Canadian weed companies fall after Germany elects cannabis-hostile chancellor
German voters elected conservative Friedrich Merz to be their next chancellor, a political shift that may threaten Canadian cannabis companies that have increasingly been focused on exports as growth ...
Perplexity claims to have purged Chinese censorship and propaganda from its new DeepSeek clone
When DeepSeek R1 was released, it shocked the AI world . A small group of Chinese developers had trained a model that matched the performance of OpenAI’s state-of-the-art models, and they say they did...
Nvidia has almost recovered all of its DeepSeek losses
A whopping $593 billion worth of market capitalization was wiped from in a single day in January, as doubt turned to fear and fear turned to panic over the sudden emergence of Chinese AI chatbot Deep...
Tesla’s “full self-driving” technology faces potential delay in China
Tesla could see a potential holdup in obtaining approval for its “full self-driving” technology in China — a potential blow to the company in its second-biggest market. According to sources reported b...
TSMC reportedly considering building advanced packaging plant in US amid pressure from Trump
President Trump wants to bring advanced semiconductor production from Taiwan back to America. Now there may be some progress in that desire, thanks to the only $1 trillion Taiwanese publicly traded co...
JPMorgan’s options trades for a world of Chinese AI outperformance
The equity derivatives strategists at JPMorgan have a plan to benefit from a new phase of the AI trade in which Chinese companies downstream from the picks-and-shovels semiconductor firms pull away fr...
Google is the latest to praise — and criticize — DeepSeek
During earnings call last week, CEO Sundar Pichai was mostly effusive about DeepSeek , the Chinese company whose AI model has upended much of what American AI firms thought was possible for the price....
Apple stock dips as China considers probing its App Store practices
shares sunk 3% in premarket trading on Wednesday after Bloomberg reported that China’s antitrust watchdog is considering looking into the iPhone maker’s App Store fees. Citing people familiar with the...
Nvidia’s low exposure to China doesn’t matter as traders dump the stock anyway
Stocks around the world are being buffeted by tariff announcements and delays out of the White House, and semiconductors are no exception. The imposition of a 10% tariff on US imports from China has s...
Temu’s parent company and Alibaba slump after losing key US trade exemption
The “de minimus” exemption that allowed inbound packages to the US from China with a value below $800 to avoid taxes has been scrapped by the Trump administration. and , owner of Temu, are reeling. Th...
Report: FBI and White House are investigating DeepSeek’s access to Nvidia GPUs
Bloomberg is reporting that the White House and the FBI are investigating DeepSeek to find out if they evaded export controls to acquire GPUs. Ever since the AI world was rocked by the release of Dee...
The trillion-dollar mystery surrounding DeepSeek’s Nvidia GPUs
At the center of the story of DeepSeek’s breakthrough achievement with its R1 models lies the hardware that powered the servers that trained those models. In December 2024, DeepSeek researchers relea...
Alibaba says its AI model beats both DeepSeek’s and OpenAI’s
Hot on the heels of DeepSeek , the Chinese tech company whose relatively inexpensive AI model reportedly beat that of much better-funded competitors like OpenAI’s ChatGPT and upended America’s notion ...
US stocks tumble as China’s breakthrough casts doubts on AI-fueled rally
US stocks cratered as a Chinese chatbot seemed to strike a blow to the megacap tech giants whose profitability underpins the bull market. The S&P 500 slumped 1.5%, the Nasdaq 100 dropped 3%, and the R...
DeepSeek’s dirt-cheap AI puts Microsoft, Meta, Alphabet, and Amazon’s AI spending in perspective
Perhaps what’s most unsettling the markets about China’s powerful new AI model DeepSeek is its price tag — its very small price tag. The company said it spent just $5.6 million to train its latest mod...
China’s DeepSeek turns AI on its head, with US tech stocks on track to lose $1 trillion in value
Despite only being founded in 2023 and reportedly using inferior chips at a fraction of the cost of many of its competitors, Chinese AI lab DeepSeek released the R1 last week — a model that goes toe t...
A free, powerful Chinese AI model just dropped — but don’t ask it about Tiananmen Square
The AI world was abuzz this week with the release of the DeepSeek R1 models, from Chinese AI lab DeepSeek . The free large language model is impressing the AI community for being one of the first free...
Supreme Court upholds TikTok ban in 9-0 decision
In a unanimous 9-0 decision , the US Supreme Court upheld the “Protecting Americans from Foreign Adversary Controlled Applications Act,” which would ban the distribution of TikTok. The law is slated t...
Apple stock down 3% as it loses top spot in China sales
dropped sharply today, down more than 3% as a report noted that the company has been dethroned as the top smartphone seller in China. Year to date, the stock’s down about 8%. A report from Canalys sai...
Anduril building $1 billion factory to churn out autonomous weapons and vehicles
Autonomous-weapons systems startup Anduril announced plans to build a $1 billion “hyperscale” factory in Columbus, Ohio. Named “Arsenal-1,” the sprawling 5 million-square-foot, airport-adjacent factor...