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Chinese EV Battery Giant CATL Plans to Invest in DeepSeek

By Juro Osawa and Qianer Liu · May 22, 2026 4:56am PDT
Chinese battery giant Contemporary Amperex Technology, better known as CATL, is planning to invest in Chinese AI developer DeepSeek’s fundraising, according to two people with direct knowledge of the matter. CATL’s planned investment comes as it is aggressively stepping up its efforts to sell power equipment to AI data centers. DeepSeek’s... Chinese battery giant Contemporary Amperex Technology, better known as CATL, is planning to...
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AI Agenda

Edge Inference Chip Startup SiMa.ai Raising at $1.4 Billion Valuation

By Stephanie Palazzolo and Anissa Gardizy · May 18, 2026 7:00am PDT
Nvidia might be on a tear, but some investors are still convinced that there’s demand for another kind of specialized chips. And they’re putting their money where their mouth is. For example: San Jose, Calif.-based SiMa.ai, which develops chips that work on devices such as drones or cameras, is in talks with investors to raise more than... Nvidia might be on a tear, but some investors are still convinced that there’s demand for another...
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The Briefing

Cerebras IPO Stock Pop; Apple-OpenAI Drama

By Martin Peers · May 14, 2026 5:00pm PDT
This was quite the day. OpenAI is jumping up and down about its unhappiness with Apple (it’s doubtful Tim Cook is shaking in his boots). Big telecom threw down the gauntlet to Elon Musk and Amazon (not that they should worry). We get to both news items lower down. But first…the AI trade on Wall Street is booming, as demonstrated by today's... This was quite the day. OpenAI is jumping up and down about its unhappiness with Apple (it’s...
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Exclusive

Tencent’s New Model Shows Improvement, Partly Thanks to Anthropic

By Juro Osawa · Apr 28, 2026 6:00am PDT
Chinese tech giant Tencent’s latest AI model has generated positive reviews from developers. But the company probably owes some of that success to Anthropic. Tencent employees used Anthropic’s Claude to assist them with evaluating and fine-tuning the model, known as Hy3, to improve its performance, according to two people with direct knowledge... Chinese tech giant Tencent’s latest AI model has generated positive reviews from developers. But...