Chinese businesses rush to try DeepSeek AI at ‘unprecedented’ scale

Chinese businesses rush to try DeepSeek AI at ‘unprecedented’ scale


Key Points
  • Eight automakers including BYD, at least nine financial securities companies, three state-owned telecommunications operators and smartphone brand Honor are among the many that have rushed to integrate with DeepSeek in the last week.
  • “This is quite unprecedented,” Wei Sun, principal analyst of artificial intelligence at Counterpoint Research, said in an email Monday. She pointed to the rate of adoption, scale of business integration and breadth of specific industries covered.
  • A big factor in the widespread interest is timing, as well as DeepSeek’s open-source availability in China.



Source

Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood
Finance

Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood

Sopa Images | Lightrocket | Getty Images Galaxy Digital shares jumped about 10% in early trading Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, GalaxyOne. The platform and mobile application, launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds in […]

Read More
Stocks making the biggest moves premarket: AMD, Comerica, Micron Technology & more
Finance

Stocks making the biggest moves premarket: AMD, Comerica, Micron Technology & more

Check out the companies making headlines before the bell: AMD — The chipmaker surged more than 23% following a deal reached by OpenAI and Advanced Micro Devices that could see the ChatGPT parent take a 10% stake in AMD. Comerica , Fifth Third Bancorp — Fifth Third Bancorp announced a $10.9 billion all-stock deal to […]

Read More
Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs
Finance

Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs

ETF Edge Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs Published Sat, Oct 4 202511:00 AM EDT Blair Bao WATCH LIVE Source

Read More