FILE PHOTO: The DeepSeek app is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
SHANGHAI (Reuters) - An Alibaba executive has denied reports that the Chinese e-commerce giant intends to invest in DeepSeek, Chinese news outlet The Paper reported on Friday.
The Paper cited a post that Yan Qiao, a vice president at Alibaba, made on her personal WeChat moments feed where she said "as a fellow Chinese and Hangzhou company, we applaud DeepSeek, but news circulating that Alibaba will invest in DeepSeek is fake news."
