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During his confirmation hearing for Commerce Secretary, Howard Lutnick called the CHIPS Act an "excellent down payment" but pledged to review binding awards (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg : During his confirmation hearing for Commerce Secretary, Howard Lutnick called the CHIPS Act an “excellent...

25 January 2025

DeepSeek, which started as a deep-learning research branch of Chinese quant hedge fund High-Flyer, is now giving US AI giants a run for their money (Zeyi Yang/Wired)

Zeyi Yang / Wired:
DeepSeek, which started as a deep-learning research branch of Chinese quant hedge fund High-Flyer, is now giving US AI giants a run for their money  —  When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent.

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