Traded Value$Alibaba(BABA.US) and $TENCENT(00700.HK) are in advanced discussions to back Chinese AI company DeepSeek in its first external funding round, at a valuation above $20 billion.
This underscores Alibaba’s aggressive AI expansion strategy, adding to momentum from recent product launches and positioning the company deeper in generative AI, cloud, and related hardware/robotics ambitions.
@Bridge Buzz SG
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