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CHINA DEEPSEEK AI MODEL
'Do not use': US banking giants JPMorgan and Goldman Sachs restrict Anthropic AI access abroad. Here's whyMajor US banks, JPMorgan Chase and Goldman Sachs, have restricted employees outside the US from using advanced AI tools like Anthropic's Cl...
Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...
China's Z.ai GLM-5.2 tops OpenAI’s GPT 5.5 model on key benchmarksChinese startup Z.ai has launched GLM-5.2, a powerful AI model for complex coding projects. This new large language model boasts a massive ...
G7 leaders vow closer ties on AI as they hash out 'trusted partners' schemeG7 leaders are coordinating on advanced AI risks and opportunities. They are discussing a "trusted partners" scheme to grant non-US nations...
China to support IPOs by 'future industry' startups, large model companiesThe announcements came after China's top securities regulator vowed to "actively embrace" a new phase of technological revolution and indus...
US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources sayDeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity Lis...
U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources sayAmerica has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies ...
For Sarvams to scale, tap global capitalIndia's generative AI landscape is thriving, yet it seeks greater global financial backing. While local startups are making strides in fund...
Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.
China's DeepSeek closes record $7 billion-plus funding with unusual deal structure: ReportChinese Artificial Intelligence lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.40 billion) und...
Tokenomics 2.0: The battle against AI costsStaggering token spending is forcing Indian firms to explore ways to rein in AI cost. This is where open-source models, small language mode...
China launches national AI pilot base for steel industryChina has launched a new AI application pilot base in Nanjing for its metallurgical sector. This initiative aims to accelerate the adoption...
China access concerns could have triggered US restrictions on Anthropic's Mythos: ReportAmerica has restricted access to Anthropic's advanced AI model, Mythos. This action stems from worries that a group linked to China might h...
Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...
AI euphoria to end? Chris Wood warns mega IPOs, bond pressures may trigger tech correctionJefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, cr...
AI replaces Paul the Octopus for 2026 World Cup tipsChatGPT and Claude are betting on Spain. Another news site, Decrypt, received similar results from western chatbots like ChatGPT and Anthro...
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...