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Tencent and Alibaba are in talks to invest in DeepSeek at a valuation exceeding $20 billion.
The hedge fund behind DeepSeek delivered over 50% returns last year, boosting capital reserves for one of the world’s fastest-rising AI developers.
Experimental Grok 4.20 was the only AI model to earn a profit in a trading tournament, gaining 12.11% as rivals posted heavy losses.