China’s DeepSeek Disrupts AI Industry with Low-Cost DeepThink R1
China’s DeepSeek disrupts the AI industry with its low-cost DeepThink R1 model, challenging conventional beliefs about the high costs of AI development.
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Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
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From Millions to Billions: China’s DeepSeek Sparks AI Cost Debate
China’s DeepSeek challenges AI industry norms by developing a cutting-edge AI model for just $6 million, sparking a debate over the true costs of AI development.
China’s DeepSeek Disrupts AI Landscape with $6 Million Breakthrough
China’s DeepSeek has disrupted the AI industry by developing an advanced chatbot with just $6 million, challenging the notion that significant AI breakthroughs require massive investments.
China’s DeepSeek Revolutionizes AI Development with $6 Million Investment
DeepSeek, an AI lab from Hangzhou, challenges the belief that AI requires vast investments, sparking debate on innovation costs and highlighting China’s role in advancing AI.
Million? Billion? Trillion? China’s DeepSeek Sparks AI Costs Debate
Chinese AI lab DeepSeek has challenged the notion that advanced AI development requires massive funding by launching its DeepThink R1 model, sparking a global debate on the true costs of AI innovation.
China’s DeepSeek Sparks Debate Over AI Costs with $6 Million Breakthrough
China’s DeepSeek has sparked a debate over AI development costs by releasing its advanced AI chatbot, DeepThink R1, with a budget of just $6 million, challenging industry norms and shaking up the AI landscape.
DeepSeek Emergence Shakes US Tech Stocks as Trump Warns Companies
US tech stocks tumbled as the emergence of China’s AI chatbot DeepSeek shakes markets, with the Nasdaq plunging over 3%. Former President Trump warns companies to stay vigilant amid rising competition.
Eye-Scan Technology Redefines Identity and Privacy Boundaries
An ambitious project uses eye scans to verify identity, pushing the boundaries between human and machine. This technology challenges traditional notions of privacy and raises ethical questions.
Huangqiao’s Violin Industry Embraces Digital Transformation
Artisans in Huangqiao, China’s Jiangsu Province, are embracing digital trends in the traditional violin industry, enhancing lives and reaching global audiences through technology.
China’s 2025 Spring Festival Box Office Sets New Record with Soaring Domestic Demand
China’s Spring Festival 2025 box office hits a record 808 million yuan ($111.3 million), showcasing thriving domestic demand and high anticipation for new Chinese film releases during the festive season.
Half of U.S. Households Hold Only 2.4% of National Wealth, Federal Reserve Data Reveals
Recent Federal Reserve data highlights that half of American households hold just 2.4% of the nation’s wealth, with a median net worth of $192,000, underscoring significant wealth inequality in the U.S.
China’s Manufacturing Activity Contracts in January Amid Seasonal Factors
China’s manufacturing PMI fell to 49.1 in January due to seasonal factors like the Spring Festival holiday, indicating a contraction in factory activity, according to the National Bureau of Statistics.
China Reports Steady Growth in Foreign Investment and Cooperation in 2024
China’s Ministry of Commerce reports steady growth in foreign investment and cooperation in 2024, with significant increases in outbound investments, especially in ASEAN countries, and an expanding global workforce.
Chinese Provinces Unveil Ambitious Growth Plans at Local ‘Two Sessions’
Chinese provinces are setting ambitious economic growth targets at their local ‘two sessions,’ focusing on innovation and regional development ahead of the final year of the 14th Five-Year Plan.
Breaking the Deadlock: Global Green Recovery in the Trump 2.0 Era
Donald Trump’s inauguration as the 47th U.S. president marks a new chapter in climate policy, posing challenges to global green development and highlighting the need for international collaboration.
China’s Huangqiao Town Emerges as Global Violin Epicenter
China’s Huangqiao Town in Jiangsu Province has become a global hub for violin production, now making one-third of the world’s violins. Discover how this town earned the title ‘Cremona of the East’.
China’s Global Outreach: Sharing Opportunities and Driving Sustainable Growth
China advances its commitment to opening up, fostering global partnerships, fueling economic growth through trade, digital innovation, and green development, sharing opportunities for mutual benefits.
Standard Chartered’s Benjamin Hung Discusses Global Trade at Davos
At the World Economic Forum in Davos, Benjamin Hung of Standard Chartered discusses global trade dynamics, investment trends, and China’s economic development with CGTN’s Wang Tianyu.
China Leads Global Green Transition: ERG CEO at Davos 2025
At Davos 2025, ERG CEO Shukhrat Ibragimov highlighted China’s crucial role in the global green transition, noting its $900 billion investment in alternative energy and calling for suppliers to meet its demand.
Sino BioPharm CEO Advocates Cross-border Healthcare Collaboration at WEF
At the World Economic Forum, Sino BioPharm CEO Eric Tse emphasizes the crucial need for cross-border healthcare collaboration amid shifting political dynamics during the Trump Administration.