2025-01-27
DeepSeek AI impact hits Europe, sends ASML stock tumbling
Stunning AI advances from Chinese startup DeepSeek have sent tech stocks tumbling across the US and Europe. DeepSeek released a free chatbot and new open-source AI models last week. Within days, the chatbot had overtaken ChatGPT to reach the top spot on the Apple App Store’s free app rankings. The new R1 models sent further shockwaves through the AI world. R1 promised performance to rival OpenAI top’s reasoning model — at just a fraction of the cost. Marc Andreessen, one of the world’s most powerful VCs, called the release “AI’s Sputnik momen [...]
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2025-01-27
China’s DeepSeek AI assistant becomes top free iPhone app as US tech stocks take a hit
Chinese AI assistant DeepSeek has become the top rated free app on Apple's App Store in the US and elsewhere, beating out ChatGPT and other rivals. It's powered by the open-source DeepSeek V [...]
2025-02-06
US lawmakers want DeepSeek banned from government devices
Two US Congress members plan to introduce bipartisan legislation to ban China’s DeepSeek AI chatbot from government devices. The bill’s announcement came after a security expert said DeepSeek not [...]
2025-01-29
ASML rebounds from DeepSeek hit, expects AI advance to boost demand for chips
Shares in ASML have bounced back from the hit inflicted by DeepSeek’s AI advances. Celebrating the results, ASML predicted that the sudden emergence of low-cost models will boost demand for the firm [...]
2025-01-27
DeepSeek's AI Assistant from China has become the top free iPhone app
Chinese AI assistant DeepSeek has become the top rated free app on Apple's App Store in the US and elsewhere, beating out ChatGPT and other rivals. It's powered by the open-source DeepSeek V [...]
2025-01-29
China's DeepSeek AI hit by information request from Italy's data protection watchdog
China's DeepSeek AI has already caught the eye of a data protection watchdog, shortly after it went viral and became the top-rated free app on Apple's App Store in the US and other regions. [...]
2025-02-17
South Korea pauses downloads of DeepSeek AI over privacy concerns
DeepSeek, the massively popular Chinese AI assistant, has been temporarily unavailable from app stores in South Korea since February 15. A press release from the country’s data protection authority [...]
2025-04-11
Former ASML CEO: Deep tech will ‘make the impossible possible’
After steering Dutch chip giant ASML to become Europe’s most valuable tech firm, Peter Wennink is now focused on the next frontiers of deep tech. Wennink has already been involved in numerous breakt [...]
2025-03-24
SAP becomes Europe’s most valuable company, ASML holds fourth place
Just five months after surpassing ASML, German software giant SAP has overtaken Novo Nordisk to become Europe’s most valuable listed company. SAP’s shares rose 1.6% on Monday, bringing its market [...]