Social media accounts run by Chinese state media, plus embassies highlighted DeepSeek's 'breakthrough' prior to the stock crash on Monday and push Beijing's narrative on surpassing the US in critical areas of competition, report says

"Qwen 2.5-Max outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit claimed on Wednesday

The investment will be made by the Singapore unit of TikTok's parent Bytedance and the data centre will support companies affiliated with the popular short-video site

PM says: “We will urgently look at whether we need to make more cooperative plans and future assistance programmes for the industrial sector."

Microsoft's security researchers observed that "individuals they believed to be connected to DeepSeek" were involved in an unauthorized data transfer several months ago

Meta has reportedly established four "war rooms" with engineers to assess the AI model developed by Chinese startup DeepSeek, insiders have alleged

Shares of Nvidia plunged by 17% on Monday, wiping nearly $600 billion from the chipmaker's market value, a record one-day loss for any company.

Little-known China startup allegedly spent $5.5 million, and used sub-optimal Nvidia chips, on an AI model that rates with the best created by US tech giants; this caused Nvidia and other tech shares to sink

Tech giant, which owns TikTok, but may soon be permitted its sell its US arm, will spend half of that amount abroad on AI-related infrastructure, such as data centres and networking equipment, sources say

Trump announced the deal with OpenAI's Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry Ellison, saying it is the "largest AI infrastructure project in history"

JPMorgan set up a “war room” to assess the impact of Trump’s policies on global trade, regulation and other matters, an executive told a panel at the World Economic Forum in Davos

The wide divergence of views of people in his inner circle is perhaps one reason why Trump held off imposing tariffs on China on day one of his presidency