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.
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China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know
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 …
Qiming Venture Partners’ Portfolio Company HyperStrong Successfully Listed on STAR Market
Beijing Time, Qiming Venture Partners’ portfolio company HyperStrong, a leading provider of battery energy storage systems (BESS) in China, successfully debuted on the Shanghai Stock Exchange’s …
China says it’s “extremely unlikely” COVID pandemic came from lab leak, as CIA now indicates
China says it’s “extremely unlikely” that COVID-19 came from a lab, after the CIA said it believed, though with low confidence, that it did, rather than from natural transmission.
COVID-19 most likely caused by a lab leak according to the CIA
The CIA now believes the COVID-19 pandemic is “more likely” to have originated from a laboratory leak in China than from animals.
XRP, Bitcoin Are Falling. It Isn’t Just China’s AI Threat That Is Hurting Crypto.
DeepSeek has produced an open-source AI model that could rival ChatGPT while being significantly cheaper to produce.