Apple finished 2024 in record fashion, with a staggering $3.6 trillion market capitalization that not only topped every other company on the planet, but also eclipsed the economic value of all but a handful of the world’s countries.
Apple could benefit from China's DeepSeek, which appears to deliver cheaper AI models. Its competitors have already spent big on their own efforts.
These days, nothing is certain about the tech market or the world at large. Even Nvidia's seemingly bulletproof stock took a hammering on Monday, enduring
This whole DeepSeek copying ChatGPT accusation from OpenAI and Microsoft reminds me of one thing — people don't care about copycats when they're cheaper and better.
Tech giant Apple might be facing a lot more scrutiny from its shareholders regarding AI practices. The news comes after a filing was made by the Cupertino firm with the American Securities and Exchange Commission.
OpenAI and Microsoft are big mad that Chinese AI startup DeepSeek has stolen their market share and, possibly, portions of their code. It’s a deeply funny claim from the company that made ChatGPT, a program it once admitted couldn’t exist without free access to all the copyrighted data in the world.
DeepSeek, a Chinese startup, rocked the AI world after debuting a model that rivaled the capabilities of OpenAI's ChatGPT for a fraction of the price.
Shares of Apple charged higher on Monday, bucking the trend as its large-cap tech peers tumbled on concerns about overspending on AI.
Apple could be forced to detail more of its AI activity, after a proposal asks shareholders to expose whether Apple is truly working ethically in the field when training Apple Intelligence.
As with Jevons Paradox, efficiency gains should send AI use soaring as costs drop. As Microsoft’s Satya Nadella observed, what the steam engine did to coal demand is now likely to happen with AI.
DeepSeek, the controversial Chinese AI chatbot, is no longer available for download in Italy and Ireland. Both countries pulled the app from Apple and Google stores on Jan. 29, accusing the company of dodging questions about its handling of personal data and causing fears of Chinese government access to user information.