DeepSeek effect fuels rise of China's answer to 'Magnificent Seven'

Newly christened 'Seven Titans' have sped ahead of U.S. tech giants

20250313N DeepSeek Alibaba

DeepSeek has triggered a reassessment of Chinese stocks, UBS says. © Reuters

NORIYUKI DOI

BEIJING -- Top Chinese technology stocks have raced ahead in the wake of DeepSeek's claim to have slashed the cost of artificial intelligence, leaving American tech giants in the dust.

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