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Caixin Global
Caixin Global

Business Brief (April 23): Tencent, Alibaba Reportedly in Talks to Invest in DeepSeek

Tencent and Alibaba eye DeepSeek investment

Tencent and Alibaba are reportedly in discussions to invest in DeepSeek at a valuation of more than $20 billion, marking the artificial intelligence (AI) startup’s first external funding round since its inception.

Tesla to integrate Doubao AI model

Tesla will integrate the Doubao large language model into its in-car voice services in China.

China issues birth-support guidelines

Fifteen government departments jointly issued guidelines to deepen the rollout of childcare subsidies and explore birth-support policies linked to housing, transportation and consumption. The measures also call for strengthening guidance on young people’s attitudes toward marriage and for attracting young talent to maintain a balanced youth share in cities.

Contact editor Lin Jinbing (jinbinglin@caixin.com)

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