Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
BTC Flat at $89,300 Despite $1.02B ETF Exodus — Buy the Dip Toward $107K? 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Chinese startup DeepSeek is reshaping the AI industry with its advanced and cost-efficient models, challenging U.S. dominance. The Hangzhou-based firm’s AI model, DeepSeek-V3, has garnered global attention for requiring less than $6 million in Nvidia (NASDAQ:NVDA) H800 chip power for training, a fraction of typical costs.
DeepSeek’s AI Assistant, powered by DeepSeek-V3, has surpassed OpenAI’s ChatGPT to become the top-rated free app on Apple’s (NASDAQ:AAPL) U.S. App Store. Its innovative models, including the recently launched DeepSeek-R1, are on par with top offerings from OpenAI and Meta (NASDAQ:META), while being 20 to 50 times cheaper depending on the task.
Skepticism remains, with Scale AI CEO Alexandr Wang alleging that DeepSeek possesses 50,000 Nvidia H100 chips, potentially violating U.S. export restrictions. Additionally, Bernstein analysts question the accuracy of DeepSeek's claimed training costs, suggesting they may exceed the reported $5.58 million.
DeepSeek’s success is backed by Liang Wenfeng, co-founder of the hedge fund High-Flyer. The fund, which pivoted to focus on Artificial General Intelligence (AGI), has patents and operates clusters of A100 chips, further strengthening DeepSeek’s AI capabilities.
Beijing has acknowledged DeepSeek's significance in advancing China’s AI ambitions. Founder Liang attended a closed-door symposium with Premier Li Qiang on the day of DeepSeek-R1’s launch, underscoring the strategic importance of self-sufficiency in AI amidst U.S. export controls.
DeepSeek’s rapid ascent challenges global tech giants and showcases China’s potential to rival U.S. AI innovation, sparking shifts in the technology landscape.
