Airbus Faces Pressure After November Deliveries Dip Amid Industrial Setback 
Visa to Move European Headquarters to London’s Canary Wharf 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
Intel Boosts Malaysia Operations with Additional RM860 Million Investment 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
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.
