A little-known AI lab out of China has ignited panic throughout Silicon Valley after releasing AI models that can outperform America’s best despite being built more cheaply and with less-powerful chips. DeepSeek, as the lab is called, unveiled a free, open-source large-language model in late December that it says took only two months and less than $6
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U.S. President Donald Trump holds a signed executive order on cryptocurrencies in the Oval Office of the White House in Washington on Jan. 23, 2025. Kevin Lamarque | Reuters President Donald Trump signed an executive order on Thursday to promote the advancement of cryptocurrencies in the U.S. and to work toward potentially developing a national
Omar Marques | Lightrocket | Getty Images LONDON — Britain’s competition regulator on Thursday launched an investigation into Apple and Google’s huge mobile ecosystems to determine whether the tech titans are in breach of the U.K.’s strict new digital competition rules. The U.K. Competition and Markets Authority said it was opening dual probes into both
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix, one of the largest memory chipmakers in the world, posted record
Abnormal Security, a startup selling email security software to companies, said on Wednesday that it’s hired former ServiceNow finance executive Lisa Banks as chief financial officer as the company gears up to prepare for an IPO. Abnormal is going after a longstanding market, which includes incumbents Mimecast and Proofpoint, adding a layer of artificial intelligence
US President Donald Trump, from left, Larry Ellison, co-founder and executive chairman of Oracle Corp., Junichi Miyakawa, chief executive officer of SoftBank Corp., and Sam Altman, chief executive officer of OpenAI Inc., in the Roosevelt Room of the White House in Washington, DC, US, on Tuesday, Jan. 21, 2025. Trump announced a joint venture to
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Bitcoin and other cryptocurrencies retreated from their Monday highs, as bullish investor
Snoop Dogg was the lead act at the first-ever Crypto Inaugural Ball held in Washington on Friday evening. MacKenzie Sigalos As the crypto industry celebrates the arrival of a new administration in Washington, D.C., nobody is taking quicker advantage of the coming changes than the person leading the charge: President Donald J. Trump. On Friday
Jakub Porzycki | Nurphoto | Getty Images Bitcoin hit a new all-time high overnight after the incoming first couple launched a pair of meme coins and as traders await the inauguration of incoming President Donald Trump. On Monday the flagship cryptocurrency was last higher by nearly 1% at $106,622.54, according to Coin Metrics. Earlier, it
TSMC Arizona’s first chip fab on November 7, 2024 Katie Tarasov U.S. President-elect Donald Trump has accused Taiwan of “stealing” his country’s chip industry. But Taiwan’s biggest chip company is confident the Trump administration will continue funding its projects in the U.S. Taiwan Semiconductor Manufacturing Co has been promised $6.6 billion under the Joe Biden
Apple and Google removed TikTok from their app stores Saturday night, complying with a law requiring China’s ByteDance to divest the social app or see it face an effective ban in the U.S. The Apple App Store and the Google Play store’s removal of TikTok means people in the U.S. can no longer download the
President-elect Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, on July 27, 2024. Kevin Wurm | Reuters Solana’s SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network. The price of SOL rose 12% to $247.76 on Saturday, according to Coin Metrics. Earlier, it surged
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty Images San Francisco, famed for its abundance of hoodie-clad tech workers, was overrun
Beata Zawrzel | Nurphoto | Getty Images TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won’t punish Apple, Google and other service providers if they support the app. “Unless the Biden Administration immediately provides a definitive statement to satisfy the most critical service providers assuring
Jakub Porzycki | Nurphoto | Getty Images Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as day 1 of his new term. The price of the flagship cryptocurrency was last higher by nearly 2% at $102,639.13, according to
Apple CEO Tim Cook delivers remarks at the start of the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware. ( Justin Sullivan | Getty Images Apple has temporarily disabled Apple Intelligence summaries for news apps for users
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