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.
Maybe they should have called it DeepFake, or DeepState, or better still Deep Selloff. Or maybe the other obvious deep thing that the indigenous AI
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.
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.
The Federal Reserve's two-day meeting begins on Tuesday where it's expected to keep interest rates steady. Investors will look for any hints on whether a rate cut could happen soon if inflation eases closer to the U.S. central bank’s 2% annual target.
China's DeepSeek R1 AI model is causing a stir with its low-cost capabilities, challenging U.S. tech industry dominance.