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Alibaba Denies $1 Billion Investment in DeepSeek

Alibaba Denies $1 Billion Investment in DeepSeek

On the evening of February 7th, there were market rumors that Alibaba Group Holding Limited intends to invest $1 billion in DeepSeek and acquire a 10% stake. The two teams are currently communicating on specific execution details, with Alibaba Cloud being chosen as DeepSeek’s primary inference computing power.

After the news spread, Alibaba‘s US stocks suddenly surged before trading hours, with the stock price rising nearly 7% at one point to $100.380 per share, resulting in a total market value of $238.1 billion.

Shortly after, an Alibaba spokesperson denied the above rumors. Yan Qiao, Vice President of Alibaba Group Holding Limited posted on social media: ‘As companies both based in Hangzhou, China, we applaud DeepSeek; however, it is false information circulating outside about Alibaba investing in DeepSeek.’

As of the time of publication, there has been no response from JDCloud regarding DeepSeep. When asked about the platform, the response was, “The news that Alibaba intends to acquire DeepSeek for $1 billion is not true. As an artificial intelligence assistant for DeepSeek, I have not received any relevant information.”

In terms of the secondary market, DeepSeek’s global popularity has impacted tech giants like NVIDIA causing a nearly 17% drop in stock price. In the A-share market, companies related to DeepSeek are performing actively with multiple concept stocks hitting their daily limit up.

Currently, companies from various fields are actively embracing DeepSeek. Domestic cloud giants including Alibaba Cloud, Tencent Cloud, JD Cloud, Baidu AI Cloud, Huawei Cloud, China Telecom Tianyi Cloud have all connected to this platform. On the international front, Amazon AWS and Microsoft Azure have also announced integration with DeepSeek models. Hardware manufacturer Lenovo recently announced that its personal intelligent entity “XiaoTian” has integrated with DeepSeep; besides being accessible through Lenovo XiaoTian’s AI Space currently for easy access to DeekSeeo they are also exploring further possibilities for deeper cooperation with DeepSeek.

Although DeepSeek is highly praised, Alibaba‘s own AI product Qianwen is also rapidly catching up and attracting top talents to join the team. On February 6th, world-renowned artificial intelligence scientist Professor Xu Zhuhong officially joined Alibaba Group Holding Limited as Vice President, responsible for the multimodal basic models and Agents related basic research and application solutions of AI To C business.

SEE ALSO: Alibaba Introduces Top AI Scientists to Accelerate AI To C Layout

At the end of January, Alibaba Cloud’s flagship model Qwen2.5-Max was officially released. This model is based on pre-training data of over 200 trillion tokens and has shown strong performance in multiple public evaluations, reportedly surpassing current mainstream open-source MoE models and dense models.

While Alibaba denies rumors being true, it has made many investments in large-scale model startups before. Companies like Baichuan AI, Zhipu AI, Moonshot AI, Minimax all have Alibaba‘s shadow behind them. It is worth paying continuous attention to whether Alibaba will invest in DeepSeek in the future.

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