Tag #Ai

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arabic.cnn.com

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Jan 28, 01:08

DeepSeek's Low-Cost AI Model Triggers Sharp Decline in US Tech Stocks

US tech stocks plummeted Monday after Chinese AI startup DeepSeek unveiled a ChatGPT-like model, R1, built for $5.6 million, challenging the US's AI dominance and raising concerns about overspending by American tech giants.

DeepSeek's Low-Cost AI Model Triggers Sharp Decline in US Tech Stocks

US tech stocks plummeted Monday after Chinese AI startup DeepSeek unveiled a ChatGPT-like model, R1, built for $5.6 million, challenging the US's AI dominance and raising concerns about overspending by American tech giants.

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How did DeepSeek achieve its cost advantage, and what are the geopolitical implications of its success?

DeepSeek's achievement challenges the US's dominance in AI, particularly considering US efforts to restrict high-powered chip supplies to China. The low cost was achieved using less powerful chips, raising questions about the sustainability of the US AI model's high cost structure and future profitability.

elmundo.es

🌐 85% Global Worthiness

Jan 28, 04:09

Repsol Cuts Refinery Costs to Battle US Competition and Fuel Transition

Repsol is aggressively cutting costs at its five Spanish refineries using AI and operational improvements to compete with cheaper US energy and the rise of renewable fuels, investing in employee training while aiming for greater self-sufficiency and long-term energy contracts.

Repsol Cuts Refinery Costs to Battle US Competition and Fuel Transition

Repsol is aggressively cutting costs at its five Spanish refineries using AI and operational improvements to compete with cheaper US energy and the rise of renewable fuels, investing in employee training while aiming for greater self-sufficiency and long-term energy contracts.

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Affordable and Clean Energy

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What measures is Repsol implementing to reduce costs and maintain competitiveness in its Spanish refineries?

Repsol, Spain's largest oil company, is prioritizing cost reduction in its five Spanish refineries to remain competitive in the renewable fuels market. This involves using AI, optimizing operations, and enhancing employee training for low-emission products. The company aims to improve efficiency in crude unloading, blending, and energy consumption.

smh.com.au

🌐 85% Global Worthiness

Jan 28, 04:09

DeepSeek's Low-Cost AI Model Triggers \$108 Billion Loss Among World's Richest

On Monday, the world's 500 richest people lost \$108 billion due to a tech selloff triggered by DeepSeek, a Chinese AI developer whose low-cost chatbot challenged Silicon Valley's high-capital model, highlighting the impact of geopolitical factors and alternative development strategies.

DeepSeek's Low-Cost AI Model Triggers \$108 Billion Loss Among World's Richest

On Monday, the world's 500 richest people lost \$108 billion due to a tech selloff triggered by DeepSeek, a Chinese AI developer whose low-cost chatbot challenged Silicon Valley's high-capital model, highlighting the impact of geopolitical factors and alternative development strategies.

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How did DeepSeek's cost-effective AI model challenge the prevailing approach of Silicon Valley tech giants?

DeepSeek's unexpectedly successful, low-cost AI chatbot challenged the prevailing Silicon Valley model of massive capital expenditure for AI development. This success, coupled with concerns about DeepSeek's access to advanced GPUs despite US export controls, led to investor uncertainty and market corrections. The event highlighted the potential for alternative AI development strategies and the impact of geopolitical factors on the tech industry.

cnbc.com

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Jan 28, 04:09

DeepSeek's Low-Cost AI Model Triggers Nvidia Stock Plunge

DeepSeek's release of a low-cost, open-source large language model on Monday triggered a 17% drop in Nvidia's stock price and a broader tech sell-off, fueled by concerns over increased competition in the AI market and a potential shift in the US-China AI race.

DeepSeek's Low-Cost AI Model Triggers Nvidia Stock Plunge

DeepSeek's release of a low-cost, open-source large language model on Monday triggered a 17% drop in Nvidia's stock price and a broader tech sell-off, fueled by concerns over increased competition in the AI market and a potential shift in the US-China AI race.

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What is the immediate impact of DeepSeek's low-cost AI model release on the AI chip market and investor sentiment?

DeepSeek, a Chinese AI startup, released a low-cost large language model, causing a 17% drop in Nvidia's shares and a broader tech sell-off on Monday. This fueled concerns about cheaper AI model development using less powerful chips, impacting Nvidia's dominance in the AI chip market.

smh.com.au

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Jan 28, 07:10

DeepSeek's AI Disruption Shakes US Tech, Offers Respite to Australian Market

On Tuesday, the unexpected launch of a low-cost Chinese AI model by DeepSeek triggered a sharp decline in US tech stocks, temporarily benefiting the Australian market while raising concerns about the future of US AI dominance and prompting scrutiny from key figures like Elon Musk and President Trump...

