Tag: Artificial intelligence

Posts with tag: Artificial intelligence

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US AI Experts React to DeepSeek's Rise

Leading U.S. AI firms praise DeepSeek's AI models while analyzing their capabilities. DeepSeek's models use Nvidia's lower-cost H800 chips, sparking discussions about competition and the viability of open source AI.

China Ramps Up Index Investment Push Amid Equity Market Woes

China plans to bolster its stock market by encouraging index investment and attracting foreign funds through ETFs. The government aims to increase the scale and proportion of index investment in the capital market.

Diageo Reviews Portfolio, Including Possible Guinness Spinoff or Sale

Diageo plc is reviewing its portfolio, including Guinness beer and a Champagne and Cognac partnership with LVMH, as CEO Debra Crew seeks to revive growth at the UK drinks company.

Japan Factory Activity Slumps, Service Sector Strengthens

Japan's factory activity dipped in January, with manufacturing PMI at 48.8 due to sluggish demand. However, the service sector strengthened, supported by new businesses, resulting in a composite PMI of 51.1.

US Stocks Mixed As Investors Await Trump Speech At Davos

US stocks fluctuated, with the S&P 500 trading near record highs. Investors watched for comments from President Trump at Davos on trade policy and interest rates. The Dow Jones Industrial Average was up, while the Nasdaq Composite declined. Tech stocks struggled, with Nvidia shares falling after its supplier expressed uncertainty about chip demand.

Chile's lithium output projected to rise in 2024, 2025: Cochilco

Chile's lithium production to rise in 2024, global market surplus to persist

Salesforce CEO Marc Benioff Fires Shots at Microsoft's AI Tools and Praises His Own

Salesforce CEO Marc Benioff says Microsoft's Copilot is a "repackaged ChatGPT" and that the notion of business applications will collapse in the agent era.

China's 2024 Crude Imports: Russia Rises, Saudi Arabia Drops

China's crude oil imports in 2024: Imports from Russia rose 1% while those from Saudi Arabia dropped 9%.

Global Markets Rise Ahead of Trump Inauguration, Bitcoin Hits Record

European and U.S. stocks rise, dollar weakens ahead of Trump inauguration; Bitcoin surges to a record.

Trump's Deportation Plans Could Hurt Housing Market, Real Estate Expert Warns

Trump's Deportation Plans Could Hurt Housing Market, Real Estate Expert Warns