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Struggling Intel names industry veteran Lip-Bu Tan as CEO
Struggling Intel names industry veteran Lip-Bu Tan as CEO
Economy
by  AFP

Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US computer chipmaker struggling to catch up in the AI race. Intel's niche has been in chips used in traditional computing processes being eclipsed by the AI rage.

Generative AI rivals racing to the future
Generative AI rivals racing to the future
Economy
by  AFP

Since ChatGPT burst onto the scene in late 2022, generative artificial intelligence (GenAI) models have been vying for the lead - with the US and China hotbeds for the technology. The Tesla tycoon bought Twitter in late 2022.

DeepSeek dims shine of AI stars
DeepSeek dims shine of AI stars
Economy
by  AFP

China-based DeepSeek shook up the world of generative artificial intelligence (GenAI) early this year with a low-cost but high-performance model that challenges the hegemony of OpenAI and other big-spending behemoths. But then DeepSeek upended the sector with its R1 model, which it said cost just $6 million or so, powered by less-advanced chips.