18 February 2025

DeepSeek has unravelled the assumption that a few hyperscalers will dominate the artificial intelligence market, extracting payments from an AI-dependent global economy. The Chinese company’s open-source program lets businesses develop their own applications without having to pay anyone. The revenue assumption of hundreds of billions of dollars that underpins hyperscalers is looking like hot air.

Chinese smartphone makers are gaining more ground in the Middle East and Southeast Asia, according to the latest figures by Canalys, as they ramped up expansion in emerging markets amid stiff competition at home. In the Middle East, Chinese brands Transsion, Xiaomi and Honor all saw rapid growth in 2024 to take the second, third

The event marked one of the company’s largest consumer product launches in a foreign country since its overseas smartphone business was hit hard by US trade sanctions. Other products introduced at the event in Malaysia’s capital included the company’s MatePad Pro series tablet, the Huawei Band 10 wearable device and the FreeArc earphones. Andreas Zimmer,

Tiger Brokers said on Tuesday it embedded DeepSeek’s model into its AI-powered chatbot, as brokerages and money managers race to capitalise on the Chinese start-up’s artificial intelligence (AI) breakthrough and develop use cases for the financial industry. The integration of the DeepSeek-R1 model into TigerGPT follows DeepSeek’s meteoric rise, which stunned Silicon Valley and triggered