Alibaba, ByteDance, and MoonShot are among the Chinese AI companies that released new models at the time of the Chinese New Year, accompanying the releases with special promotions and premiums to lure new users and upgrades from current customers.
Author: admin (Kendrick Williams)
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CHINESE AI’S “ATTACKED” ANTHROPIC’S CLAUDE AI, COMPANY CLAIMS
Chinese AI developers DeepSeek, Minimax, and MoonShot have made “industrial-scale distillation attacks” on Claude, Anthropic’s AI that has become increasingly popular among businesses, the U.S. firm has claimed.
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SPOTLIGHT: BIGS GETTING BIGGER
Four investment managers have pooled resources to buy AES, a Virginia-based electric power producer operating in 14 countries.
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DESPITE TARIFFS, U.S. TRADE DEFICIT REMAINS NEAR RECORD LEVEL
A key purpose of Donald Trump’s tariffs was to minimize, or even eliminate, the U.S. trade deficit.
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OPEC+ BOOSTS OIL OUTPUT MODESTLY AS MARKET TIGHTENS
On 1 March, OPEC+ agreed to add 206,000 barrels a day to the world’s oil supply, beginning next month, to offset the effective shutdown of the Strait of Hormuz, a 21-mile-wide throat of water that connects the Persian Gulf to the Red Sea off the Iranian coast.
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FEARING AI, TOP EARNERS CLING TO THEIR JOBS
Job worries among American workers are close to a record high, a new poll by the Federal Reserve Bank of New York discovered.
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FINANCIAL STOCKS STUMBLE OVER FEARS IN CREDIT MARKET
Bank and asset management stocks took a beating recently after investors panicked over threats that AI will usurp financial advisory services.
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K-SHAPED ECONOMY DIVIDES THE GROCERY BUSINESS
In the way that the K-shaped economy is winnowing the middle class into haves and have-nots, it also is forcing the food business to rethink its sales strategy.
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WHOLESALE PRICES ROSE MORE THAN EXPECTED IN JANUARY
The Producer Price Index (PPI), a measure of what producers charge retailers for their products, climbed 0.5 percent in January from December, vaulting past the 0.3 percent consensus forecast by economists in a Dow Jones survey.