Stay Connected. Stay Informed.
Statistical mathematician Nassim Taleb, in his seminal work, The Black Swan, defines ‘Black Swan moments’ as highly improbable events with significant impact that are often rationalised with hindsight. In 2008, the global financial meltdown, a Black Swan event that began in the U.S., wiped out trillions of dollars, causing traders to scramble to fulfil margin…
New Delhi: Union Minister Ashwini Vaishnaw on Friday praised the Narendra Modi-led government for focusing on new and emerging technologies, and allocating Rs 500 crore in the Union Budget 2025-26 to set up a Centre of Excellence in Artificial Intelligence (AI). Speaking to NDTV, Mr Vaishnaw, who is the IT minister, said: “It was very…
Read More “Minister On Building AI Amid DeepSeek vs ChatGPT War” »
San Francisco: OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday. Japan’s SoftBank is leading the investment round and is in talks to invest $15-25 billion in the deal that…
Read More “OpenAI Seeking $40 Billion In New Fundraising Round: Report” »
IT minister Ashwini Vaishnaw has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government’s efforts to build a localised AI model. India announced a $1.25 billion AI investment in March, dubbed IndiaAI mission, which includes funding for AI startups and developing its own…
Read More “Union Minister Praises China’s DeepSeek AI, Makes An India Comparison” »
At a time when the newly elected U.S. President, Donald Trump, is making a pitch to reshore manufacturing to America, its companies operating out of China are having second thoughts about what was considered a miracle economy. Speaking at the World Economic Forum in Davos in January, Trump made a simple pitch that if companies…
As the social media platforms and the stock markets are buzzed with the popularity of the new AI company DeepSeek, a report by Bernstein stated that DeepSeek looks fantastic but not a miracle and not built in USD 5 million. The report addressed the buzz around DeepSeek’s models, particularly the idea that the company built…
Read More “DeepSeek “Fantastic” But Not Miracle, Not Built In $5 Million: Bernstein Report” »
DeepSeek’s chatbot could not answer questions on the Tiananmen Square incident, but ChatGPT describes the event in detail. | Photo Credit: AP Chinese tech startup DeepSeek ’s new artificial intelligence chatbot has sparked discussions about the competition between China and the U.S. in AI development, with many users flocking to test the rival of OpenAI’s…
India’s Foreign Secretary, Vikram Misri, was recently in China on a two-day trip to discuss the future course of bilateral relations between the two countries, following an initiative by both nations to normalise ties after a military standoff spanning nearly four years. A Host Of Measures Relations between the two nations were fraught after Beijing…
Read More “Opinion: As India-China Grow Close, Who's Driving The 'Narrative'?” »
New Delhi: There is a new kid on the Artificial Intelligence-driven chatbot / Large Language Model (LLM) block, and it is threatening to blow the rest out of the water. Meet DeepSeek, developed by a Hangzhou-based research lab with a fraction of the budget (if you believe the reports) used to make ChatGPT, Gemini, Claude…
San Francisco: Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week’s much-awaited results from industry bellwethers. DeepSeek has claimed it took just two months and cost under $6 million to build an AI model using…
Read More “US Big Tech Faces Heat As China’s DeepSeek Questions Billion-Dollar Spending” »