DeepSeek's AI Disruption Shakes US Tech, Offers Respite to Australian Market

On Tuesday, the unexpected launch of a low-cost Chinese AI model by DeepSeek triggered a sharp decline in US tech stocks, temporarily benefiting the Australian market while raising concerns about the future of US AI dominance and prompting scrutiny from key figures like Elon Musk and President Trump...

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What is the immediate impact of the Chinese AI company DeepSeek's market entry on the US and Australian stock markets?

The emergence of DeepSeek, a Chinese AI company offering a low-cost AI model, caused a significant downturn in US tech stocks on Tuesday, impacting major indices like the Nasdaq and S&P 500. This event provided a temporary reprieve for the Australian share market, which has lagged behind Wall Street for over five years. However, some Australian tech companies, particularly those involved in data centers, experienced losses.

cnbc.com

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Jan 28, 10:06

TravelPerk's $200M Funding Round Doubles Valuation to $2.7B

TravelPerk, a Barcelona-based corporate travel platform, raised $200 million in funding at a $2.7 billion valuation, acquiring Yokoy to expand into financial services and aiming to capture a large portion of the unmanaged $200 billion US and European corporate travel market.

TravelPerk's $200M Funding Round Doubles Valuation to $2.7B

TravelPerk, a Barcelona-based corporate travel platform, raised $200 million in funding at a $2.7 billion valuation, acquiring Yokoy to expand into financial services and aiming to capture a large portion of the unmanaged $200 billion US and European corporate travel market.

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Decent Work and Economic Growth

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How did TravelPerk's acquisition of Yokoy contribute to its overall strategy and market position?

The investment signifies the resurgence of corporate travel post-pandemic. TravelPerk's revenue has quintupled since 2021, driven by a $1.5 trillion global corporate travel market, a 6% increase from pre-pandemic levels. This growth attracted investors seeking to capitalize on the unmanaged portion of the $200 billion US and European corporate travel market.

repubblica.it

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Jan 28, 01:08

Brazil Halts Crypto-Incentivized Iris Scan Program by OpenAI-Linked Firm

Brazil's ANPD halted Tools for Humanity's iris-scanning program, which offers cryptocurrency for biometric data, due to concerns about compromised free will; the company, co-founded by OpenAI's Sam Altman, aims to create a secure global identity verification system.

Brazil Halts Crypto-Incentivized Iris Scan Program by OpenAI-Linked Firm

Brazil's ANPD halted Tools for Humanity's iris-scanning program, which offers cryptocurrency for biometric data, due to concerns about compromised free will; the company, co-founded by OpenAI's Sam Altman, aims to create a secure global identity verification system.

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What are the immediate consequences of the ANPD's preventative measure against Tools for Humanity's operations in Brazil?

Tools for Humanity, co-founded by OpenAI CEO Sam Altman, offers a global identity verification system using iris scans in exchange for cryptocurrency payments. The Brazilian data protection authority (ANPD) issued a preventative measure, halting this practice due to concerns about compromising individuals' free will regarding biometric data collection.

elmundo.es

🌐 85% Global Worthiness

Jan 28, 04:09

DeepSeek: China's Censored AI Model Disrupts Global Market

DeepSeek, a Chinese AI model trained for under $6 million, outperforms competitors in efficiency but strictly adheres to Chinese censorship, refusing to answer questions about President Xi Jinping or human rights abuses, acting as a de facto propaganda tool.

DeepSeek: China's Censored AI Model Disrupts Global Market

DeepSeek, a Chinese AI model trained for under $6 million, outperforms competitors in efficiency but strictly adheres to Chinese censorship, refusing to answer questions about President Xi Jinping or human rights abuses, acting as a de facto propaganda tool.

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Peace, Justice, and Strong Institutions

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What are the immediate economic and technological impacts of DeepSeek's release on the global AI market?

DeepSeek, a Chinese AI model, has disrupted the AI industry, causing multi-billion dollar losses in Silicon Valley and related sectors. Trained for under $6 million, it's 100 times more efficient than OpenAI's latest model, offering comparable results except for its adherence to Chinese censorship, particularly regarding President Xi Jinping.

smh.com.au

🌐 85% Global Worthiness

Jan 28, 04:09

Australian Market Up Despite US Tech Stock Plunge on Chinese AI Unveiling

The Australian share market saw a slight rise of 0.1 percent on Tuesday to 8,413.9 points despite a significant overnight fall in US tech stocks due to a new Chinese AI model, DeepSeek, that could compete with US giants at a potentially lower cost, causing losses across various sectors including ene...

