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How China’s new AI model DeepSeek is threatening U.S. dominance

How China’s new AI model DeepSeek is threatening U.S. dominance

A little-known AI lab out of China has ignited panic throughout Silicon Valley after releasing AI models that can outperform America’s best despite being built more cheaply and with less-powerful chips.  DeepSeek, as the lab is called, unveiled a free, open-source large-language model in late December that it says took only two months and less than $6 […]

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Trump signs executive order promoting crypto, paving way for digital asset stockpile

Trump signs executive order promoting crypto, paving way for digital asset stockpile

U.S. President Donald Trump holds a signed executive order on cryptocurrencies in the Oval Office of the White House, in Washington, U.S., January 23, 2025. REUTERS/Kevin Lamarque Kevin Lamarque | Reuters President Donald Trump signed an executive order on Thursday to promote the advancement of cryptocurrencies in the U.S. and to work towards potentially developing a

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Twilio stock surges after company issues optimistic 2027 profit forecast

Twilio stock surges after company issues optimistic 2027 profit forecast

Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Cloud communications software maker Twilio on Thursday issued a hopeful profit forecast for the next few years. The company sees its adjusted operating margin widening to between 21% and 22% in 2027 as part of a three-year

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Ivanka Trump warns investors that meme token bearing her name is fake

Ivanka Trump warns investors that meme token bearing her name is fake

Hakan Nural | Getty Images Ivanka Trump, the daughter of President Donald Trump, is warning investors against buying a fraudulent crypto coin bearing her name. “It has come to my attention that a fake crypto coin called ‘Ivanka Trump’ or ‘$IVANKA’ is being promoted without my consent or approval,” she wrote in a post on

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Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model

Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model

The U.S. may have led China in the artificial intelligence race for the past decade, according to Alexandr Wang, CEO of Scale AI, but on Christmas Day, everything changed. Wang, whose company provides training data to key AI players including OpenAI, Google and Meta, said Thursday at the World Economic Forum in Davos that DeepSeek,

Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model Read More »

UK opens investigations into Apple and Google’s mobile ecosystems

UK opens investigations into Apple and Google’s mobile ecosystems

Omar Marques | Lightrocket | Getty Images Britain’s competition regulator on Thursday launched an investigation into Apple and Google’s huge mobile ecosystems to determine whether the tech titans are in breach of the U.K.’s strict new digital competition rules. The U.K. Competition and Markets Authority said it was opening dual probes into both U.S. tech

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SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom

SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom

SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix, one of the world’s largest memory chipmakers, posted record quarterly earnings

SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom Read More »

Microsoft’s business development chief Chris Young resigns

Microsoft’s business development chief Chris Young resigns

Christopher Young, executive vice president of business development at Microsoft Corp., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. The GeekWire Summit brings together business, tech and community leaders for discussions about the future. David Ryder | Bloomberg | Getty Images Microsoft‘s head of business development Chris Young, who

Microsoft’s business development chief Chris Young resigns Read More »

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