DeepSeek

It is recruiting for a new team that helps build AI agents that take on services like Claude code

The firm might choose to resume the deal process at a later date

Liang Wenfeng’s Zhejiang High-Flyer Asset Management loses 15.7% in the week ended Jul 17

The AI startup has started early deliberations for a potential listing on Shanghai’s Star Market, sources say

The entrepreneur’s US$36 billion fortune makes him China’s eighth-richest person

The startup has increased hiring of chip-design engineers in recent months

Officials suggest leaks or thefts of AI could become punishable under national security law, source says

The announcement comes as the startup is in the final stages of raising about 50 billion yuan

Lack of additions to list seen likely placing more US goods and technology in adversaries’ hands