Australian Market Up Despite US Tech Stock Plunge on Chinese AI Unveiling

The Australian share market saw a slight rise of 0.1 percent on Tuesday to 8,413.9 points despite a significant overnight fall in US tech stocks due to a new Chinese AI model, DeepSeek, that could compete with US giants at a potentially lower cost, causing losses across various sectors including ene...

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What was the immediate impact on the Australian share market following the overnight drop in US tech stocks due to the unveiling of a powerful Chinese AI language model?

The Australian share market experienced a slight increase of 0.1 percent on Tuesday, reaching 8,413.9 points, despite a significant drop in US tech stocks overnight. This fluctuation was primarily due to concerns surrounding a new Chinese AI model that could compete with US giants at a lower cost. The energy and tech sectors in Australia were negatively impacted, with real estate investment trusts experiencing the most substantial losses.

theglobeandmail.com

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Jan 28, 07:10

DeepSeek's AI Breakthrough Boosts Nvidia's China Prospects

Nvidia announced Monday that DeepSeek, a Chinese AI firm, matched rivals using far fewer Nvidia H800 chips than U.S. firms, showcasing the chips' efficiency and increasing future demand despite initial investor concerns that caused a 17% share drop.

DeepSeek's AI Breakthrough Boosts Nvidia's China Prospects

Nvidia announced Monday that DeepSeek, a Chinese AI firm, matched rivals using far fewer Nvidia H800 chips than U.S. firms, showcasing the chips' efficiency and increasing future demand despite initial investor concerns that caused a 17% share drop.

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Industry, Innovation, and Infrastructure

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What is the immediate impact of DeepSeek's achievement on Nvidia's market position and future prospects in China?

Nvidia's statement on Monday highlights DeepSeek, a Chinese AI firm, achieving rivaling AI capabilities using significantly fewer Nvidia H800 chips than US firms. This showcases the efficiency of Nvidia's chips and suggests a substantial increase in future demand for its products in the Chinese market. Nvidia shares initially dropped 17% due to investor concerns, but the statement helped alleviate some of those fears.

abcnews.go.com

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Jan 28, 07:10

Chinese AI Competitor Triggers Global Tech Stock Plunge

On Tuesday, Asian markets reacted to Monday's Wall Street downturn, where AI-related stocks plummeted following the launch of a cost-effective Chinese AI model, DeepSeek, causing Nvidia to fall 16.9%, Nasdaq 3.1%, and impacting the S&P 500.

Chinese AI Competitor Triggers Global Tech Stock Plunge

On Tuesday, Asian markets reacted to Monday's Wall Street downturn, where AI-related stocks plummeted following the launch of a cost-effective Chinese AI model, DeepSeek, causing Nvidia to fall 16.9%, Nasdaq 3.1%, and impacting the S&P 500.

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How did the launch of a competitive AI model from China impact global stock markets and the valuations of major tech companies?

DeepSeek, a Chinese AI company, unveiled a large language model rivaling US giants but at a potentially lower cost, causing a 16.9% drop in Nvidia's stock and a 3.1% fall in the Nasdaq on Monday. This impacted global markets, with the Nikkei 225 losing 0.9% and other Asian markets showing mixed results.

bbc.com

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Jan 28, 13:10

Chinese AI Chatbot DeepSeek Disrupts US Market

The Chinese AI chatbot DeepSeek, launched last week, is disrupting US markets due to its competitive edge and cost-effective design using older Nvidia chips and open-source architecture from Meta and Alibaba; however, it censors information prohibited in China, unlike its US counterparts.

Chinese AI Chatbot DeepSeek Disrupts US Market

The Chinese AI chatbot DeepSeek, launched last week, is disrupting US markets due to its competitive edge and cost-effective design using older Nvidia chips and open-source architecture from Meta and Alibaba; however, it censors information prohibited in China, unlike its US counterparts.

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What is the immediate impact of DeepSeek's launch on the US AI market and its implications for global AI leadership?

The Chinese AI chatbot DeepSeek, launched last week, has disrupted US markets due to its competitiveness with American tech giants' products, raising concerns about US AI dominance. DeepSeek functions similarly to ChatGPT and Gemini, answering user queries but avoiding opinion expression, even when prompted. Its responses are lengthy and often preface answers by stating the topic's subjectivity.

Showing 3,049 to 3,060 of 3,914 results