Tag - ai

 
 

AI

The Grok-3 artificial intelligence chatbot has "more than 10 times” the computing power of its predecessor, billionaire Elon Musk said in a presentation alongside three engineers from xAI, his AI startup, on Monday.
BUSINESS / Tech
Feb 18, 2025
Musk debuts Grok-3 AI chatbot to rival OpenAI and DeepSeek
Grok-3 beats its rivals across math, science and coding benchmarks, the chatbot's developer says.
While DeepSeek's low-cost AI has attracted businesses, security experts warn that patching these vulnerabilities can be expensive and still less secure than Silicon Valley's more expensive models.
COMMENTARY / World
Feb 18, 2025
The DeepSeek AI revolution has a security problem
The AI model that shocked Silicon Valley by doing more with less might be doing too little on safety. That could hurt its business prospects.
A giant screen shows news footage of Chinese President Xi Jinping shaking hands with DeepSeek founder Liang Wenfeng during a symposium on private enterprises, at a shopping complex in Beijing on Monday.
BUSINESS / Tech
Feb 18, 2025
China's tech rally rests on 'hot money'
Hong Kong tech shares have surged 31% since the middle of January to hit three-year highs on Monday while President Xi Jinping sat down with top tech leaders in Beijing.
Screens display web pages of the Chinese artificial intelligence chatbot DeepSeek. South Korean authorities said on Monday that DeepSeek would not be available on local app stores, pending a review of the Chinese AI startup's handling of user data.
WORLD
Feb 17, 2025
Chatbot vs. national security? Why DeepSeek is raising concerns
Governments from Rome to Seoul are cracking down on the chatbot, saying they need to prevent potential leaks of sensitive information.
Hedge funds have been piling into Chinese equities at the fastest pace in months as bullishness on the DeepSeek-driven technology rally adds to hopes for more economic stimulus.
BUSINESS / Markets
Feb 16, 2025
DeepSeek drives $1.3 trillion China stock rally as funds pile in
DeepSeek’s breakthrough in artificial intelligence is helping drive a rotation of stock funds back into China from India.
Sydney-based Minotaur Capital outperformed the global stock market in its first six months while slashing research costs by using AI.
BUSINESS / Markets
Feb 14, 2025
Hedge fund startup that replaced analysts with AI beats the market
Minotaur Capital, which has no analysts on staff, returned 13.7% in the six months ending January versus 6.7% for the MSCI All-Country World Index.
Washington plans to renegotiate some aspects of its CHIPS Act after assessing and changing current requirements, according to the sources.
WORLD / Politics
Feb 14, 2025
Trump prepares to change U.S. CHIPS Act conditions, sources say
The extent of the possible changes, and how they would affect agreements already finalized, was not immediately clear.
Analysts warn that the emergence of DeepSeek’s low-cost, open-source large language models might cool the artificial intelligence frenzy and thus cap SoftBank's investment performance.
BUSINESS / Companies
Feb 14, 2025
Bears circle SoftBank as DeepSeek clouds outlook for Stargate
DeepSeek’s low-cost AI model is begging the question of whether such massive spending on Stargate is even necessary.
Volatility in the Vision Fund’s quarterly performance consistently dogs SoftBank, which has embarked on a project with OpenAI to invest $500 billion on artificial intelligence infrastructure.
BUSINESS / Companies
Feb 12, 2025
SoftBank swings to a loss ahead of big Stargate AI bet
The Tokyo-based company reported a net loss of ¥369.2 billion ($2.4 billion) for the fiscal third quarter amid volatility in its Vision Fund unit.
U.S. Vice President JD Vance waves during a bilateral meeting with the president of the European Commission held at the Chief of Mission's residence at the U.S. embassy in Paris on Tuesday.
WORLD / Politics
Feb 12, 2025
Vance warns Europe against overregulating emerging AI
JD Vance’s appearance in Paris is his first major engagement on his first foreign trip as Donald Trump’s vice president.
Meta headquarters in Menlo Park, California
BUSINESS / Tech
Feb 12, 2025
Meta rally makes history as it goes on offensive with AI
Even in a market where artificial intelligence winners are rewarded, Meta shares stand out.
Sam Altman (left) and Elon Musk were among the 11-person team that founded OpenAI in 2015.
BUSINESS / Tech
Feb 12, 2025
AI feud: How Musk and Altman's partnership turned toxic
Facing a barrage of hostility, Altman has increasingly suggested that Musk's actions stem from regret over leaving OpenAI in 2018.
French President Emmanuel Macron speaks during the AI Action Summit in Paris on Monday.
BUSINESS / Tech
Feb 11, 2025
France and EU promise to cut red tape on artificial intelligence technology
European lawmakers last year approved the bloc's artificial intelligence law, the world's first comprehensive set of rules governing the technology.
Billionaire Elon Musk's bid is likely to ratchet up longstanding tensions with OpenAI CEO Sam Altman over the future of the ChatGPT maker at the heart of a boom in generative AI technology.
BUSINESS / Tech
Feb 11, 2025
Musk-led group makes $97.4 billion bid for control of OpenAI
The move was another salvo in billionaire Elon Musk's fight to block the AI startup from transitioning to a for-profit firm.
SoftBank Group Chairman and CEO Masayoshi Son announces  the Stargate Project, an artificial intelligence venture with OpenAI, during a news conference in Tokyo on Feb. 3.
BUSINESS / Companies
Feb 11, 2025
SoftBank eyes debt-heavy financing for $500 billion AI push
SoftBank and OpenAI’s push to build out tens of gigawatts of datacenter capacity has the potential to be the biggest rollout of computing power ever.
French President Emmanuel Macron attends an interview for national television ahead of the Artificial Intelligence Action Summit in Paris on Sunday.
BUSINESS / Tech
Feb 10, 2025
Macron beats French investment drum ahead of AI summit
The two-day event in Paris has stated aims that include "mapping" AI governance around the world, and promoting the idea of more ethical, accessible and frugal AI.
Construction for a new Microsoft data center in East Wenatchee, Washington, in November 2024.
BUSINESS / Tech
Feb 10, 2025
What DeepSeek? Big Tech keeps its AI building boom alive.
After DeepSeek’s breakthrough rattled markets, U.S. tech giants doubled down on massive data center investments to stay ahead in AI.
The three megabank groups including Mitsubishi UFJ Financial Group posted record consolidated net profits in April-December 2024.
BUSINESS / Companies
Feb 9, 2025
Japan firms to log record profits — driven by finance and AI biz
Leading the growth is the financial sector, buoyed by the return of positive interest rates to Japan thanks to the Bank of Japan's rate hikes
Sam Altman, chief executive of OpenAI, speaks at a White House event with President Donald Trump, left; Softbank chief executive Masayoshi Son, third from left; and Larry Ellison, chairman of Oracle, at the White House on Jan. 21.
BUSINESS / Tech
Feb 9, 2025
How Sam Altman sidestepped Elon Musk to win over Donald Trump
After helping President Trump get elected, Elon Musk was poised to dominate the nation’s AI policies. But someone got there before him.
Tokyo Electron, one of a handful of key chip gear-makers globally, revealed expansion plans after posting better-than-expected earnings.
BUSINESS
Feb 6, 2025
Tokyo Electron plans expansion despite AI spending doubts
The company, one of a handful of key chip gear-makers globally, revealed the expansion after posting better-than-expected earnings.

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