AFP
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Author's articles
Upstart DeepSeek faces heightened scrutiny as AI wows
With around six million dollars and a stockpile of chips acquired before Washington banned their export to China, startup DeepSeek has produced what Chinese tech titans couldn't -- a world-class AI chatbot.
Tesla to report results for 1st time since Trump elected president
Tesla is set to report earnings Wednesday for the first time since President Donald Trump -- a close ally of CEO Elon Musk -- returned to the White House.
US Fed expected to hold rate steady despite Trump pressure to cut
After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.
Spanish economy shines in 2024 with 3.2% growth
The Spanish economy expanded 3.2 percent last year thanks to buoyant exports and consumption that have made it one of the fastest-growing developed countries, official data showed on Wednesday. Exports in the European Union's fourth-largest economy grew three percent year-on-year in the final quarter of 2024 and household consumption increased 3.7 percent.
Fears of scam centre kidnaps keep Chinese tourists on edge in Thailand
Chinese tourists visiting Thailand for Lunar New Year are worried about being kidnapped by gangsters to work in hellish scam centres, despite efforts to reassure them.
Taiwan could help industry after Trump warns of chip tariffs
Taiwan will consider supporting its domestic industry the government said Wednesday, after US President Donald Trump warned he will soon place tariffs on overseas-made semiconductor chips. Speaking at a Republican congressional retreat in Miami on Monday, Trump warned the United States will soon place tariffs on foreign-made semiconductor chips, pharmaceuticals and metals such as steel.
DeepSeek's 'Sputnik moment' exposes holes in US chip curbs
DeepSeek's 'Sputnik moment' exposes holes in US chip curbs
Dutch chip giant ASML's net profits dip in 2024
Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a drop in annual net profits Wednesday, as geopolitical headwinds and the emergence of Chinese AI start-up DeepSeek disrupt the sector. The tech sector has also been buffeted by the sudden emergence of DeepSeek, a low-cost Chinese artificial intelligence chatbot to rival its US competitors.
Red tape and rare earths: EU 'compass' charts economic future
Promising a "simplification shock", the EU will unveil a much-anticipated blueprint to revamp Europe's economic model on Wednesday, as the bloc struggles to keep up with China and the United States. Commission Vice-President Stephane Sejourne has promised "a simplification shock without affecting environmental targets".
AFP
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