DeepSeek AI cranks open the spigots on Chinese venture capital

• China’s Geely sells Saxo Bank stake to Swiss private bank

  Eight-year joint venture was a bet on Chinese capital markets opening up to the west
  
  Financial Times - 1d
• 

  AI frenzy leads US venture capital to biggest splurge in three years

  Investor excitement over fast-developing technology has seen a flurry of massive funding rounds this year
  
  Financial Times - 2d

• French industrial giant Schneider Electric hails the significance of China’s ‘DeepSeek moment'

  China's "DeepSeek moment" is likely to be good news in the global race to develop AI models, according to French power-equipment maker Schneider Electric.
  
  CNBC - 1h
• 

  Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements

  While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.
  
  VentureBeat - 6d
• 

  What you need to know about Manus, the new AI agentic system from China hailed as a second ‘DeepSeek moment’

  Manus AI is designed as a multi-agent system, meaning it combines several AI models to handle tasks independently.
  
  VentureBeat - 1d
• 

  SimilarWeb data: This obscure AI startup grew 8,658% while OpenAI crawled at 9%

  SimilarWeb data reveals dramatic AI market upheaval with Deepseek (8,658% growth) and Lovable (928% growth) dominating.
  
  VentureBeat - 6d
• 

  Major AI market share shift revealed: DALL-E plummets 80% as Black Forest Labs dominates 2025 data

  New data reveals dramatic AI market share shifts in 2025 as Black Forest Labs and DeepSeek challenge OpenAI and Google's dominance.
  
  VentureBeat - 1d
• 

  Chinese investors privately take stakes in Musk’s companies

  Asset managers have been promoting tech mogul’s ties to Donald Trump to lure capital to xAI, Neuralink and SpaceX
  
  Financial Times - 3d

• Mainland Chinese investors snap up a record amount of Hong Kong stocks to play AI

  Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs.
  
  CNBC - 1d

More from CNBC

• We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports

  The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.
  
  CNBC - 2h

• Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'

  Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.
  
  CNBC - 4h

• A big inflation report is on the way Wednesday. Here's what to expect

  The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.
  
  CNBC - 13h

• China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says

  Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.
  
  CNBC - 3h

• Rheinmetall sales surge 36% in 2024, as company forecasts 'major' military order boom

  Last year's sales boom helped push Rheinmetall's operating profit to a record high.
  
  CNBC - 1h

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