On Feb. 7, reports circulated online that Alibaba was looking to invest $1 billion in DeepSeek to take a 10% stake, valuing the AI company at $10 billion

Alibaba (BABA) has denied reports that the company plans to invest in DeepSeek, a Chinese-built large-language open-source model that claims to

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this

An Alibaba executive has denied rumors that the company is planning to invest in DeepSeek. Yan Qiao, a vice president at Alibaba, clarified on her WeChat that the circulating news of Alibaba's $1 billion investment in DeepSeek is fake,

Japan’s SoftBank will invest $40 billion in OpenAI, according to press reports. The deal is the second between the partners in one week and is based on a $260 billion valuation of OpenAI. SoftBank has now displaced Microsoft as OpenAI’s biggest investor.

Softbank is close to finalizing a $40B primary invest in OpenAI at a $260B pre-money valuation, sources told CNBC’s David Faber.Maximize Your