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Artificial intelligence industry

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DeepSeek $71bn valuation, IPO plans, founder's wealth

13 clusters · 78 sources · last updated

Latest: Liang Wengfeng propels rise of China's self-made young billionaires

Regulatory filings on 16 July 2026 and a follow‑up on 19 July 2026 confirmed DeepSeek’s valuation at roughly 350.9 billion yuan (about $52 billion) after a 2.9 billion‑yuan investment that bought an indirect 0.8265 % sta

[ACTIVE] [TECHNOLOGY] [HU] [NG] [US]

Elon Musk predicts AI‑driven post‑scarcity economy

4 clusters · 32 sources · last updated

Latest: AI Industry Moves to Cost‑Effective Models Amid Elon Musk’s Forecast of Money’s Decline

Elon Musk continues to outline a vision of an AI‑driven post‑scarcity economy. In late July 2026, speaking with The Economist editor‑in‑chief Zanny Minton Beddoes, he said advances in AI and robotics could generate so ma