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Blackwell AI chip rollout fuels Nvidia's revenue surge
Feb 27,2025
Nvidia has forecast strong growth for the first quarter, reinforcing confidence in the booming demand for AI chips. Orders for the company's new Blackwell semiconductors were described as 'amazing', with CEO Jensen Huang stating that AI is advancing ...
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European AI stocks fall amid Microsoft data centre concerns
Feb 27,2025
European AI-related stocks declined for a second consecutive day on Tuesday, as concerns over Microsoft's data centre expansion dampened investor sentiment. A recent analyst note suggested Microsoft had cancelled major US data centre leases, raising ...
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China embraces DeepSeek for AI education
Feb 22,2025
Chinese universities have launched AI courses based on DeepSeek, a breakthrough AI startup from Hangzhou, which has gained significant attention for its advanced models, DeepSeek-V3 and DeepSeek-R1. These courses are part of a broader effort by Chine...
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China's tech giants take on US rivals in stock market surge
Feb 21,2025
Chinese tech stocks are experiencing a major surge, inspiring catchy nicknames as they rival the United States 'Magnificent Seven' tech giants. Driven by excitement around AI startup DeepSeek and perceived state backing following President Xi Jinping...
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India faces AI challenge as global race accelerates
Feb 20,2025
China's DeepSeek has shaken the AI industry by dramatically reducing the cost of developing generative AI models. While global players like OpenAI and Microsoft see potential in India, the country still lacks its own foundational AI model. The Indian...
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Meta announces LlamaCon as it accelerates AI push
Feb 20,2025
Meta has unveiled plans to host its first-ever developer conference dedicated to generative AI, called LlamaCon. Scheduled for April 29, the event will focus on Meta's open-source AI efforts, particularly its Llama models. The company aims to share u...
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DeepSeek's success drives Baidu's plan to open-source Ernie 4.5
Feb 19,2025
Baidu has announced plans to open-source its upcoming Ernie 4.5 chatbot series, citing inspiration from the success of AI firm DeepSeek. The move is aimed at encouraging greater adoption of its technology by making it more accessible. Baidu also plan...
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AI leadership goal drives South Korea's GPU investment
Feb 19,2025
South Korea has unveiled plans to acquire 10,000 high-performance GPUs by the end of the year, aiming to strengthen its national AI computing capabilities. Officials emphasised that global AI competition has escalated from corporate rivalries to clas...
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Tiger Brokers embraces AI with DeepSeek integration
Feb 18,2025
Tiger Brokers has integrated DeepSeek's AI model into its TigerGPT chatbot, marking a significant step in the race to adopt AI in the financial industry. The DeepSeek-R1 model is already being used by over 20 Chinese brokers and fund managers, transf...
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Alibaba secures major AI deal with Apple
Feb 14,2025
Alibaba has announced a new partnership with Apple to support the development of AI services for iPhones in China, a move that aims to help Apple counter declining smartphone sales in its crucial market. The collaboration is seen as a significant win...
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DeepSeek models boost competition for Chinese AI chipmakers
Feb 14,2025
The rise of DeepSeek's AI models is offering Chinese chipmakers like Huawei a better chance to compete in the domestic market against the powerful processors from US companies like Nvidia. For years, Huawei and other Chinese manufacturers have strugg...
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Alphabet CEO acknowledges China's role in global AI race
Feb 14,2025
Alphabet CEO Sundar Pichai has praised the work of Chinese startup DeepSeek, calling it an example of how AI is a truly global field. Speaking at the World Governments Summit in Dubai, he noted that innovation in AI is happening across multiple regio...
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