Tencent, Alibaba in talks to invest in DeepSeek

Chinese technology leaders Tencent Holdings and Alibaba Group are reportedly in discussions regarding a potential investment in artificial intelligence startup DeepSeek. The AI company is seeking substantial funding, aiming for a valuation surpassing $20 billion. This move underscores the intense competition among major tech firms to secure stakes in promising AI ventures. Such investments are crucial for driving innovation and expanding market share in the rapidly evolving field of artificial intelligence.