Chris Liu
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SoftBank in Talks to Invest Up to $25 Billion in OpenAI - Report
SoftBank is in discussions to invest as much as $25 billion into OpenAI, a deal that would make the Japanese conglomerate one of the ChatGPT maker's largest financial backers, according to people familiar with the matter. The talks are ongoing, and the final investment amount remains uncertain. SoftBank is in discussions to invest as much as $25 billion into OpenAI, a deal that would make the Japanese conglomerate one of the ChatGPT maker's largest financial backers, according to people familiar with the matter. The talks are ongoing, and the final investment amount remains uncertain. -
Microsoft and OpenAI Probe Alleged Distillation of AI Models by China’s DeepSeek
OpenAI and its top investor, Microsoft, are investigating whether China's DeepSeek improperly leveraged OpenAI's artificial intelligence technology to develop a rival chatbot, marking the latest escalation in the ongoing U.S.-China AI competition. OpenAI and its top investor, Microsoft, are investigating whether China's DeepSeek improperly leveraged OpenAI's artificial intelligence technology to develop a rival chatbot, marking the latest escalation in the ongoing U.S.-China AI competition. -
Trump Confirms Microsoft in Talks to Acquire TikTok, Stoking Bidding War Hopes
U.S. President Donald Trump confirmed on Monday that Microsoft is in negotiations to acquire TikTok, stirring fresh speculation about the future of the popular social media app. Speaking to reporters, Trump expressed a preference for a competitive bidding process, stating, "I would say yes" when asked whether Microsoft was preparing to make an offer. "There's great interest in TikTok from a lot of companies," Trump added, underscoring the ongoing competition for the app, which has approximately 170 million American users. U.S. President Donald Trump confirmed on Monday that Microsoft is in negotiations to acquire TikTok, stirring fresh speculation about the future of the popular social media app. Speaking to reporters, Trump expressed a preference for a competitive bidding process, stating, "I would say yes" when asked whether Microsoft was preparing to make an offer. "There's great interest in TikTok from a lot of companies," Trump added, underscoring the ongoing competition for the app, which has approximately 170 million American users. -
Tech Stocks Plunge as Chinese AI Startup DeepSeek Shakes Market, Nvidia Loses $593 Billion
In a seismic shift in the global technology market, Chinese AI startup DeepSeek has ignited a dramatic selloff in tech stocks, erasing billions in value across the industry. The Nasdaq plunged 3.1% on Monday, its sharpest drop in months, as investors reacted to the unexpected debut of DeepSeek's low-cost AI model, R1, which threatens the dominance of established U.S. players like Nvidia and OpenAI. In a seismic shift in the global technology market, Chinese AI startup DeepSeek has ignited a dramatic selloff in tech stocks, erasing billions in value across the industry. The Nasdaq plunged 3.1% on Monday, its sharpest drop in months, as investors reacted to the unexpected debut of DeepSeek's low-cost AI model, R1, which threatens the dominance of established U.S. players like Nvidia and OpenAI. -
Chinese AI Startup DeepSeek’s AI Breakthrough Sparks Global Stock Sell-Off, Shaking Nvidia and Rivals
The global technology sector faced a significant shake-up Monday as stocks in leading AI and chip companies, including Nvidia, Taiwan Semiconductor Manufacturing Company (TSMC), and ASML Holding, tumbled following the release of a groundbreaking AI model by China's DeepSeek. The model, touted for its efficiency and low-cost development, has triggered fears of market disruption and called into question the long-term spending strategies of U.S. tech giants. The global technology sector faced a significant shake-up Monday as stocks in leading AI and chip companies, including Nvidia, Taiwan Semiconductor Manufacturing Company (TSMC), and ASML Holding, tumbled following the release of a groundbreaking AI model by China's DeepSeek. The model, touted for its efficiency and low-cost development, has triggered fears of market disruption and called into question the long-term spending strategies of U.S. tech giants. -
Trump Delays TikTok Ban, But App Remains Off Major App Stores
President Donald Trump signed an executive order on Monday that temporarily halts the enforcement of a federal ban on TikTok, injecting uncertainty into the future of the popular video-sharing app. President Donald Trump signed an executive order on Monday that temporarily halts the enforcement of a federal ban on TikTok, injecting uncertainty into the future of the popular video-sharing app. -
Apple's iPhone 17 Redesign Rumors Signal a Major Departure From Previous Models
Apple may be preparing to unveil its most significant iPhone redesign in years with the upcoming iPhone 17. Leaked images and industry rumors suggest that the company is exploring a striking horizontal camera layout for the device, a departure from the vertical and clustered designs that have defined iPhones since 2019. The alleged redesign, combined with other speculated changes, indicates Apple's intention to refresh its product lineup and address criticisms of stagnant design evolution. Apple may be preparing to unveil its most significant iPhone redesign in years with the upcoming iPhone 17. Leaked images and industry rumors suggest that the company is exploring a striking horizontal camera layout for the device, a departure from the vertical and clustered designs that have defined iPhones since 2019. The alleged redesign, combined with other speculated changes, indicates Apple's intention to refresh its product lineup and address criticisms of stagnant design evolution. -
TikTok Returns to U.S. Users After Trump’s Promise to Pause Divest-or-Ban Law
TikTok has returned to service in the United States following a dramatic 14-hour blackout triggered by a divest-or-ban law targeting its Chinese parent company, ByteDance. The app's restoration came after President-elect Donald Trump vowed on Sunday to halt enforcement of the law and shield tech companies from potential penalties, providing temporary relief for TikTok and its millions of U.S. users. TikTok has returned to service in the United States following a dramatic 14-hour blackout triggered by a divest-or-ban law targeting its Chinese parent company, ByteDance. The app's restoration came after President-elect Donald Trump vowed on Sunday to halt enforcement of the law and shield tech companies from potential penalties, providing temporary relief for TikTok and its millions of U.S. users. -
TikTok Says It Will ‘Go Dark’ Across America on Sunday Without Immediate Government Intervention
TikTok announced late Friday that it will "go dark" in the United States on Sunday unless the government provides immediate assurances that the video-sharing platform will not face penalties under a looming federal ban. The app's statement follows the Supreme Court's decision earlier that day to uphold a law requiring TikTok's Chinese parent company, ByteDance, to divest from the platform or face removal from app stores and hosting services. TikTok announced late Friday that it will "go dark" in the United States on Sunday unless the government provides immediate assurances that the video-sharing platform will not face penalties under a looming federal ban. The app's statement follows the Supreme Court's decision earlier that day to uphold a law requiring TikTok's Chinese parent company, ByteDance, to divest from the platform or face removal from app stores and hosting services. -
EU Expands Probe Into Elon Musk's X Over Content Moderation Ahead of Trump Inauguration
The European Commission announced on Friday that it is intensifying its investigation into Elon Musk's social media platform, X, over potential breaches of the European Union's content moderation rules under the Digital Services Act (DSA). This move comes just days before U.S. President-elect Donald Trump's inauguration, adding a layer of geopolitical complexity to the ongoing scrutiny of big tech companies. The European Commission announced on Friday that it is intensifying its investigation into Elon Musk's social media platform, X, over potential breaches of the European Union's content moderation rules under the Digital Services Act (DSA). This move comes just days before U.S. President-elect Donald Trump's inauguration, adding a layer of geopolitical complexity to the ongoing scrutiny of big tech companies.