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AI & Enterprise

U.S., China accelerate AI investment race as U.S. relies on Big Tech, China on state funds

Rising funding for the U.S. and Chinese artificial intelligence industries is intensifying investment competition between the two countries. Global AI startup investment reached $255.5 billion in the first quarter of 2026, while Chinese AI ventures separately raised more than 110 billion yuan. China is accelerating state-led funding for AI, semiconductors and advanced manufacturing, and has launched a 1 trillion yuan national guidance fund. Both countries have also tightened measures to protect domestic industries.

AI & Enterprise

DeepSeek to form Code Harness development team, challenging Claude Code and Codex

Chinese AI model developer DeepSeek is forming a team to develop an agent coding tool called Code Harness that would compete directly with Anthropic\'s Claude Code and OpenAI\'s Codex. Decrypt reported that DeepSeek engineer Deli Chen posted two job openings on social media platform X for a product manager and an R&D engineer, based in Beijing. The launch schedule has not been disclosed. DeepSeek highlights pricing competitiveness for its latest model, DeepSeek V4.

AI & Enterprise

Meta developing \'Hatch\' personal AI agent, also targeting shopping agent

Meta is developing an AI agent dubbed \"Hatch\" for individual users and an Instagram-linked shopping agent, The Information reported. People familiar with the matter said Hatch is inspired by the open-source AI agent tool OpenClaw. Meta is aiming for internal tests by late June and is testing the agent in simulated versions of real websites. The shopping agent is targeted for Instagram integration before the fourth quarter.