Search results for Tencent
AI & Enterprise
DeepSeek raises $15 billion, aims for Shanghai IPO in early 2027
Chinese AI startup DeepSeek raised $15 billion in its second private funding round, the Wall Street Journal reported on Oct. 22, citing sources. Investor demand nearly doubled the fundraising from the initial target, the report said. DeepSeek is also moving up its timetable and is aiming for a Shanghai stock market listing in early next year. If the plan proceeds, it could list before OpenAI and China’s Moonshot AI, the report said.
AI & Enterprise
China\'s three big tech firms order more than 3 million Nvidia chips as supply falls short of demand
China’s ByteDance, Alibaba and Tencent have reportedly ordered more than 3 million of Nvidia’s new RTX PRO 5500 workstation graphics cards, with the total exceeding $35 billion at list prices. Bloomberg reported the purchases reflect demand for export-compliant alternatives amid U.S. controls. Sources said Nvidia may not be able to fulfill orders because demand exceeds production plans, with partners potentially receiving only a small share of requested volumes.
AI & Enterprise
China\'s StepFun launches agent-based STEPX Neo smartphone, redesigns OS from scratch
China AI startup StepFun has launched the STEPX Neo smartphone built around AI agents rather than apps, a report said. The handset runs Step AOS 1.0 and includes a built-in AI agent called Amoo. The phone is priced at 3,999 yuan, or about $560, and comes with a 12-month AI plan allowing 100 billion tokens per month. StepFun did not disclose pricing after one year.
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AI & Enterprise
ByteDance in talks with MediaTek on custom AI chips as Nvidia access tightens
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Industry
China\'s CXMT advances next-generation DRAM design, sending global memory stocks lower
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AI & Enterprise
AI agent startup Manus raises $500 million in first funding round after split with Meta
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AI & Enterprise
DeepSeek weighs up to 100 billion yuan fundraising, double initial target
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Games & Commerce
Nexth to make OneStore wholly owned subsidiary, linking distribution, payments and on-chain
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AI & Enterprise
China shows signs of allowing purchases of Nvidia\'s new RTX Pro 5500 chip; can it skirt U.S. export curbs
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AI & Enterprise
Skepticism grows over frontier AI as China\'s low-cost models close in; OpenAI, Anthropic under scrutiny
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AI & Enterprise
Alibaba unveils its own Zhenyu V900 AI chip, plans to expand data centers to 20 GW by 2032
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AI & Enterprise
Big Tech, startups heat up early race for personal AI agents
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AI & Enterprise
Manus in talks to raise $500 million after Meta merger deal falls through
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AI & Enterprise
China AI startup Naive AI bets on mid and post-training to compete in LLMs
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AI & Enterprise
Morgan Stanley says China consumer AI use rate is 80 percent, surpassing U.S., driven by super apps
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AI & Enterprise
DeepSeek taps first CFO ahead of IPO to step up low-cost AI push
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Games & Commerce
Com2uS Platform holds Hive Tech Summit 2026, unveils Hive Axyl AI backend
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Industry
U.S. prosecutors call Huawei a \'criminal enterprise\' as trial focuses on trade secrets, Iran sanctions