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Tech giants power stock rebound after DeepSeek AI reckoning

The world’s largest technology companies climbed after a sell-off that shook markets around the globe, with traders gearing up for…

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New Business

Explainer | What DeepSeek’s success means for Nvidia and costly GPU-driven AI growth

The first major casualty of the success of Chinese artificial intelligence (AI) start-up DeepSeek has turned out to be Nvidia,…

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New Business

DeepSeek breakthrough raises investor concerns over the need for massive AI spending

A little-known Chinese start-up, whose affordable technology matches the likes of the most formidable American tech titans such as OpenAI…

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New Business

Hong Kong stocks gain on valuation focus as DeepSeek sparks US tech rout

Hong Kong stocks rose, bucking losses in regional markets, on speculation global funds will switch from expensive US tech companies…

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New Business

Meta to spend up to $65 billion in 2025 for AI expansion

Listen to article Meta Platforms is preparing to invest between $60 billion and $65 billion this year to expand its artificial intelligence…

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US chipmaker Texas Instruments’ forecast signals semiconductor slump is persisting

US semiconductor giant Texas Instruments gave a disappointing earnings forecast for the current period, hurt by still-sluggish chip demand and…

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SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

South Korea’s SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence (AI) chipsets would double this…

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New Business

China’s most popular AI app gets facelift with ByteDance’s Doubao 1.5

TikTok parent ByteDance has launched an updated version of Doubao, China’s most popular consumer-facing artificial intelligence (AI) app, as the…

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New Business

Beijing meeting puts spotlight on China’s new face of AI, DeepSeek founder Liang Wenfeng

Liang Wenfeng, 40, took part in the meeting where a select group of industry experts – in the fields of…

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New Business

Nvidia CEO’s whirlwind Taiwan tour: from Lunar New Year banquets to night market visits

Nvidia CEO Jensen Huang wrapped up a fast-paced 55-hour visit to Taiwan, which included engagements with top industry leaders and…

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