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The emergence of DeepSeek's lower cost breakthrough particularly threatens US-based AI leaders like OpenAI and Anthropic, which have invested billions in developing leading AI models

With China's DeepSeek, US Tech Fears Red Threat

California tech investors have usually kept their involvement in politics low key, generally supporting centrist politicians who don't get in the way of their innovations and business plans.
Microsoft executives say they are on pace to spend $80 billion this fiscal year on artificial intelligence and are innovating to help customers make money from the technology

Microsoft Profit Rises But Cloud Business Misses Mark

Microsoft chief executive Satya Nadella spotlighted the tech titan's artificial intelligence investments, saying the company is "innovating across our tech stack" to unlock the ability for customers to make money from the technology.
Meta, the parent company of Facebook, Instagram, and WhatsApp saw its net income soar 59 percent to $62.36 billion in 2024

Meta Posts Big Profit, Aims To Take AI Lead

The bullish projection about the company's AI future sent shares in the company spiking by as much as five percent in after hours trading, though this later steadied to two percent.
Volkswagen and other European carmakers have struggled with the switch to electric vehicles as they face rising competition from China

EU Holds Auto Talks To Revive Embattled Car Sector

The European Union is under pressure to help a sector that employs 13 million people and accounts for about seven percent of the bloc's GDP, as it seeks to revamp the continent's lagging competitiveness.
Almost 80 percent of cars made in the UK last year were exported, mostly to the European Union, according to industry data

UK Car Sector Fears For Trump Tariffs As Output Falls

Factories producing mainly foreign-owned brands, including from Japanese giant Nissan and Indian-owned Jaguar Land Rover, turned out a total 905,233 vehicles, down 11.8 percent on 2023, said the Society of Motor Manufacturers and Traders.
ByteDance is under pressure to sell the popular video sharing app TikTok

Who Might Buy TikTok In The US?

While Musk hasn't publicly expressed interest in acquiring TikTok, his $44 billion acquisition of Twitter (now X) in 2022 demonstrates his appetite for social media investments.
Sony Group said Wednesday that it has promoted Hiroki Totoki to chief executive officer as part of a wider management reorganisation

Sony Names New CEO In Management Reshuffle

Totoki, 60, joined in 1987 and is currently Sony's chief operating officer, finance chief and president. From April 1, he will succeed Kenichiro Yoshida, who will remain chairman, Sony said in a statement.

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