In September, Akeso, a little-known Chinese biotech company founded nearly a decade ago shook up the biotech sector with its new lung cancer drug. Ivonescimab, the new drug, ...

Did AI just have a "Sputnik moment"? That's what some investors, after the little-known Chinese startup DeepSeek released a chatbot that experts say holds its own against industry leaders, like ...

In a widely reported 2023 interview, DeepSeek founder Liang Wenfeng said the company had stockpiled some 10,000 Nvidia A100 GPUs – a variety that was put on the U.S. export control list.

The company says it used a little more than 2,000 Nvidia H800 GPUs to train the bot, and it did so in a matter of weeks for $5.6 million. Others have reportedly deployed 10,000 or more GPUs, and ...