Deepseek and Alibaba financing negotiation breakdown update: Alibaba did not engage in negotiations
2026-05-09 09:29
Odaily reported on April that DeepSeek (深度求索) rarely launched a massive fundraising plan, attracting both Tencent and Alibaba. Previously, media reports claimed that Alibaba and DeepSeek had broken off talks. In response, market insiders exclusively revealed to reporters on May 9 that Alibaba likely did not conduct any negotiations. (National Business Daily)
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