Nvidia CEO Says DeepSeek Impact Analysis Wrong, More Gear Needed
Chief Executive Officer Jensen Huang said that concerns caused by Chinese startup DeekSeek's R1 AI model — that fewer chips and powerful servers would be needed for such software in the future — were misplaced.
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The Hill
19 minutes ago
- The Hill
Trump eyes Intel stake
Lutnick indicated the money for the stake would come from previously allocated Biden-era funding. Media reports have suggested the government is considering a 10 percent stake using CHIPS and Science Act grants. 'The president figures out that we should get, America should get the benefit of the bargain,' he told CNBC's 'Squawk Box.' 'I mean, that is exactly Donald Trump's perspective, which is, why are we giving a company worth $100 billion this kind of money?' he continued. 'What is in it for the American taxpayer? And the answer Donald Trump has is we should get an equity state for our money.' 'So we'll deliver the money which was already committed under the Biden administration,' Lutnick added. 'We'll get equity in return for it, get a good return for the American taxpayer instead of just giving grants away.' The Commerce secretary's comments come just less than two weeks after President Trump called on Intel CEO Lip-Bu Tan to resign. The president accused Tan of being 'highly conflicted' following Sen. Tom Cotton's (R-Ark.) letter to the company, voicing concerns about the CEO's investments in Chinese companies and his previous role at Cadence Design Systems. The software firm recently pleaded guilty to violating export controls by selling chip design technology to a Chinese military university during Tan's tenure. However, Trump changed his tone after meeting with Tan last week, and reports began emerging that the administration was considering taking a stake in the company. 'The meeting was a very interesting one. His success and rise is an amazing story,' Trump said in a post on Truth Social. 'Mr. Tan and my Cabinet members are going to spend time together, and bring suggestions to me during the next week.'
Yahoo
an hour ago
- Yahoo
World's first robot ‘could give birth to human baby'
The world's first humanoid robot surrogate could give birth to a live baby, scientists have claimed. Experts are developing technology that will mimic a pregnancy from conception to delivery, with the infant growing inside an artificial womb and receiving nutrients through a tube. After nine months, a live baby will be born, according to Dr Zhang Qifeng, who founded the company Kaiwa Technology, in the city of Guangzhou. Dr Zhang, a PHD graduate from Nanyang Technological University in Singapore, has claimed the technology is already in a 'mature stage'. He added: 'Now it needs to be implanted in the robot's abdomen so that a real person and the robot can interact to achieve pregnancy, allowing the fetus to grow inside'. A prototype of the humanoid is set to be sold for around £10,000 (100,000 yuan) next year. Reports in the Chinese media said that the humanoid has been designed to mimic the entire process of pregnancy, from the moment of conception to birth. However, the specifics on exactly how the egg and sperm are fertilised are currently unclear. For the entire gestation period, the infant will live inside the robot's body, although experts have not yet stated how the foetus will be implanted in the tech womb. The developing babies will be surrounded by artificial amniotic fluid to create a womb-like environment. Dr Zhang said the technology is not an entirely new concept, as scientists in the past have successfully kept premature lambs alive inside a 'biobag' for weeks. The innovation has already prompted a legal and ethical debate. Dr Zhang said he had already been in talks with Guangdong Province authorities to prepare drafts for policy and legislation. If successful, the science could revolutionise medical science and our notions of family and fertility. The humanoid could be seen as a tool to tackle rising rates of infertility in China, which has gone up from 11.9 per cent in 2007 to 18 per cent in 2020. 'Problematic' technology But some critics have condemned the 'problematic' technology, arguing that depriving a foetus of maternal connection is unethical and cruel. Chinese News outlet The Standard reported that some medical experts are sceptical over the technology's ability to replicate human gestation. The experts have allegedly stated that complex biological processes, such as maternal hormone secretion, cannot be duplicated by science. Andrea Dworkin, the radical feminist writer, has previously hit out at artificial womb technology for fears that it would result in 'the end of women'. Researchers from The Children's Hospital of Philadelphia published an article in 2022 in which they said that such technology might 'pathologise' pregnancy. However, some argue that artificial wombs could liberate women from pregnancy risks so that they would no longer have to endure the physical burden of carrying a baby.
Yahoo
an hour ago
- Yahoo
$617 Billion Fund Stampede: China Tech Is Back on the Menu
After spending much of the last year dodging China like a value trap, big-money managers are quietly changing their tune. HSBC's latest survey of nearly 300 emerging-market fundscollectively managing $617 billionshows that allocations to mainland China are climbing again, now making up nearly 28% of portfolios. That's a solid jump from 22.5% a year ago. While funds as a whole are still underweight China by 340 basis points, the gap has narrowed by 60 basis points just since April, suggesting sentiment could be stabilizing after a brutal stretch. Warning! GuruFocus has detected 2 Warning Signs with BABA. Part of that shift comes down to performance. Chinese equities are stringing together their fourth consecutive month of gains, helped by renewed enthusiasm around the country's AI ambitions. Generative AI optimism in early 2025 sparked a fresh rally in tech names, and investors now seem more comfortable with how Beijing is navigating Trump-era tariffs. Fund managers are selectively leaning into this recovery, raising exposure to stocks like Alibaba (NYSE:BABA), Xiaomi, and EV giant BYD (BYDDF). Alibaba in particular has been one of the top contributors to the MSCI EM index this year, signaling its rebound might be more than just noise. But this isn't a blanket EM bet. Latin America remains a strong overweight, with MercadoLibre still a favorite across portfolios. Meanwhile, money is trickling back into South Korea following June's elections, while positions in Poland are being trimmed after a strong run. Still, the big story here is Chinaonce radioactive, now quietly clawing its way back into favor among the world's biggest stock pickers. The rotation is slow, maybe cautious. But it's happening. This article first appeared on GuruFocus.
