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The Latest Breaking News from DeepSeek

Anthropic says Alibaba illicitly extracted Claude AI model capabilities

US AI firm Anthropic has accused Chinese tech giant Alibaba of orchestrating the largest known attempt to steal its artificial intelligence capabilities. The company alleges Alibaba used nearly 25,000 fraudulent accounts to extract data from its Claude chatbot between April and June 2026, aiming to replicate its advanced AI model.

The Economic Times

CEO of Chinese Anthropic rival tells Elon Musk that China will have a Fable 5-class AI model before next year — it ‘won’t take that long’ says Jie Tang in response to Musk's prediction of a Q1 target

Elon Musk estimated that Chinese AI firms would have an LLM with Mythos level capability by the first quarter of 2027. However, the CEO of Beijing-based Z.ai responded to the comment, saying that their company will achieve this soon, but did not give a concrete timeline.

Tom’s Hardware

The US almost blacklisted DeepSeek for contributing to China’s military and intelligence — but the White House held back to avoid escalating tensions

Chinese firms were not added to the Entity List ahead of Trump's meeting with Chinese premier Xi Jinping.

TechRadar

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DeepSeek was set to be added to US Entity List for supporting China’s military and intelligence operations, report claims — White House holds off to avoid escalating tensions with China

DeepSeek and CXMT, which have both been tagged as supporting Chinese military and intelligence operations, are set to be added to the U.S.'s Entity List. However, the White House hasn't included them yet in order to avoid escalating trade tensions with Beijing.

Tom’s Hardware

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say

DeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity List, which is being reported for the first time. Reuters is also exclusively reporting the large number of companies awaiting publication on the list.

The Economic Times

U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources say

America has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies were flagged for national security risks. The US aims to prevent further escalation of tensions with Beijing.

The Economic Times

Anthropic’s Fable fiasco leaves the door open for open-source AI, particularly cheaper models from China

“Frontier intelligence should not … be subject to withdrawal by a handful of rules at any moment,” Z.ai, a Chinese AI developer, wrote on social media.

Fortune

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Hari Menon exits BigBasket; Sarvam cofounder on fresh funding

BigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.

The Economic Times

The great AI Irony: China cracks down on Western models while US companies flock to DeepSeek

China is taking a hard-hitting approach to foreign AI and chipmakers, even as Western nations continue to embrace DeepSeek as a cheaper alternative

TechRadar

After spat with Chinese gov't, Meta cuts AI Manus off from its internal systems and is 'sunsetting' platform, report claims — Beijing-ordered breakup of $2 billion AI deal begins

Meta has finished separating its operations from Manus, the Chinese-founded agentic AI startup it acquired for roughly $2 billion in December.

Tom’s Hardware

DeepSeek close to sealing $7 billion funding in historic AI deal

Chinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. DeepSeek’s fundraising would mark a new level of ambition from China’s AI leaders as they seek to compete with their American counterparts in the field.

The Economic Times

Huawei-led team claims it post-trained DeepSeek's 1.6-trillion-parameter model — 1,000 Ascend 910C chips used in training

A research group that includes Huawei Technologies says it completed full-parameter post-training of DeepSeek's V4-Pro, a 1.6-trillion-parameter model.

Tom’s Hardware

Anthropic Is Too Expensive, Microsoft's AI Chief Warns — US Firms Turn to China's DeepSeek

US companies are exploring cost-effective AI alternatives, including Chinese models like DeepSeek, as costs of popular AI tools rise. Flexibility and pricing are key factors driving this shift.

International Business Times UK

Many US tech firms are turning to China's DeepSeek as the bill for homegrown AI bites – American AI companies could learn a thing or two

American models are simply too expensive – US firms are now turning to DeepSeek for cheaper costs and portability.

TechRadar

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The Economic Times

DeepSeek slated to draw $7 billion in maiden fundraising, sources say

The fundraising could value the company after the investment at between 350 billion yuan and 400 ‌billion yuan, ⁠or between $52 billion ⁠and $59 billion.

The Economic Times

Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance?

Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan data showed Chinese AI token consumption surging sharply between February and May 2026, signaling explosive AI adoption across enterprise software, mobile ecosystems, e-commerce platforms, and productivity tools. Lower-cost open-source AI…

The Economic Times

China expands travel curbs to top AI talent at private firms

China is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology and boost its standing against the United States. Individuals deemed strategically important need government approval for overseas trips. This policy targets talent in the AI sector, including startup founders…

Caixin Global

Tech Brief (May 26): Huawei Targets 1.4-Nanometer Chip Performance by 2031 With New Design Architecture

Unitree fast-tracks Shanghai IPO with target valuation of $6.2 billion, DeepSeek cuts flagship AI model prices by 75% as funding round looms

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Euronews

'We have no time to waste': Germany launches €125M push to build Europe’s frontier AI

Euronews Next spoke with SPRIND’s Jano Costard to hear whether Europe can still catch up in the AI race and what Europe can still do differently.

Fortune

DeepSeek and China’s AI boom are increasingly powered by state money

Government-linked investors in China went from backing fewer than 10 AI deals annually before 2018 to more than 140 in 2025, reshaping who controls the future of AI.

Euronews

These are tech titans in Beijing with Trump and what they want from China

A handful of US tech titans are joining President Donald Trump in Beijing for the summit with Xi Jinping. Here’s a look at the ties that each tech company has in China.

The Economic Times

China tech giant Tencent sees Q1 profit jump after AI bets

Tencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artificial intelligence sector. The tech giant is actively competing in AI, unveiling model upgrades and reportedly considering investments in startups, despite rising AI costs impacting margins.

Reason

Does Xi Need Trump?

Plus: California gas prices, monkey thieves, and more...

Caixin Global

Business Brief (May 11): Chinese and U.S. Officials to Hold Trade Talks in South Korea

DeepSeek reportedly plans to raise up to 50 billion yuan, Beijing advances 6G plans

The Independent UK

The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globally

More than a year after the Chinese AI chatbot DeepSeek, a main rival to OpenAI’s ChatGPT, stunned the world with its own advanced AI model, China has become a testing ground for mass use of AI tools

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