TechFlow news, on February 7, according to the First Financial Daily, Alibaba denied rumors of investing in DeepSeek. A relevant person stated, "As fellow companies based in Hangzhou, China, we applaud DeepSeek, but the information circulating about Alibaba's investment in DeepSeek is false." Alibaba's (BABA.N) pre-market gains narrowed to 3.4%.
Earlier report: Alibaba's U.S.-listed shares rose over 6% in pre-market trading amid market rumors suggesting Alibaba plans to invest $1 billion in DeepSeek.




