DeepSeek's chip plans boosted investor sentiment, while Nomura recognized Alibaba's AI cloud potential, coinciding with Baidu's stock rise.

The entities involved

• DeepSeek →

  Chinese artificial intelligence company

  • Trump's administration imposed export restrictions on China while Chinese AI firms like Alibaba and DeepSeek continue to develop competing models.Sun 10:58
  • DeepSeek and Google are competing in the AI race, which is framed by US-China tech rivalry and high-level political figures.Sun 10:44
• Alibaba Group →

  Chinese multinational technology company

  • Chinese companies, including Alibaba, are ordering AI chips from competitors amid global competition and policy shifts.Mon 12:46
  • Alibaba, Morgan Stanley, and SoftBank are involved in major corporate actions regarding GoTo, an Indonesian tech company.Mon 09:18
• Nomura →

  corporation in Japan

  • Nomura advises on potential shifts in Reserve Bank of India policy amid changes in the global economic outlook.Mon 13:10
  • Nomura notes high accuracy of Fed's market moves as Warsh presides over his first meeting, with Fed statements echoing Greenspan's style.Mon 10:26

Related events

• China has restricted purchases of Nvidia chips, leading to investor fears about AI companies. An MIT report informed these concerns, coinciding with DeepSeek's model launch.Jun 7
• DeepSeek announced a strategic move to reduce its reliance on third-party hardware providers.Jul 7
• DeepSeek's model efficiency, whose weights are available under an MIT license, is creating new pressures on the memory market, affecting chip makers like Micron and Samsung.Sep 11
• DeepSeek faces regulatory probes and accusations from Anthropic regarding data security and data routing.Sep 23
• High-Flyer provided early funding and computing power to DeepSeek and secured allocations in Unitree's IPO, amid a push for domestic tech listings.Aug 28