Year of snakes, ladders
As China celebrates the Lunar Year of the Snake, the first angpow (red packet gift) was the DeepSeek AI software that shook Wall Street to the tune of nearly $1 trillion in market capitalization.
As China celebrates the Lunar Year of the Snake, the first angpow (red packet gift) was the DeepSeek AI software that shook Wall Street to the tune of nearly $1 trillion in market capitalization.
For decades, the prevailing assumption in technology circles has been that the West, led by the United States, enjoys an unassailable dominance in advanced research and innovation.
The global artificial intelligence (AI) landscape has witnessed a new shift with the emergence of China’s DeepSeek, a powerful AI model developed to counterbalance American AI giants like OpenAI, Google, and Meta. The release of DeepSeek sent shockwaves through the stock market, causing NVIDIA, one of the biggest players in AI hardware, to lose nearly $500 billion in market capitalization overnight
The European Commission presented the Competitiveness Compass, a strategic blueprint aimed at restoring the European Union (EU)'s economic edge and driving technological leadership as it seeks to close the gap with the US and China.
Chinese Foreign Minister Wang Yi on Monday told Foreign Secretary Vikram Misri that India and China should seize the opportunity to meet each other halfway, explore more substantive measures, and commit themselves to mutual understanding, mutual support and mutual achievement, rather than mutual suspicion, alienation and mutual depletion.
Epidemiologists predict at least three waves of the virus to hit the country during the following months and cause over a million fatalities.
Sources said there are currently 10 different variants of Covid-19 in the country, with the latest being BF.7.
Twelve members of the U.N. Security Council voted in favour of the resolution, while China, Russia and India abstained.
"India's situation is much better as compared to that of China because our vaccination strategy has been very successful," said former All India Institute of Medical Sciences (AIIMS)-Delhi director Dr. Randeep Guleria.
There were huge protests in China in late November and early December this year. The Chinese Cyberspace Administration has issued regulations for the mobile and app makers to stop updating or improving apps
