Daily Tech: China Stocks Rally, Baidu’s AI Plans, and Major Investments in Crypto & Health Tech

FutureGate | February 13 2025

China Tech Stocks Enter Bull Market

China’s technology sector is witnessing a major bull run, fueled by the recent breakthrough from DeepSeek, an emerging AI company. The surge reflects growing investor confidence in China’s AI and tech capabilities, positioning the country as a strong competitor in the global artificial intelligence race. Market analysts point to DeepSeek’s advancements in large language models (LLMs) as a key driver, as they challenge the dominance of Western AI firms like OpenAI and Google DeepMind. The broader rally suggests renewed optimism in China’s innovation landscape, despite ongoing regulatory and economic challenges.

Baidu’s Next-Gen AI Model Set for H2 2025 Release

Chinese tech giant Baidu (BIDU) has confirmed plans to launch its next-generation AI model in the second half of 2025. The company continues to expand its footprint in artificial intelligence, cloud computing, and autonomous driving, aiming to compete with global leaders in the AI space. Baidu’s Ernie AI models have already made significant progress, with the next iteration expected to deliver enhanced reasoning, multimodal capabilities, and real-world application integration. The move aligns with China’s broader push to lead in AI-driven industries, with substantial investments in semiconductors, supercomputing, and machine learning.

Australia’s Harrison.ai Secures $112M Series C for Health Tech Expansion

Australian health tech startup Harrison.ai has successfully raised $112 million in a Series C funding round, reinforcing its position as a leader in AI-powered medical diagnostics. The funding will support the company’s expansion into new markets and healthcare applications, with a focus on radiology, pathology, and clinical decision support. Harrison.ai has already made strides in AI-assisted medical imaging, working with global healthcare providers to enhance early disease detection and treatment outcomes. The latest funding round signals growing investor confidence in AI-driven healthcare solutions, particularly as demand for automation and precision medicine increases worldwide.

Goldman Sachs Increases Bitcoin & Ethereum ETF Holdings

Wall Street giant Goldman Sachs has significantly boosted its holdings in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), reflecting institutional confidence in cryptocurrency as a long-term asset class. The move follows growing adoption of crypto ETFs, particularly after the SEC’s approval of spot Bitcoin ETFs in the U.S.. Goldman’s increased investment suggests rising demand from institutional clients, who see Bitcoin and Ethereum as viable alternatives to traditional assets. The firm’s growing exposure to digital assets reinforces the narrative that crypto is becoming a mainstream investment vehicle, despite ongoing regulatory scrutiny