On today’s episode of CNBC Crypto World, bitcoin stumbles after Chinese startup DeepSeek reveals an AI model that puts the U.S. dominance in artificial intelligence in question and leads to a sell-off of tech stocks.
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Ascentage Has First U.S. Biotech IPO of 2025, Raising $126M to Bring Its Cancer Meds to the World
Ascentage Pharma’s U.S. IPO will support clinical testing of its two lead drugs, small molecules in development for advanced cases of certain blood cancers.
Bond bulls put Beijing on the horns of a dilemma
Robust demand for China’s government bonds is helping Beijing to raise funds inexpensively to support growth in its fragile economy. Yet a relentless plunge in yields is creating entrenched …
How China’s DeepSeek shook up US markets, by the numbers
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence. A company called DeepSeek said it had developed a large language model that can …
Nvidia calls China’s DeepSeek R1 model ‘an excellent AI advancement’
Nvidia called DeepSeek’s R1 model “an excellent AI advancement,” despite the Chinese startup’s emergence causing the chip maker’s stock price to plunge 17%.
Nvidia Reels After China’s A.I. Breakthrough
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner than many had expected.
Harbin Researchers Sidestep US Sanctions as China’s EV Exports Hit a Standstill in 2025
U.S. sanctions restrict the sale of Extreme Ultraviolet (EUV) lithography equipment to China. However, researchers at the Harbin Institute of Technology recently developed a new …
What to Know About the CIA’s Conclusion that COVID-19 Came From a Lab
The problem for the lab-leak position is that the U.S. has never had access to the Wuhan lab and has thus been unable to reach a definitive answer for more than five years. Now that…
China signals willingness to repatriate confirmed Chinese nationals from the US
China said on Monday it is willing to repatriate confirmed Chinese nationals from the United States, as U.S. President Donald Trump has threatened tariffs and sanctions on some countries if they do …
China complains about CIA changing its tune on COVID-19 origins theory
Beijing rejected the CIA’s findings that COVID-19 was likely leaked from a Chinese research laboratory. “It is ‘extremely unlikely’ that the pandemic was caused by a lab leak — this is the …
After new CIA finding, China says ‘extremely unlikely’ COVID-19 came from a lab
China on Monday dismissed the possibility that the virus that caused COVID-19 leaked from a lab, after the CIA said it now favors the so-called lab leak theory over natural transmission. “It is …
How Trump Can Beat Beijing at Its Own Game
By engaging China smartly, Trump can ensure that, for once, Washington—and not Beijing—sets the terms of the bilateral relationship.
Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week’s much-awaited results from industry bellwethers.