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…
Monthly Archives For January 2025
Thai businesses face up to $30M in losses from China’s syrup import ban
Thai businesses could suffer losses of up to 1 billion baht (US$29.5 million) following China’s ban on sugar syrup and premixed powder imports from Thailand, insiders reported.
Emergence of China’s DeepSeek AI Firm, and R1 Platform, Craters Everyone Else. Worries Rise About Chinese Government Influence
DeepSeek is cratering markets this morning as the alternative to ChatGPT, Grok, Gemini, etc.; it is said to provide better results, use fewer resources, and …
It’s official now! CIA says the virus responsible for the COVID-19 pandemic originated from a Wuhan lab after years of denial under Biden’s administration
CIA director John Ratcliffe ordered the release of a declassified assessment about the origin theory of COVID-19.
China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know
The buzz around Chinese AI startup DeepSeek began picking up steam earlier this month, when the startup released R1, its model that rivals OpenAI’s o1.
China’s net gold imports via Hong Kong slump in December
China’s net gold imports via Hong Kong in December fell 84% from the previous month, dropping to their lowest since April 2022, Hong Kong Census and Statistics Department data showed on Monday. WHY IT …
Tech stocks fall as China’s DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December after saying that it took only two months and less than $6 million to create.
Vanke’s woes reignite fears for China’s property sector
Real estate developer says it expects $6.2bn annual loss and announces sudden resignation of chair and chief executive …
China central bank conducts 1.7 trln yuan of outright reverse repos in Jan
China’s central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The People’s Bank of China (PBOC) said the repo operations aimed to “keep …
China’s factory activity contracts in January for the first time in four months
China’s most important festival, this year’s public holidays will begin on Tuesday and continue until 4 February. It is the time when millions of people leave the cities to travel back home for a rare…
Coronavirus: Top China expert says virus ‘spreading rapidly’ after easing of zero-Covid policy
One of China’s top health experts has warned of a surge in Covid-19 cases, state media said on Sunday, in the wake of the government’s decision to abandon its hardline coronavirus strategy.
A new AI assitant from China has Silicon Valley talking
DeepSeek’s latest models, created by a small company with limited resources, are already beating many of the leading AI models in the United States.
What Is China’s DeepSeek and Why Is It Freaking Out the AI World?
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 …