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.
Last Wednesday's protest is believed to be the second-largest eruption ever since the 2008 uprising where hundreds of Tibetan marched on the streets against the Chinese government.
Of the world's 114 smartest factories that deploy cutting-edge Fourth Industrial Revolution (4IR) technologies, China owns a whopping 42, the US only seven.
Workers in Zhengzhou city were seen fleeing from the Foxconn factory on foot and walking in fields and on highways as public transport was suspended as part of Covid-19 controls, reports The South China Morning Post.
Chinese President Xi Jinping has urged the army to focus on its military might and achieve goals by 2027, the year marking the centenary of the People's Liberation Army (PLA).
Paul Pelosi, the husband of US House Speaker Nancy Pelosi who a male assailant attacked on Friday morning, has undergone surgery for a skull fracture and other severe injuries to his right arm and hands.
