Alibaba shares fall 4% as Beijing probes DeepSeek and Moonshot AI

  • Alibaba shares fell 4% after reports of a Beijing regulatory investigation.
  • DeepSeek and Moonshot AI are being investigated over data-security issues.
  • Alibaba was not named, but the probe raised investor concerns about regulation.

Alibaba shares fell 4% after reports that Beijing regulators are investigating AI startups DeepSeek and Moonshot AI over data-security issues. Alibaba was not named in the reported probe, but the investigation has raised investor concerns about potential regulatory spillovers.

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