Latest in Upstart Chinese AI company DeepSeek's founder started out as a low key hedge fund entrepreneur
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What Is DeepSeek and Why Is It Disrupting the AI Sector?
DeepSeek is a powerful new rival to American artificial intelligence heavyweights like OpenAI and Meta. Here’s what to know about its surge.Inc. - 3d -
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 -
What is DeepSeek, and why is it causing investors to freak out?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.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 -
DeepSeek changes rules of AI’s great game
Chinese start-up’s breakthrough may be bad news for US tech giants, but could be a windfall for everyone elseFinancial Times - 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 -
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 - 6d -
Why everyone in AI is freaking out about DeepSeek
DeepSeek has a free website and mobile app even for U.S. users with an R1-powered chatbot interface similar to OpenAI's ChatGPT.VentureBeat - 6d -
Berkeley SkyDeck teams with Mayfield to support AI-focused student entrepreneurs
Berkeley SkyDeck, the global hub for entrepreneurship and accelerator, along with UC Berkeley College of Computing, Data Science, and Society (CDSS), announced a partnership with Mayfield. The aims ...VentureBeat - Jan. 22 -
Meet the Founder Behind 26 of Last Year’s Inc. 5000 Companies
Greg Muzzillo founded franchising powerhouse Proforma nearly half a century ago. Here are four of his best growth tips.Inc. - Jan. 21 -
These hedge-fund legends beat their peers. But a simple model beat them.
The top 20 hedge funds of all time outperformed their rivals last year. But they still trailed a simple 60/40 model that is far less expensive.MarketWatch - Jan. 21 -
Toast, the Low-Key Brand, Expands Its U.S. Presence
A low-key brand, founded by archaeologists in Wales, has quietly expanded in New York.The New York Times - Jan. 20 -
Hedge fund managers pocket nearly half of investment gains as fees
Industry has taken $1.8tn in charges since the 1960s, according to LCH researchFinancial Times - Jan. 20 -
Even Before TikTok’s Troubles, Chinese Companies Were Wary of Washington
Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.The New York Times - Jan. 18 -
‘It brought out the most vile side of lad culture’: Unilad founder Alex Partridge on online hate, alcoholism and ADHD
The entrepreneur suffered with anxiety all his life, then a court case fuelled his alcoholism and nearly cost him everything. Now, an ADHD diagnosis has brought him clarity, a podcast and ...The Guardian - Jan. 17 -
UK watchdog scrutinises investment trusts’ battle with US hedge fund
FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votesFinancial Times - Jan. 16 -
What’s next for agentic AI? LangChain founder looks to ambient agents
LangChain’s founder Harrison Chase is looking to advance agentic AI with the concept of ambient agents, which might well be the next step on the path to generalized intelligence.VentureBeat - Jan. 15 -
Biden Administration Adds 37 Chinese Companies to Forced Labor List
The administration announced it would penalize its largest-ever batch of companies linked to Xinjiang, including major suppliers of critical minerals and textiles.The New York Times - Jan. 14 -
These companies are pledging millions in funds, supplies to help LA fire victims
Major corporations, including Disney and Target, have announced pledges to help the growing number of people affected by the LA wildfires.ABC News - Jan. 11 -
New York governor wants to limit hedge funds from buying up homes
New York Gov. Kathy Hochul says she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the stateABC News - Jan. 9 -
Cohere co-founder sees big AI opportunity in enterprise, happy to stay out of ChatGPT's way
Cohere on Thursday debuted its early access program for its AI agent platform called North, as it deepens its focus on the enterprise.CNBC - Jan. 9 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped
In 2018 Black founders secured just 0.23% of venture funds, according to data from Extend Ventures.CNBC - Jan. 9 -
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - Jan. 7 -
Nvidia founder unveils next generation of AI and gaming chips at CES 2025
In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him.NBC News - Jan. 7 -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back fundingFinancial Times - Jan. 6 -
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 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1