Alibaba's pre-market stock price rose over 6%, with market rumors suggesting that Alibaba plans to invest $1 billion in DeepSeek.

Odaily Planet Daily News Alibaba's U.S. stock pre-market surged over 6%. Market rumors suggest that Alibaba plans to invest $1 billion to acquire a 10% stake in the artificial intelligence company DeepSeek, at a valuation of $10 billion. Neither Alibaba nor DeepSeek has responded yet.