The Globe and Mail reports in its Friday edition global investors are increasing their wagers on Chinese artificial-intelligence companies, betting on the next DeepSeek and seeking to diversify, with concerns growing about a speculative bubble in the sector on Wall Street. A Reuters dispatch to The Globe says demand for China's AI companies is also being stimulated by Beijing's push for tech independence. China has fast-tracked blockbuster listings of chipmakers, notably Moore Threads Technology, dubbed "China's Nvidia," and MetaX Integrated Circuits, which both debuted last month. Foreigners see China closing the tech gap with the United States as Beijing steps up support for AI chipmakers, spurring bets on Chinese companies just as worries grow over lofty valuations on U.S.-listed AI stocks. United Kingdom asset manager Ruffer, for example, said it has "deliberately limited exposure" to the Magnificent Seven and is looking to add positions in Alibaba Group for a bigger exposure to China's AI theme. "While the U.S. remains the leader in frontier AI, China is rapidly narrowing the gap," said Gemma Cairns-Smith at Ruffer. "The moat may not be as wide, or as deep, as many think. The competitive landscape is shifting."