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HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank (Akila Quinio/Financial Times)

Akila Quinio / Financial Times : HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking ...

23 January 2025

A profile of Chinese AI lab DeepSeek, which says its new open-source DeepSeek-V3 model rivals US models while using fewer AI chips to train, costing just $6M (New York Times)

New York Times:
A profile of Chinese AI lab DeepSeek, which says its new open-source DeepSeek-V3 model rivals US models while using fewer AI chips to train, costing just $6M  —  The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.

Posted from: this blog via Microsoft Power Automate.

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