Monday, October 06, 2025

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February 11, 2025 10:37 AM

Musk-led group makes $97.4 billion bid for control of OpenAI

A consortium led by Elon Musk said on Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm. Musk'...

January 29, 2025 2:17 PM

Alibaba releases AI model it claims surpasses DeepSeek-V3

Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3. The unusual timing of the Qwen 2.5-Max's release, on the first day of the Luna...

January 29, 2025 4:17 PM

Why DeepSeek’s Rise Is a Black Swan Moment for the AI Industry?

DeepSeek, a groundbreaking AI startup based in Hangzhou, China, has captured global attention with the launch of its revolutionary language model, DeepSeek-R1. Released on January 20, this cutting-edge model competes with industry leaders like OpenAI...

January 27, 2025 4:10 PM

Tech drags global shares lower on China’s AI push; dollar dips

European and Asian shares slumped on Monday as investors weighed the implications of Chinese startup DeepSeek's launch of a free open-source artificial intelligence model to rival OpenAI's ChatGPT. Meanwhile, the dollar dipped as broad U.S. import t...

December 14, 2024 1:54 PM

OpenAI fires back at Elon Musk bid to block for-profit conversion

OpenAI asked a federal judge in California on Friday to reject a request by billionaire Elon Musk to halt the ChatGPT maker’s conversion to a for-profit company. OpenAI also published a trove of emails and text messages with Musk on its website to...

October 16, 2024 4:17 PM

EU AI Act checker reveals Big Tech’s compliance pitfalls

Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to a report by Reuters. The EU had long debated new AI regulations...

 

Last updated on: 6th Oct 2025