It is reported that Alibaba invested $1 billion in DeepSeek
By: Cointime
On February 7th, it was reported that Alibaba plans to invest $1 billion at a valuation of $10 billion and purchase a 10% stake in DeepSeek. Currently, both teams are communicating the specific execution details. Alibaba Cloud will be the first choice for inference computing power. Two local Hangzhou companies have joined forces. Market information shows that Alibaba's US stocks rose more than 4% in pre-market trading.
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