Beijing
Nasdaq touches over one-month low after weak consumer sentiment data
The tech-heavy Nasdaq led Wall Street declines, hitting a six-week low after fresh economic data indicated a deterioration in consumer sentiment.
AI
Nvidia’s earnings to be a test of AI chip demand as DeepSeek sows spending doubts
Demand for Nvidia’s pricey artificial intelligence chips will be in focus when the company reports results on Wednesday.
AI
OpenAI’s weekly active users surpass 400 million
OpenAI’s weekly active users surged past 400 million in February, highlighting rapid growth in the adoption of artificial intelligence tools.
AI
Musk’s xAI unveils Grok-3 AI chatbot to rival ChatGPT, China’s DeepSeek
Elon Musk’s AI startup xAI has introduced Grok-3, the latest iteration of its chatbot, as it looks to compete with DeepSeek, OpenAI, and Google.
AI app
New downloads of DeepSeek suspended in South Korea, data protection agency says
New downloads of the Chinese AI app DeepSeek had been suspended in the country after DeepSeek acknowledged failing to take into account some of the agency’s rules on protecting personal data.
$500 billion Stargate program
VP Vance Meets With World Leaders In France And Germany For International Debut
Vice President JD Vance joined multiple world leaders in France on Tuesday, warning that “excessive regulation” would ruin the artificial intelligence (AI) industry.
AI
Australia bans DeepSeek on government devices citing security concerns
Australia has banned DeepSeek from all government devices over concerns that the Chinese artificial intelligence startup poses security risks.
AI
Microsoft, Meta back big AI spending despite DeepSeek’s low costs
Days after DeepSeek’s breakthrough low-cost AI computing shook the technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field.
AI
AI stock shock could spark broader gains in US market
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
AI
Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Short sellers of AI-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China’s DeepSeek spooked Wall Street.