Australia has banned DeepSeek from all government devices over concerns that the Chinese artificial intelligence startup poses security risks.
Read More Australia bans DeepSeek on government devices citing security concerns
Category: Tech
Google to ask US appeals court to overturn app store verdict
Lawyers for Google and “Fortnite” maker Epic Games are set to square off before a U.S. appeals court in California as Google tries to undo a jury verdict and a judge’s order forcing it to revamp its app store.
Read More Google to ask US appeals court to overturn app store verdict
Apple rises as rosy forecast lifts hopes for iPhone rebound
Apple shares rose 2% after a rosy forecast fueled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.
Read More Apple rises as rosy forecast lifts hopes for iPhone rebound
Microsoft, Meta back big AI spending despite DeepSeek’s low costs
Days after DeepSeek’s breakthrough low-cost AI computing shook the technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field.
Read More Microsoft, Meta back big AI spending despite DeepSeek’s low costs
AI stock shock could spark broader gains in US market
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
Read More AI stock shock could spark broader gains in US market
Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Short sellers of AI-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China’s DeepSeek spooked Wall Street.
Read More Nvidia short bets rake in over $6 billion in profits after DeepSeek panic