[ad_1] On one hand, there is optimism that AI will improve the world in ways that human intelligence has not been able to. On the other is the fear that we donât know how this artificial (or non-human) intelligence will change the world. Also Read: Jaspreet Bindra: The ethics of AI will matter more than…
[ad_1] Did he have a moat? Yes, he answered, according to another CEO who was there. No one else had raised the billions of dollars that he had. That was his moat. This short-sighted approach to doing business, that huge sums of money alone can keep competition at bay, is why giants like Meta Platforms…
[ad_1] With the rising popularity of DeepSeek, a report by Bernstein stated that the Chinese AI app looks fantastic but is not a miracle, and it has not been built in $5 million. The report mentioned that the claim of DeepSeek, which is comparable to ChatGPT by OpenAI, is built at a cost of $5…
[ad_1] On 21 January, US President Donald Trump appeared with OpenAIâs Sam Altman, Oracleâs Larry Ellison and Softbankâs Masayoshi Son to announce a $500 billion artificial intelligence (AI) project. âThis monumental undertaking is a resounding declaration of confidence in Americaâs potential under a new president,” Trump declared. Not to be outdone, Son said this amounted…
[ad_1] IT IS Common lore in Silicon Valley that no company has a bigger moat than Nvidia, the worldâs dominant supplier of chips for artificial intelligence (AI). That was true until January 27th, when a Chinese firm called DeepSeek, bearing an AI model that it said cost less than $6m to train, blew a nearly…
[ad_1] By SinĂŠad Carew, Medha Singh, Amanda Cooper NEW YORK/BENGALURU/LONDON (Reuters) -Technology shares on Tuesday regained some ground lost and AI chip leader Nvidia rose more than 6% after the previous day’s record-breaking wipeout sparked by a low-cost Chinese artificial intelligence model that threatens the dominance of U.S. rivals. On Monday, Nvidia lost about 17%…
[ad_1] At 40, Liang Wenfeng has emerged as a key figure in China’s growing artificial intelligence (AI) industry, leading DeepSeek. It is an AI startup that has disrupted markets and drawn comparisons to global players like OpenAI. A product which Liang Wenfeng describes as not a business model but something that is âdriven out of…
[ad_1] US stock indices opened higher on Tuesday after previous session’s sharp losses. At the opening bell, the Dow Jones Industrial Average rose 42.8 points, or 0.10%, to 44,756.36. The S&P 500 rose 14.7 points, or 0.24%, to 6,026.97â, while the Nasdaq Composite rose 76.4 points, or 0.39%, to 19,418.219. Nvidia and other tech stocks…
[ad_1] US stock indices edged higher on Tuesday after previous session’s sharp losses amid a tech-led selloff. As of 10:20 am Eastern time, the S&P 500 was 0.3 per cent higher. The Dow Jones Industrial Average was up 0.3 per cent and the Nasdaq Composite was 0.8 per cent higher. At the opening bell, the…
[ad_1] In a recent chat with CNBC, Alexandr Wang, CEO of Scale AI, made a striking revelation about DeepSeekâs hardware stash. According to Wang, DeepSeek is in possession of over 50,000 NVIDIA H100 chips, a massive haul that they are unable to openly discuss due to stringent US export controls. Wang explained that, âThe Chinese…
