Earlier this week, many technology stocks sold off sharply on news of DeepSeek R1, the groundbreaking, low-cost AI model from China that materially lowered the cost of deploying AI. Amazon (NASDAQ: AMZN) founder Jeff Bezos once said,
At least three other companies including those backed by Alibaba and Tencent released updates to their applications in recent weeks.
Brownstein Hyatt Farber Schreck, the largest lobbying firm by revenue in the United States, has yet to terminate its relationship with Chinese tech conglomerate Tencent nearly two weeks after the Defense Department designated it as a “Chinese military company,
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So much for the quiet pre-holiday trading session as Asian equities were mixed though Australia was closed for Australia Day, Indonesia was closed for Al Isra’ wal-Mi’raj, South Korea was closed for the Korean New Year,
While the launch date is unclear, there is hope it will be rolled out this year as it was featured in the iPhone 16 release last September.
DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.
China's Alibaba unveils new AI model Qwen 2.5 Max, claiming it outperforms ChatGPT, DeepSeek, and Llama in the AI race.
China can tap a large software engineer talent pool from its consumer-focused companies, Pan Jian of battery maker CATL told the World Economic Forum.
At least three other companies including those backed by Alibaba and Tencent released updates to their applications in recent weeks.