Alibaba denies investment in DeepSeek

On February 7, Alibaba’s US stock suddenly rose before the market opened, up more than 6%. Market rumors said that Alibaba plans to invest $1 billion in DeepSeek.

Alibaba denied the rumors of investing in DeepSeek. Relevant people said that as a Chinese Hangzhou company, we applaud DeepSeek, but the information circulating in the outside world that Alibaba invested in DeepSeek is false news. DeepSeek has not responded yet.