Alibaba’s $53B AI Bet: A Bold Move to Dominate the Future
Alibaba Group Holding Ltd. is making a bold move into the world of artificial intelligence (AI). The e-commerce giant has announced plans to invest over 380 billion yuan ($53 billion) in AI infrastructure, including data centers, over the next three years. This significant investment underscores Alibaba’s ambition to become a key player in the AI […]
China’s AI Boom: How DeepSeek Is Reshaping Tech and the Economy
Beijing is betting big on artificial intelligence (AI) as it looks for new economic growth drivers. At the center of this transformation is DeepSeek, a fast-rising AI startup that has taken China’s tech landscape by storm. With its open-source AI model, DeepSeek is being rapidly adopted by major Chinese companies, state-owned enterprises, and even competitors. […]
Tiger Brokers Leads AI Charge with DeepSeek Integration in the Financial Industry
The financial landscape in China is undergoing a major transformation as AI takes center stage. Tiger Brokers, a leading online brokerage, has integrated DeepSeek’s AI model, marking a significant step in the country’s push for smarter, data-driven financial services. Tiger Brokers Taps Into AI for Smarter Investing Tiger Brokers, backed by investors like Xiaomi and […]
Amazon’s $100 Billion AI Plan: Racing to Dominate the Future
In a bold move to solidify its position in the rapidly evolving tech landscape, Amazon has announced plans to ramp up its capital expenditures to a staggering $100 billion by 2025. The bulk of this spending will be directed toward artificial intelligence (AI), as the company seeks to stay ahead in the fiercely competitive AI […]
US & Italy Crackdown on DeekSeek over Data Security
The U.S. and Italy are escalating actions against the Chinese AI app DeepSeek, citing data security and privacy concerns. Following President Trump’s crackdown, Italy removed the app from stores and initiated an investigation into its compliance with EU data regulations, demanding clarity on data ownership and storage within 20 days. In the U.S., DeepSeek has […]
Microsoft Investigates Potential OpenAI Data Misuse by DeepSeek-Linked Group
OpenAI has accused Chinese AI startup DeepSeek of copying its models to create cost-efficient, high-performing AI systems. Microsoft, a major OpenAI investor, is investigating claims that DeepSeek trained its models using OpenAI’s API outputs. This process, called “distillation,” has raised concerns about intellectual property theft. While OpenAI criticizes DeepSeek, it faces similar allegations for scraping […]
Alibaba’s Qwen2.5-Max AI Model Outperforms DeepSeek V3
Alibaba has introduced Qwen2.5-Max, a large-scale Mixture-of-Expert (MoE) AI model, pretrained on over 20 trillion tokens and fine-tuned using advanced techniques like Supervised Fine-Tuning (SFT) and Reinforcement Learning from Human Feedback (RLHF). Qwen2.5-Max outperforms leading models like DeepSeek V3 in benchmarks such as coding (LiveCodeBench) and human-like preferences (Arena-Hard). The model is now accessible via […]
DeepSeek Sparks US Security Concerns
Chinese AI chatbot DeepSeek, which recently topped app store charts with over 2 million downloads, is facing scrutiny over its data storage in China. Experts warn that its collection of sensitive user data, including IP addresses and keystroke patterns, poses national security risks similar to TikTok. The US Navy has already advised against its use, […]
Nvidia Loses $600 Million in Market Value Amid Rising Chinese AI Competition
Nvidia’s shares plummeted nearly 18%, erasing $600 billion in market value—the largest single-day loss in U.S. history. This downturn, part of a broader tech sell-off, pushed Apple back to the top as the world’s most valuable company. The decline was fueled by concerns over China’s AI advancements, particularly DeepSeek’s low-cost model, which claims to rival […]
DeepSeek Surpasses ChatGPT on the Apple App Store
DeepSeek has surpassed ChatGPT to become the top-rated free app on Apple’s U.S. App Store. Powered by the advanced DeepSeek-V3 model, the app launched on January 10 and has quickly gained prominence. DeepSeek’s competitive model was trained using Nvidia’s H800 chips, costing under $6 million, challenging U.S. export controls on advanced chips for China. Its […]
