Alibaba invests 1 billion dollars in DeepSeek
News on February 7th, it is rumored that Alibaba's investment plan values at $10 billion, investing $1 billion to subscribe for 10% of DeepSeek's equity. The teams from both sides are currently discussing the specific execution details.
Alibaba Cloud will be chosen as the first inference computing power option. Two local companies in Hangzhou have joined forces. Market information shows that Alibaba's US stocks rose before the market opened, now up more than 4%.
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