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Tech Weekly: DeepSeek Shatters Silicon Valley's Assumptions

It started with a jolt. Earliest this week, the release of DeepSeek’s latest AI model triggered a $1 trillion selloff in tech stocks, as investors confronted an uncomfortable truth: Silicon Valley’s dominance in artificial intelligence is not unshakable. This wasn’t a reaction to war, recession, or regulatory
Tech Weekly: DeepSeek Shatters Silicon Valley's Assumptions

Apple's AI Strategy: Gradual Integration, Big Potential, Says Analyst

Apple's AI efforts are progressing slowly but steadily, with the potential to drive significant growth in the next year or two, according to Gil Luria, D.A. Davidson technology research head. In an interview with Bloomberg yesterday, Luria argued that while Apple's current AI features, like
Apple's AI Strategy: Gradual Integration, Big Potential, Says Analyst

US Probes if Chinese AI Firm DeepSeek Bypassed Chip Restrictions via Singapore

US officials are investigating whether DeepSeek, a Chinese artificial intelligence startup, acquired advanced Nvidia semiconductors through third parties in Singapore, potentially violating US restrictions on AI chip sales to China, Bloomberg reports. The investigation stems from the recent release of DeepSeek's "R1" chatbot, which exhibits performance

Taiwan Bans Government Use of DeepSeek AI Due to Security Concerns

Taiwan's Ministry of Digital Affairs has banned government departments from using DeepSeek's artificial intelligence (AI) service, citing security risks associated with the Chinese origin of the product, Reuters reports. The move, announced Friday, highlights Taiwan's ongoing concerns about Chinese technology firms amid Beijing'

TikTok to Invest $3.7 Billion in Thailand Data Center

TikTok is set to invest $3.7 billion in a new data center project in Thailand. The project will host data for affiliate companies, according to the country's Board of Investment (BOI). The investment comes as the video-sharing platform seeks to expand its global presence and capitalize on

Apple's Record Revenue Tarnished by China iPhone Slump

Apple reported record revenues for the October-December period, reaching $124.3 billion, according to Nikkei Asia. However, iPhone sales experienced a 0.8% dip, with China emerging as the sole region experiencing revenue decline. The company's overall revenue growth was driven by strong performance in all other regions,

SoftBank in Talks for Major OpenAI Investment

SoftBank Group Corp. is reportedly in discussions to invest between $15 billion and $25 billion in OpenAI, a move that would potentially establish the Japanese investment company as the AI startup's largest backer, Bloomberg reports. The news follows a previous investment of $15 billion from SoftBank for Project
SoftBank in Talks for Major OpenAI Investment

Microsoft and Meta Defend Massive AI Spending After DeepSeek's Breakthrough

Microsoft and Meta CEOs have defended their massive investments in artificial intelligence despite the recent emergence of a Chinese AI competitor, DeepSeek, which has made significant progress in the field at a fraction of the cost. This comes after DeepSeek's breakthrough in affordable AI computing technology sent shockwaves

Microsoft Shares Tumble as Azure Growth Slows Despite AI Boom

Microsoft's stock price took a hit after the company reported slower-than-expected growth in its Azure cloud-computing business, despite strong demand for its AI products, as reported by Bloomberg. Azure is projected to grow by as much as 32% in the current quarter, a marginal increase from the last

Microsoft Loses Exclusive Cloud Deal with OpenAI

Microsoft's exclusive grip on OpenAI's cloud computing needs is loosening, CNBC reports. While Microsoft remains OpenAI's largest investor and a key cloud provider, the AI startup will now be able to utilize other cloud providers as its computational demands grow. This shift was announced