Chinese AI startup DeepSeek founder Liang Wenfeng is reportedly set to meet with China's Xi Jinping during a summit.

Asian equities ended the week mixed, led higher by Hong Kong, especially Hong Kong-listed growth stocks, while Taiwan underperformed.

Tech experts and national security officials are warning users after the release of Deepseek. It's a new Chinese company that claims it performs better than Western models like ChatGPT.