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FirstFT: Chinese tech stocks ride DeepSeek wave to bull market
Also in today’s newsletter, EU weighs gas price cap, and will a US bitcoin reserve work?Financial Times - 2h -
Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market
Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.CNBC - 2h -
China’s tech stocks enter bull market after DeepSeek breakthrough
Budget AI model triggers global reappraisal of Chinese technology companiesFinancial Times - 3h -
Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market cap.CNBC - 8h -
BYD is offering a self-driving feature for all. That could be trouble for Tesla.
China EV maker BYD plans to install its self-driving technology on most cars without extra cost, and even cheaper models. Analysts say this could be another hurdle for Tesla.MarketWatch - 8h -
I Dated Multiple AI Partners at Once. It Got Real Weird
Do people really fall in love with AI? I dated bots from four different companies for a week—and found out it was easier than I thought.Wired - 20h -
What DeepSeek’s Success Tells Us About China’s Ability to Nurture Talent
China produces a vast number of STEM graduates, but it hasn’t been known for innovation. Cultural and political factors may help explain why.The New York Times - 1d -
Virginia bans DeepSeek from state devices, networks
Virginia Gov. Glenn Youngkin (R) barred state employees Tuesday from using artificial intelligence (AI) models developed by Chinese startup DeepSeek on state-issued devices and state-run networks. ...The Hill - 11h -
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BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek's AI help
Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said.CNBC - 1d -
Dozens of PwC China partners step aside after audit ban
Disclosure suggests Big Four firm has lost state-owned and finance sector clientsFinancial Times - 1d -
New York state bans DeepSeek from government devices
The state of New York has banned the Chinese artificial intelligence assistant DeepSeek on government devices.NBC News - 1d -
DeepSeek banned from NY state government devices
New York State is prohibiting the China-based artificial intelligence application DeepSeek from government devices. New York Gov. Kathy Hochul (D) announced on Monday state government employees are ...The Hill - 1d -
DeepSeek’s AI model is ‘the best work’ out of China but the hype is 'exaggerated,' Google DeepMind CEO says
DeepSeek's AI model "is probably the best work" out of China, Demis Hassabis said on Sunday, but added it was not a scientific advancement.CNBC - 1d -
Chinese EV leader BYD to offer ‘God’s Eye’ self-driving system on all models
Tesla rival will equip hatchback on sale for less than $10,000 with features usually found only on upscale vehiclesFinancial Times - 1d -
Amanda Palmer, Neil Gaiman’s former partner, denies claims of human trafficking
Palmer rejects allegations made in lawsuit filed by the former couple’s nanny accusing her of trafficking and negligence. Amanda Palmer, the musician and former partner of Neil Gaiman, has denied ...The Guardian - 1d -
49ers give Deebo Samuel permission to find a trade partner
The 49ers have granted wide receiver Deebo Samuel and his agent, Tory Dandy, permission to find a trade partner, Samuel told Adam Schefter of ESPN.Yahoo Sports - 2d -
Trump's AI ambition and China's DeepSeek overshadow an AI summit in Paris
The geopolitics of artificial intelligence will be in focus at a major summit in France this weekABC News - 2d -
Ex-Hollyoaks star's grief after mum and her partner found dead in France
Netflix star Callum Kerr said the family are grieving the loss of Andrew and Dawn Searle, who were found dead in south west France.BBC News - 3d -
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OpenAI responds to DeepSeek competition with detailed reasoning traces for o3-mini
By showing a more detailed version of the chain of thought of o3-mini, OpenAI is closing the gap with DeepSeek-R1.VentureBeat - 4d -
After DeepSeek Upended the Market, Is It Worth Investing in A.I.?
After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic value of the technology.The New York Times - 4d -
Is Your Partner Your Best Friend?
Expecting a spouse to be both friend and lover is a relatively new concept. Some think it’s asking too much.The New York Times - 4d -
French AI startup Mistral launches Le Chat mobile app for iPhone, Android — can it take enterprise eyes off DeepSeek?
With the new Le Chat app, Mistral is still positioning itself as a viable alternative to OpenAI's signature chatbot ChatGPT and to DeepSeek.VentureBeat - 5d -
House lawmakers push to ban AI app DeepSeek from US government devices
Lawmakers in the House are proposing to ban the Chinese artificial intelligence app DeepSeek from U.S. government devicesABC News - 5d -
DeepSeek’s R1 and OpenAI’s Deep Research just redefined AI — RAG, distillation, and custom models will never be the same
Pricing, performance, hallucination risks, clean data: Here’s what DeepSeek and OpenAI's breakthroughs mean for anyone building AI today.VentureBeat - 5d -
Valorant esports snags Sony’s InZone gaming brand as partner
Sony’s InZone has signed on as the main partner of VCT EMEA, the esports tournament for Riot Games' Valorant.VentureBeat - 5d -
Gaming M&A dipped in 2024 but fundraising doubled | Quantum Tech Partners
Gaming mergers and acquisitions were down 3% to $11.5 billion in 2024, but fundraising doubled, Quantum Tech Partners said.VentureBeat - 5d -
D.C. Lawmakers Take Aim at DeepSeek
Lawmakers are said to be working on a bill to block the Chinese chatbot app from government devices, underscoring concerns about the artificial intelligence race.The New York Times - 5d