DeepSeek’s generative AI chatbot, a direct rival to ChatGPT, is able to perform some tasks at the same level as recently released models from OpenAI, Anthropic and Meta, despite claims it cost a fraction of the money and time to develop.
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Also in today’s newsletter, Vanke’s crisis reignite fears for China’s property sector, and Tesla sues EU over tariffs on EVs from China
After several days of silence, OpeNAI CEO Sam Altman has finally collected himself, and spoken out about Chinese AI startup DeepSeek throwing Silicon Valley into sheer chaos. The company's R1 AI model scared investors this week,
Stargate, a high-profile artificial intelligence infrastructure project trumpeted by US President Donald Trump this week, will exclusively serve ChatGPT maker OpenAI, according to people familiar with the matter.
OpenAI's Stargate project lacks a fully developed plan and hasn't secured funding yet, according to a report from the Financial Times.
OpenAI is focusing on AI infrastructure with Stargate as rivals like China's DeepSeek close the gap on its AI models.
OpenAI CEO Sam Altman called Chinese startup DeepSeek's R1 AI model "impressive" on Monday, but emphasized that OpenAI believes greater computing power was key to their own success.
Digital news units of Indian billionaires Gautam Adani and Mukesh Ambani, and other outlets including the Indian Express and the Hindustan Times, are joining proceedings against OpenAI for improperly using copyright content,
OpenAI is reportedly deliberating transforming into a for-profit entity. However, the process has seemingly been stunted as the ChatGPT maker struggles to determine Microsoft's equity in the public benefit corporation,
OpenAI’s board is stuck in negotiations to become a for-profit company, struggling to determine the price of Microsoft’s (MSFT) stake in the