The emergence of the low-cost Chinese model has sent waves rippling across the AI industry. Read more at straitstimes.com.
Chinese startup DeepSeek's launch of its latest AI models, which it says are on a par or better than industry-leading models in the United States at a fraction of the cost, is threatening to upset the technology world order.
Some AI researchers hailed DeepSeek’s R1 as a breakthrough on the same level as DeepMind’s AlphaZero, a 2017 model that became superhuman at the board games Chess and Go by purely playing against itself and improving, rather than observing any human games.
If the new proposal is accepted, the U.S. government would not have voting power or a seat on the company's board.
Billionaire and Scale AI CEO Alexandr Wang told CNBC's "Squawk Box" on Thursday that DeepSeek, the Chinese AI company that has sparked panic on the market by introducing a seemingly more efficient competitor to American AI tools,
The recently announced Stargate Project, with its ambitious $500 billion investment over four years, represents a seismic shift in the global AI race.
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.
Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.
Oracle, driven by AI and cloud, projects a 15% stock price CAGR potential over five years, and a fair valuation amid a changing U.S. regulatory climate.
DeepSeek R1, the surprisingly efficient and powerful Chinese AI model, has taken the technology industry by storm and is rattling nerves on Wall Street.
Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.