South Korean neocloud-service provider Elice’s shares rose for a second straight day, climbing above their IPO price and suggesting investors remain committed to the AI trade despite surging industry spending
MiniMax shares wiped out all of their gains since their January trading debut, as intense rivalry forces investors to reassess the Chinese AI model developer
The Chinese AI pioneer DeepSeek has raised about $15 billion in its latest fundraising round, one of the country’s largest ever and a sign of the startup’s ambitions to compete globally with the likes of Anthropic and OpenAI