By Eduardo Baptista and Alessandro DiviggianoBEIJING (Reuters) – Chinese bloggers, state media and local citizens have welcomed DeepSeek’s global success with pride and glee, with some saying the homegrown AI startup’s meteoric rise is a sign China...
MILAN (Reuters) – Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday.The investment comes after the maker of $600 a pair...
(Reuters) – OpenAI CEO Sam Altman called Chinese startup DeepSeek’s R1 AI model “impressive” on Monday, but emphasized that OpenAI believes greater computing power was key to their own success.DeepSeek, a low-cost Chinese artificial...
By Anna TongSAN FRANCISCO (Reuters) – – Artificial intelligence data startup Turing, one of a growing number of companies that provide human trainers to AI labs, said Tuesday its revenue tripled to $300 million last year as it reached profitability.Palo...
(This Jan. 25 story has been refiled to add the missing words ‘some of’ in paragraph 9)ABOARD AIR FORCE ONE (Reuters) – U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a...
By Carolina MandlNEW YORK (Reuters) – The hedge fund industry ended 2024 with $4.51 trillion in assets under management, a 9.75% increase from the previous year, research firm HFR said on Friday.Total assets increased by $401.4 billion last year, the highest...
