Latest in How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell off
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Chinese AI App DeepSeek Soars in Popularity, Startling Rivals
The company said Monday it was temporarily limiting new sign-ups due to “large-scale malicious attacks” on its services.Wired - 3d -
Chinese AI startup DeepSeek sends U.S. stocks tumbling
Chinese artificial intelligence company DeepSeek is sending shockwaves through Wall Street. CBS News MoneyWatch correspondent Kelly O'Grady has the details on that and the latest on TikTok.CBS News - 3d -
How Chinese A.I. Start-Up DeepSeek Is Competing With OpenAI and Google
The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.The New York Times - 3d -
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
Tech stocks plunged Monday morning, as fears mounted that Chinese artificial intelligence firm DeepSeek leapfrogged U.S. dominance in AI development.NBC News - 3d -
Tech stocks drop amid rise of China's DeepSeek AI model
Shares in major technology companies leading the artificial intelligence (AI) race took a tumble Monday morning amid investor concern about a new Chinese AI model with growing popularity. Nvidia, ...The Hill - 3d -
What is DeepSeek, the AI model taking the internet by storm?
Chinese artificial intelligence (AI) startup DeepSeek is stirring up anxiety in Silicon Valley after launching a new AI model that appears to rival leading AI ventures in the U.S. for a fraction of ...The Hill - 3d -
DeepSeek sell-off shows the risks of a concentrated US stock market
Should investors turn to equally weighted index products?Financial Times - 3d -
FirstFT: Success of Chinese rival to ChatGPT triggers global stock market sell-off
Also in today’s newsletter, Israel allows Palestinians to return to northern Gaza and investors offload record amounts of PE stakesFinancial Times - 3d -
How Chinese AI Startup DeepSeek Made a Model that Rivals OpenAI
When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.Wired - 5d -
How small Chinese AI start-up DeepSeek shocked Silicon Valley
Hedge fund billionaire Liang Wenfeng builds model on tight budget despite US attempt to halt China’s high-tech ambitionsFinancial Times - 5d -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - 6d -
How China’s new AI model DeepSeek is threatening U.S. dominance
An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and with less-powerful chips than U.S. AI giants.CNBC - 6d -
No retraining needed: Sakana’s new AI model changes how machines learn
Sakana found that self-adaptive models can modify their weights during inference to adjust behavior to new and unseen tasks.VentureBeat - 6d -
'Emilia Pérez': All the buzz and backlash around the Oscars' top nominee, explained
Jacques Audiard's Spanish-language cartel musical has garnered a lot of buzz this Oscar season — good and bad. Here's everything to know about the 'Emilia Pérez' discourse.Los Angeles Times - 6d -
Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model
Alexandr Wang, CEO of Scale AI, said Thursday that the AI race between the U.S. and China is an "AI war."CNBC - Jan. 23 -
Trump Announces Project Stargate, a Massive New Investment in AI
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion.Inc. - Jan. 21 -
'The Brutalist' sparks controversy after film's editor reveals use of AI
Days before the Oscar race officially kicks off, one of the expected frontrunners sparked controversy when the film's editor admitted using AI to enhance Hungarian accents in "The Brutalist."NBC News - Jan. 20 -
Waymo Finds a Way Around US Restrictions Targeting Chinese Cars
Waymo confirms to WIRED that its planned partnership with Chinese-owned automaker Zeekr remains “on track.”Wired - Jan. 17 -
A stock market sell signal’s been turned off. The market’s more sober.
Fund-manager cash levels are rising, one of a number of indicators showing that last year’s frothy market conditions have subsided and that sentiment has become more sober, Bank of America ...MarketWatch - Jan. 17 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
How Skechers’ Business Model Built the Third-Best Selling Footwear Brand After Adidas and Nike
The L.A.-area company is on track to increase sales to $10 billion by 2026, using a product and marketing strategy focusing on consumers its giant rivals overlook.Inc. - Jan. 13 -
Landlords ripping off fire victims, says Selling Sunset star
Real estate mogul Jason Oppenheim says renters are being asked for thousands over previous prices.BBC News - Jan. 12 -
What does the gilt sell-off mean for your money?
Mortgages, pensions and investments likely to feel the effects of rising bond yieldsFinancial Times - Jan. 10 -
Chinese lenders have a massive challenge: They can't lend enough
Chinese onshore banks and funds have flocked to government bonds amid a gloomy economic outlook as hopes for meaningful policy push fade.CNBC - Jan. 10 -
UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this yearFinancial Times - Jan. 10 -
Chinese robot vacuum cleaner company reveals model with an AI-powered arm
Chinese robot vacuum cleaner company Roborock says its new model has an artificial intelligence-powered folding arm for removing socks and other obstacles.CNBC - Jan. 5 -
Alibaba sells stake in Chinese hypermarket operator at steep discount
Sun Art deal is ecommerce group’s second major divestment of bricks-and-mortar assets in less than a monthFinancial Times - Jan. 2 -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - Jan. 1
