DeepSeek’s Hometown Emerges as Center of China’s AI Universe

The emergence of China’s DeepSeek artificial intelligence chatbot has turned the spotlight on its hometown, Hangzhou. Bloomberg Television producer Lauren Faith Lau explains why some are saying the city is on track to be the mainland’s next tech hot spot. Plus:7-Eleven thrives in Japan but struggles in the US, and Joshua Green writes about how Big Tech conquered Washington. If this email was forwarded to you, click here to sign up .

For decades, the coveted title of “China’s Silicon Valley” has fallen to a small handful of megacities. There’s Shenzhen, whose designation as a special economic zone helped transform the former fishing village north of Hong Kong into a metropolis of 17 million and a hub for foreign capital and know-how. There’s Shanghai, with its thriving semiconductor industry and access to international money. And of course there’s Beijing, where proximity to political power has helped foster piles of internet and mobile startups.