Chinese tech champion Huawei has emerged as Nvidia’s primary competitor in China for inference chips. The Financial Times has previously reported that it has been working with AI companies, including DeepSeek, to adapt models trained on Nvidia GPUs to run inference on its Ascend chips. “Huawei is getting better. They have an opening as the … Read more
Wall Street had a rough start to the week on concern that a cheaper artificial intelligence-model from China could threaten the dominance of US technology, spurring a sell-off in stocks and a flight to haven assets. From New York to London and Tokyo, equities got hammered, with the S&P 500 dropping 1.9 per cent and … Read more
A new super-powered, open-source AI model called DeepSeek R1 is rattling the industry this week, after it was unexpectedly dropped into the laps of artificial intelligence experts — and the world — with seemingly valid challenges to OpenAI’s expensive AI model. Released by Chinese AI startup DeepSeek, the DeepSeek R1 advanced reasoning model purports to … Read more
