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South Korea Suspends Local Operations of Chinese AI App

By BPN News Desk February 17, 2025
International
South Korea has taken action against the Chinese artificial intelligence (AI) application DeepSeek, suspending its local operations. Authorities cited concerns regarding data security and regulatory compliance as primary reasons for the move. Concerns Over Data Security and Compliance The
AI & Robotics

Former Intel CEO Pat Gelsinger Commends DeepSeek’s Open-Source AI Model

By BPN News Desk January 29, 2025
Former Intel CEO Pat Gelsinger has lauded DeepSeek’s newly introduced open-source AI reasoning model, R1, for its innovation and transformative potential in the technology sector. In a recent post on X (formerly Twitter), Gelsinger reflected on key lessons from computing history that R1 exemplifies, emphasizing how affordability, ingenuity under constraints, and the power
Technology

Sam Altman’s 2023 Comments on India’s AI Prospects Resurface Amid DeepSeek’s Rise

By BPN News Desk January 29, 2025
In 2023, OpenAI founder Sam Altman remarked during his visit to India that it would be “hopeless to compete with us on training foundation models,” suggesting that India’s efforts to develop AI models akin to ChatGPT would likely not succeed. These comments have recently resurfaced and are drawing significant attention, especially in light of the […]
Uncategorized

Japanese Markets Lead Asian Decline Amid AI Sector Downturn

By BPN News Desk January 28, 2025
On January 28, 2025, Japanese stock markets experienced significant declines, leading a broader downturn across Asian markets. The Nikkei 225 index fell by 1.4%, closing at 39,016.87, marking one of its most substantial single-day drops in recent months. This decline was primarily driven by substantial losses in the technology sector, particularly among companies involved
AI & Robotics

Nvidia’s Historic $465 Billion Market Value Decline Amid DeepSeek’s AI Advancements

By BPN News Desk January 28, 2025
Nvidia experiences an unprecedented $465 billion market value decline following DeepSeek's introduction of a cost-effective AI model, prompting a reevaluation of AI investment strategies.

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