Chinese startup DeepSeek, which has sparked panic on Wall Street with its powerful new chatbot developed at a fraction of the cost of its competitors, was founded by a hedgefund whizz-kid who believes AI can change the world.
Having shattered assumptions in the tech sector and beyond about the cost of artificial intelligence, Chinese startup DeepSeek's new chatbot is now roiling another industry: energy companies.
Nepali airlines have resumed rescue helicopter flights to the Everest region, an aviation industry official announced Tuesday, following weeks of suspension prompted by protests from locals citing environmental impact and loss of income from trekkers.
Chinese AI chatbot DeepSeek has made waves in Silicon Valley, stunning investors and industry insiders with its ability to match the skills of its Western competitors at a fraction of the cost.
Far from the bleep-driven video game soundtracks of yesteryear, French composer Olivier Deriviere is determined to help craft the audio sensation of a medium he believes is still finding a voice of its own.
Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar rallied on a report saying Washington was considering universal tariffs on a range of goods.
Entrepreneurs running small and medium-sized businesses that manufacture and source exclusively in the United States have learned to cope with globalization, and do not expect major changes from Donald Trump's tariffs threats.
For President Donald Trump's allies, his crackdown on the "illegal and immoral discrimination" of equal opportunities programs reflects a shifting US electorate that has lost patience with ineffective and performative political correctness.
Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -- which is already triggering global jitters.
Starbucks has focused on improving relationships with workers and addressing bottlenecks in the operation process that make it hard for customers to order a cup of coffee.
Fears that the AI gold rush could be under threat rocked Wall Street on Monday following the emergence of a ChatGPT-like model from China, triggering predictions of turmoil for Silicon Valley and accusations of cheating.
Since starting Development Theory in 2022, Kishel has helped dozens of businesses with valuations. Before this, she worked with more than two hundred clients as a consultant and business lender.
Colombia said Monday it had sent aircraft to repatriate migrants deported from the United States after apparently bowing to President Donald Trump's threats of painful tariffs for defying his plans for mass expulsions.
The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary Monday, putting him at the forefront of implementing Donald Trump's economic agenda -- which is already sparking global jitters.
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.
Nvidia was among the chip companies that saw huge losses in overnight trading over concerns about the small Chinese company's artificial intelligence model.
The company also warned on Monday of a net loss of approximately 45 billion yuan ($6.2 billion) last year.
Chinese leader Xi Jinping struck a bullish tone during a speech on Monday ahead of Lunar New Year, after acknowledging "complex and severe situations" in recent months.
While workforce cuts raise concerns, the tech sector is poised for significant growth, with jobs in big data, fintech, and AI expected to double by 2030.
Taiwan has identified 52 "suspicious" Chinese-owned ships flying flags of convenience that require close monitoring if detected near the island, the coast guard said Monday, as Taipei seeks to protect its subsea telecoms cables.
Pressure grew Monday on Fuji Television over an alleged sexual assault by a celebrity presenter, with the Japanese broadcaster set to address media as criticism mounts from advertisers and the public.
Higher US tariffs under President Donald Trump could accelerate a slump in the value of China's currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy, analysts warn.
Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's protectionist agenda.
Wafa Mustafa had long dreamed of returning to Syria but the absence of her father tarnished her homecoming more than a decade after he disappeared in Bashar al-Assad's jails.
One week into his second administration, Donald Trump has put technology at the forefront, featuring tech billionaires prominently at his inauguration and announcing major AI infrastructure deals from the White House.
Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates.
Paris Men's Fashion Week, which wrapped up Sunday, showcased Fall-Winter 2025-2026 collections that featured a revival of more elegant tailoring -- and fear about the return of Donald Trump.
After 13 years in Hong Kong as a refugee, John received plane tickets that would grant his family new lives in the United States -- only for them to be snatched away with a stroke of the pen by President Donald Trump.
US President Donald Trump floated a plan Saturday to "just clean out" Gaza, and said he wants Egypt and Jordan to take Palestinians from the territory in a bid to create Middle East peace.
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump.
