Chinese AI startup DeepSeek founder Liang Wenfeng is reportedly set to meet with China’s top politicians, including Chinese leader Xi Jinping, during a summit that Alibaba founder Jack Ma is also expected to attend.
The summit, which could happen as soon as next week, may be intended as a signal by China’s Communist Party that it aims to adopt a more supportive stance toward domestic private-sector firms, according to Bloomberg. In 2020, Chinese authorities effectively prevented Alibaba from executing what would have been the biggest public offering in history.
Liang, who founded DeepSeek in 2023 as a subsidiary of his quantitative hedge fund, High-Flyer, rose to prominence last month after DeepSeek’s openly available AI models showed strong performance against leading models from OpenAI and other American AI companies. U.S. officials have raised concerns over the explosive popularity of DeepSeek’s models and services, which they perceive as a threat to the U.S.’ pole position in the AI race.
European tech industry coalition calls for ‘radical action’ on digital sovereignty — starting with buying local
A broad coalition drawn from across the ranks of Europe’s tech industry is calling for “radical action” from European Union...
Meta takes aim at ex-employee’s memoir ‘Careless People’
Meta won a legal victory this week against Sarah Wynn-Williams, a former employee who recently published a memoir of her...
Apple reportedly considered building the iPhone 17 Air without ports
After reporting in January that Apple is adding an “Air” option to its iPhone lineup, Bloomberg’s Mark Gurman is offering...
People are using Google’s new AI model to remove watermarks from images
Users on social media have discovered a controversial use case for Google’s new Gemini AI model: removing watermarks from images,...
