Tag: lifestyle

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Tech Leaders React to DeepSeek, the Chinese AI Startup That Shook Silicon Valley

DeepSeek, a Chinese startup, has emerged as a formidable force in AI, with a cost-efficient model that rivals tech giants like OpenAI, Google, and Meta. Despite using less advanced hardware, DeepSeek's model has outperformed ChatGPT in downloads, sparking reactions from industry leaders such as Satya Nadella, Marc Andreessen, Pat Gelsinger, and Mark Zuckerberg.

Metaplanet Plans $745 Million Fundraise for Bitcoin Investments

Japanese company Metaplanet plans to raise $745 million to purchase 21,000 BTC by 2026, making it the largest equity funding in Asia for Bitcoin acquisition.

Illinois Governor J.B. Pritzker: Defending His State Amid Trump's Deportation Crackdown

Illinois Governor JB Pritzker vows to protect state residents from the Trump administration's agenda, including raids by Immigration and Customs Enforcement (ICE). Pritzker, a potential presidential contender, is balancing opposition to Trump with the need to address financial challenges in Illinois. He aims to protect women's and worker's rights while ensuring a safe environment for LGBTQ and immigrant communities.

JetBlue beats Wall Street forecasts in fourth quarter

JetBlue Airways Corp. (JBLU) reports a Q4 loss of $44 million, beating Wall Street expectations. Revenue of $2.28 billion also topped forecasts. For the year, the company reported a loss of $795 million, or $2.30 per share, with revenue of $9.28 billion.

Boeing posts $3.8 billion loss as strike, other issues take a toll

Boeing reports a $3.8 billion quarterly loss amid production issues and a strike.

Crypto Volatility Soars Amid China AI Rivalry

DeepSeek's success sparks concerns over crypto's future as global markets face upheaval. Read the full story on Bloomberg.

Tesla Sees Boost From Renewed AI Focus as ChatGPT Rival Emerges

Tesla could benefit from increased demand for AI, particularly in the field of embodied AI, as advancements in the industry heighten concerns over US tech competition.

OpenAI CEO Sam Altman Weighs in on Chinese Startup AI Model

Chinese startup DeepSeek's R1 AI model impresses OpenAI CEO Sam Altman, but he emphasizes the importance of greater computing power for OpenAI's success.

US Tariffs Threaten Oil Markets After Monday's Selloff

Oil steadies after US tariff threat, Brent near $77

Seacoast Banking Corp. Posts Q4 Net Income of $34.1 Million

Seacoast Banking Corp. (SBCF) reported fourth-quarter net income of $34.1 million and earnings of 40 cents per share, beating analyst estimates. Adjusted earnings were 48 cents per share, and revenue was $203 million. For the year, the company reported profit of $121 million, or $1.42 per share, on revenue of $515.4 million.