Tech Meme

Bloomberg: DeepSeek highlights some of China’s key advantages: a deep pool of skilled software engineers, a vast domestic market, and government support via subsidies  —  The success of DeepSeek’s new AI model points to how China might eventually achieve an even bigger technological breakthrough … Lees verder op Tech Meme

Kevin Roose / New York Times: DeepSeek challenges the “bigger is better” narrative underpinning the AI arms race in recent years and suggests we may see more investment into smaller startups  —  A new A.I. model, released by a scrappy Chinese upstart, has rocked Silicon Valley and upended several fundamental assumptions about A.I. progress. Lees verder op Tech Meme

Financial Times: SemiAnalysis: DeepSeek has spent “well over $500M on GPUs over the history of the company”; TechInsights says it doesn’t see DeepSeek as “a big hit to Nvidia”  —  Short sellers profit as US chipmaker loses nearly $600bn in market value on Monday Lees verder op Tech Meme

Samuel Stolton / Bloomberg: EU appeals hearing: Google accuses the EC of making “grave errors” in its Android investigation that led to a record €4.3B fine; EU lawyers defended the case  —  – EU’s top court weighs in on bloc’s biggest ever antitrust fine  — Lower-tier court earlier cut fine down to €4.1 billion Lees verder op Tech Meme

Christina Kyriasoglou / Bloomberg: SAP reports Q4 cloud revenue up 27% YoY to €4.71B, above €4.68B est., driven by AI demand, names a suite of new executives, and plans to simplify its strategy  —  – Cloud revenue grew 27% last quarter from a year earlier  — The company named new marketing, technology leadership Lees verder op Tech Meme

Bloomberg: DeepSeek says it used Nvidia H800 chips, available in China until October 2023, to train R1, suggesting future models could be hampered by US export controls  —  – Nvidia calls R1 an ‘excellent’ advance that meets US limits  — Trump says release should be a ‘wake-up call’ for US companies Lees verder op Tech Meme

Financial Times: Bridgewater founder Ray Dalio says investor exuberance over AI has fuelled a “bubble” in US stocks that resembles the build-up to the dotcom bust in 1998-1999  —  Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium Lees verder op Tech Meme

Jennifer Elias / CNBC: Google says it will change Gulf of Mexico to Gulf of America on Maps when “official government sources” are updated, after Trump signed an EO changing the name  —  Google said Monday it will change the name of the Gulf of Mexico to “Gulf of America” in Google Maps … Lees verder op Tech Meme

Bloomberg: Trump vows to impose tariffs on foreign semiconductors in the “near future” and calls DeepSeek’s AI progress “a positive” and “a wake-up call” for US industries  —  President Donald Trump said he would soon impose tariffs on foreign pharmaceuticals … Lees verder op Tech Meme

Samantha Subin / CNBC: Nvidia’s stock dropped 16.86%, closing at $118.58, losing nearly $600B in market cap, more than twice as much as any US company has ever lost in a single day  —  Nvidia lost close to $600 billion in market cap on Monday, the biggest drop for any company on a single day in U.S. history. Lees verder op Tech Meme