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AI, China and DeepSeek

China's DeepSeek sets off AI market rout

Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors' faith in the profitability of AI and the sector's voracious demand for high-tech chips.

Forbes · 6h

China’s DeepSeek Makes Robust, Popular AI Product Despite U.S. Curbs

The Economic Times on MSN · 5h

'DeepSeek a wake-up call for US': China's AI startup sets Silicon Valley atwitter

DeepSeek’s ability to dramatically reduce inference costs ruffled feathers in the industry. Perplexity AI CEO Aravind Srinivas commented on its V3 model: "DeepSeek has effectively replicated O1-mini and made it open-source.

CIA Believes COVID Likely Originated From a Lab

UPI · 20h

CIA has 'low confidence' COVID-19 leaked from lab in China

The Central Intelligence Agency with a "low confidence" has changed its stance and concluded that it's likely the COVI-19 virus was leaked from a Chinese lab before it became a global pandemic five years ago.

U.S. News & World Report · 1d

CIA Believes COVID Likely Originated From a Lab, but Agency Has Low Confidence in Its Own Finding

The CIA now believes the virus responsible for the COVID-19 pandemic likely originated from a laboratory, according to an assessment released Saturday that points the finger at China even while acknowledging that the spy agency has “low confidence” in its own conclusion.

CBS News on MSN · 12m

China says it's "extremely unlikely" COVID pandemic came from lab leak, as CIA now indicates

China says it's "extremely unlikely" that COVID-19 came from a lab, after the CIA said it believed, though with low confidence, that it did, rather than from natural transmission.

Tech stocks crash, NVIDIA tumbles on China AI threat

Reuters · 3h

Nasdaq futures tumble as China's AI push rattles Big Tech

Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia the worst hit.

TheStreet on MSN · 1h

Stock Market Today: Tech stocks crash, Nvidia tumbles on China AI threat

The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.

Hindustan Times on MSN · 1h

Nvidia shares fall after China's DeepSeek AI release triggers tech stock selloff

DeepSeek, founded by quant fund chief Liang Wenfeng released its latest AI model just last week and is now seen as a competitor to OpenAI and Meta Platforms Inc

China, manufacturing activity

Houston Chronicle · 5h

China's factory activity contracts in January for the first time in 4 months

China's most important festival, this year public holidays will begin Tuesday and continue until Feb. 4. Millions of Chinese leave the cities to travel back home for a rare break

Reuters on MSN · 9h

China Jan manufacturing activity unexpectedly contracts, hits five-month low

China's manufacturing activity unexpectedly contracted in January, an official factory survey showed on Monday, its weakest since August, keeping alive calls for stimulus in the world's second-largest economy.

Barron's · 10h

China Manufacturing Activity Contracts For First Time In Four Months

China's manufacturing activity shrank in January for the first time in four months, official data showed Monday, as Beijing struggles to sustain the recovery of the world's second-largest economy.

China Vanke's CEO, chairman resign

Reuters on MSN · 1h

China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns

Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the company's liquidity deepen.

Bloomberg on MSN · 3h

China Vanke’s Chairman and CEO to Resign From Roles

Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange on Monday. He will remain as a director of the com

Barron's · 1h

Chinese Property Giant Vanke Warns Of Huge Loss, CEO Resigns

Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons".

40mon MSN

DBS raises stake in China's Shenzhen Rural Commercial Bank to over 19%

Singapore's DBS Group said on Monday it acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB) for 1.60 ...

In China, Government Data on Drugs Blocked From Public After Backlash

Criticism over how the Chinese government buys drugs for its public health care system has ignited frustration over the ...

11hon MSN

China is more in love with its pandas than ever. That’s complicated matters for Beijing

China’s successful rebranding of the giant panda has created an unexpected challenge for Beijing, as it aims to balance its ...

China hands death sentence to man who killed Japanese boy

A Chinese man has been sentenced to death for fatally stabbing a 10-year-old Japanese schoolboy, in a case that sparked ...

China’s Large and Mysterious Dam Project Is Alarming Neighbors and Experts

The hydropower dam, in quake-prone Tibet, is set to be the world’s biggest. But China has said little about the project, ...

Nvidia tumbles and tech stocks slide premarket as China's DeepSeek spooks AI investors

DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT ...

China detains suspect in human trafficking cases linked to online scam networks in Myanmar

Chinese authorities have detained a key suspect in human trafficking cases linked to online scam networks in Myanmar ...

5hon MSN

Silicon Valley Is Raving About a Made-in-China AI Model

DeepSeek is called “amazing and impressive” despite working with less-advanced chips.

1hon MSN

China 'teapot' refiners halt plants as new fuel tax bites, sources say

Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance ...

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AI, China and DeepSeek

CIA Believes COVID Likely Originated From a Lab

Tech stocks crash, NVIDIA tumbles on China AI threat

China, manufacturing activity

China Vanke's CEO, chairman resign

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