DeepSeek’s quick ascension in one of the world’s most important financial centers.

2 days ago·United States

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overpassesforamerica.com

Chinese Companies Rush to Put DeepSeek in Everything - Overpasses For America

A mobile shooting game developed by Tencent is using DeepSeek to power an in-game assistant that can, among other things, give players fortune-telling readers about whether they are going to have a great gaming session that day or not. CGN Power, a state-owned nuclear power company, vaguely stated that it has incorporated DeepSeek into its AI system for employees “to understand complex questions and to deal with them efficiently.” Local governme…

2 days ago

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