Tag #Economic Competition

apnews.com
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DeepSeek's Cost-Effective AI Model Disrupts US-China Tech Competition

DeepSeek, a Chinese AI startup, released its AI model R1, which rivals American models in performance at a fraction of the cost, causing a 17% drop in Nvidia's stock and sparking debate about US-China AI competition and the cost of AI development.

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52% Bias Score

Reduced Inequality
elpais.com
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US Leads AI Race as Europe and China Lag

The AI race is intensifying, with the US leading due to superior computational power, a robust capital market, and export restrictions on China; Europe lags due to fragmented capital markets and high energy costs, while China faces restrictions on microchip imports.

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44% Bias Score

Industry, Innovation, and Infrastructure
taz.de
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TikTok Shuts Down US Operations Ahead of Trump Inauguration

ByteDance shut down TikTok in the US on Sunday, ahead of President Trump's inauguration, despite previous concerns about national security and China's influence on the platform's algorithm, which delivers polarizing content.

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40% Bias Score

Peace, Justice, and Strong Institutions
china.org.cn
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U.S. Labels Chinese Tech Firms as Military, Sparking Concerns

The U.S. government labeled several Chinese tech companies as military entities, prompting denials and accusations of unfair targeting, impacting companies like Tencent and CATL, as part of a broader effort to curb China's tech advancement, sparking concerns about economic repercussions and potentia...

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german.china.org.cn
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Chinese EVs Thrive in Europe Despite High Tariffs

Despite 35.3% EU tariffs, Chinese EV maker Xpeng delivered its 10,000th vehicle in Europe in November 2024, while Chinese EV sales nearly matched Tesla's, indicating strong market penetration and competitiveness.

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48% Bias Score

Decent Work and Economic Growth
foxnews.com
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Biden's Angola Visit: A Race Against China for African Influence

President Biden's visit to Angola seeks to establish a stronger U.S. presence in Africa, focusing on the Lobito Rail Corridor to access critical minerals and compete with China's established influence; however, China's head start in the market, control over supply chains, and existing investments pr...

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56% Bias Score

dw.com
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DeepSeek's AI Success Shakes Global Tech Markets

US President Donald Trump reacted to Chinese AI startup DeepSeek's surpassing of US AI models, noting its lower cost and impacting the stock market with Nvidia losing close to $600 billion in market cap, the largest single-day drop in US history.

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40% Bias Score

Industry, Innovation, and Infrastructure
faz.net
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Trump's $500 Billion AI Initiative: A Race for Global Technological Supremacy

President Trump launched a $500 billion AI initiative, 'Stargate', aiming to reduce regulations, increase government contracts, and provide cheap electricity to data centers, prompting concerns about ethical implications and a race for AI dominance.

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56% Bias Score

Reduced Inequality
lexpress.fr
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China's Export Surge Threatens Global Competitors

China's export surge in 2024, fueled by manufacturing overcapacity, creates a record trade surplus, threatening global competitors, particularly in Europe, while prompting China to seek new markets in the global South, potentially leading to increased investment in those regions.

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56% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
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DeepSeek's V3 LLM: A Cost-Effective AI Challenger

DeepSeek's new open-source LLM, V3, rivals GPT-4o in performance using only 2,048 GPUs for two months at $6 million, showcasing China's focus on cost-effective AI, while other AI startups are revolutionizing creative industries like film and literature, but prompting regulatory oversight of AI-gener...

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Industry, Innovation, and Infrastructure
dailymail.co.uk
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Nissan Faces Collapse Amid Chinese EV Onslaught

Facing intense competition from Chinese electric vehicle (EV) manufacturers, Japanese carmaker Nissan could collapse within 12 months, according to insiders, due to heavy losses and struggles to compete with cheaper EV alternatives.

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56% Bias Score