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China

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.

Tech Surge

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.

Will China’s AI challenge impact US dominance?

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

EU unveils plan to boost competitiveness

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.

Interconnected grid for energy security

If there is a variance, the power system’s frequency is affected, resulting in grid failure. On February 14 and 15, 2021, a series of events forced ERCOT to curtail power. The demand for electricity due to the very large-scale weather events (VLSWEs) had risen to 68 gigawatts. Households began using energy-inefficient heating systems installed in most Texas homes to fend off the extreme cold.