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DeepSeek selects four underwriters, including Citic Securities, for planned 2025 Shanghai listing
The Hangzhou AI company aims to list on the Shanghai Stock Exchange this year after appointing underwriters. Pre-IPO financing could value the firm at approximately US$74 billion.
Egypt plans to build a $1 billion AI data centre using Nvidia technology
Egypt aims to construct its first major artificial intelligence data centre with an initial phase valued at $200 million, driven by partnerships involving Nvidia and Vodafone Business amid competition from US and Chinese firms.
Alibaba Launches AI Digital Workers on Competitor Platforms Feishu and WeCom
Alibaba's new QoderWake tool created 100,000 digital employees that can work autonomously on ByteDance's Feishu and Tencent's WeCom without additional training.
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Barclays raises S&P 500 year-end target to 7,950
Pentagon official says allies lack resources to match US AI speed and scale
US tech giants issue record €27 billion in European bonds on single day