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It is reported that Alibaba invested $1 billion in DeepSeek

It is reported that Alibaba invested $1 billion in DeepSeek

CointimeCointime2025/02/07 10:44
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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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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