Instagram Outage Disrupts Thousands of U.S. Users 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Chinese AI startup DeepSeek is making waves as domestic tech giants, from chipmakers to cloud providers, rally to support its AI models. Companies like Moore Threads and Hygon Information Technology, aiming to compete with Nvidia (NASDAQ:NVDA), announced their AI accelerators now support DeepSeek's R1 and V3 models.
Huawei Technologies has also integrated DeepSeek’s models with its Ascend cloud service, in partnership with SiliconFlow, marking what Bernstein analysts call a “watershed moment” for China’s AI industry. This development shows that competitive large language models (LLMs) can run efficiently on China’s homegrown AI chips, reducing dependence on advanced U.S. hardware like Nvidia's H800. Cambricon and Hygon are also set to release AI chips to further boost China’s capabilities.
Tech giants Alibaba (NYSE:BABA), Baidu (NASDAQ:BIDU), and Tencent have made DeepSeek’s AI accessible on their cloud platforms. The startup’s AI assistant, launched last month, quickly surpassed OpenAI’s ChatGPT in Apple (NASDAQ:AAPL)'s App Store downloads, leading to a global selloff in tech stocks.
DeepSeek first gained global recognition with a research paper in December, revealing that its V3 model was trained on less than $6 million worth of Nvidia hardware—far less than the billions spent by Microsoft (NASDAQ:MSFT) and Meta (NASDAQ:META). The success of the Hangzhou-based company and its founder, Liang Wenfeng, has made them rising stars in China’s tech landscape.
Despite its rapid growth, DeepSeek faces regulatory scrutiny, with countries like Italy and the Netherlands investigating its AI app over privacy concerns. Meanwhile, Microsoft and Amazon (NASDAQ:AMZN) have also begun offering DeepSeek’s models, solidifying its position in the AI industry.
