Alibaba Shares Rise By Over 7% After Launch Of DeepSeek competitor

Beijing, China: Alibaba shares surged more than seven percent in Hong Kong trade on Thursday after the Chinese tech giant launched an artificial intelligence model it says can compete with DeepSeek, this year’s surprise tech star. Investors have been riding high on China’s AI capabilities since January, when DeepSeek unveiled a state-of-the-art chatbot seemingly at … Read more

OpenAI’s Weekly Active Users Surpass 400 Million

ChatGPT developer OpenAI’s weekly active users surged past 400 million in February, a company spokesperson told Reuters on Thursday, highlighting rapid growth in the adoption of artificial intelligence tools. The Microsoft-backed startup had 300 million weekly active users in December. Its paying business users also crossed 2 million in February, more than doubling from its … Read more

US Commerce Department Said to Be Probing DeepSeek’s Alleged Use of Restricted AI Chips

The US Commerce Department is looking into whether DeepSeek – the Chinese company whose AI model’s performance rocked the tech world – has been using US chips that are not allowed to be shipped to China, a person familiar with the matter said. China’s DeepSeek last week launched a free assistant it says uses less … Read more

OpenAI Alleges Its AI Models Were Used to Build DeepSeek-R1: Report

OpenAI has reportedly claimed that DeepSeek might have distilled its artificial intelligence (AI) models to build the R1 model. As per the report, the San Francisco-based AI firm stated that it has evidence that some users were using its AI models’ outputs for a competitor, which is suspected to be DeepSeek. Notably, the Chinese company … Read more