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.
Protests triggered by a deadly apartment fire in the far west of the country last week took place on Sunday.
The BBC pointed out it is very worrying that one of their accredited journalists was attacked in this way whilst carrying out his official duties.
With the new Bureau of Indian Standards (BIS) guidelines coming into force to guard customers against fake online reviews of products, tech giants like Meta and Google, along with homegrown platforms like Zomato and Flipkart, will now face closer scrutiny of product reviews on their respective platforms.
Vice-President Kamala Harris’ visit to the Philippines may well have restored some equilibrium to the relationship between the two countries, after the stormy Duterte years which saw the former Filipino president apparently tilt towards China after announcing his “independence” from the United States.
The efficacy of President Xi Jinping’s zero-Covid strategy has once again come into sharp focus, with the country recording its first deaths from novel coronavirus since May, while also recording increased numbers of cases.
