Chevron, GE Vernova aim to fuel power-hungry AI. DeepSeek throws that in question.
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DeepSeek’s New AI Model Sparks Shock, Awe, and Questions From US Competitors
Some worry the Chinese startup’s impressive tech indicates the US is losing its lead in AI, but it may really be a sign that a new approach to building models is gaining traction.Wired - 1d -
Bitcoin miners slump after DeepSeek raises questions about AI power usage. What’s next.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - 15h -
DeepSeek threat exposes guesswork on AI power demand, says IEA
Breakthrough suggests artificial intelligence’s appetite for energy may not be as insatiable as previously thoughtFinancial Times - 1d -
DeepSeek shows AI's centre of power could shift away from US
The app's strong debut has shaken beliefs that the US would remain the unchallenged global AI superpower, writes the BBC's Marc Cieslak.BBC News - 1d -
DeepSeek Is Fueling a Stock Market Reckoning
Wall Street is panicking as China seems to have created a real competitor to OpenAI’s ChatGPT for cheap.Inc. - 2d -
Trump may not like wind power, but Stargate AI plan is a boon for GE Vernova
GE Vernova’s stock was rallying toward a sixth straight record close Wednesday as optimism over how the power business will benefit from President Trump’s AI plan overshadowed weakness in wind.MarketWatch - Jan. 22 -
AI set to fuel surge in new US gas power plants
Climate targets in peril as Big Tech turns to fossil fuels to feed energy demandFinancial Times - Jan. 13 -
2-GW Gas-Fired Plant With GE Vernova Turbines Now Online in China
Yahoo News - Jan. 9
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To some, OpenAI is a DeepSeek victim. But SoftBank may be more upbeat than ever.
SoftBank reportedly is in talks to invest up to $25 billion in OpenAI and become the ChatGPT creator’s largest investor.MarketWatch - 4h -
ServiceNow’s stock falls as the outlook underwhelms. But it is conservative?
ServiceNow’s CFO said the forecast for subscription revenue is prudent. And one analyst cheered the company’s momentum with large deals.MarketWatch - 5h -
Microsoft investors are ignoring this number that suggests better growth ahead
Microsoft Corp. investors focused on the company’s disappointing revenue of its Azure cloud business on Wednesday, but they should also be looking at another number indicative of future growth: ...MarketWatch - 5h -
Whirlpool swings to a loss and guides for more weakness in 2025, sending stock down
Appliance maker is still working to cut costs and hoping for a recovery in the U.S. housing market.MarketWatch - 6h -
Amid threats of DeepSeek disruption, IBM sees benefits from more efficient AI and deregulation
IBM shares rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.MarketWatch - 7h
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Shares of fashion giant H&M drop 5% as fourth-quarter sales miss estimates but full-year profit beats
H&M on Thursday reported a slightly better-than-expected uptick in operating profit, although sales missed forecasts in the fourth quarter.CNBC - 19m -
Oil giant Shell raises dividend despite larger-than-expected drop in full-year profit
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.CNBC - 27m -
American Airlines regional jet carrying 64 collides midair with military helicopter near D.C. airport
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Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target
Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.CNBC - 1h -
France's shrinking economy betrays urgent need to overcome budget wrangles
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