The Chinese AI developer DeepSeek kick-started worldwide debates around open-source AI and spending on AI infrastructure. The company’s low-cost model has been quickly adopted across China’s public ...

Move follows White House assurances that Apple and Google will not face legal problems for hosting social media app ...

Global buyout groups often do not know whether ByteDance uses their facilities to exploit a legal loophole to access chips ...

Musk started off in China as a classic “lao pengyou” or old friend — a foreign businessman welcomed for his contribution to ...

The owner of Politico has praised the “inspiring message” of JD Vance’s speech that was met with horror in Europe, as he ...

People forget that flexing a luxury lifestyle means nothing if it comes at the expense of financial stability.”- Bea Borres ...

Also in today’s newsletter, Apple teams up with Alibaba to develop AI in China and Elliott builds a 5% BP stake ...

In his first term, President Donald Trump tried to force TikTok’s parent company to sell its popular app or cease operating ...

And while TikTok boasts 170 million users in the US, the app has been downloaded some 5 billion times across other markets around ... That includes major US financial firms like Susquehanna ...

Business Insider understands — a move that would value the ChatGPT maker the same as TikTok owner ByteDance. The Japanese investment giant is in talks to invest up to $25 billion in OpenAI, the ...

If created, the sovereign wealth fund could place the US alongside numerous other countries that have launched similar funds.