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Canadian industry likely harmed by dumped steel strapping from China, three others, tribunal finds

Canadian industry likely harmed by dumped steel strapping from China, three others, tribunal finds

Reuters10-07-2025
OTTAWA, July 10 (Reuters) - The Canadian International Trade Tribunal has determined there is reasonable indications China, South Korea, Turkey and Vietnam have dumped steel strapping, harming Canada's domestic industry, the tribunal said on Thursday.
The tribunal, an independent quasi-judicial body that reports to the Canadian parliament, also found indications that steel strapping from China was subsidized.
The findings were the result of an inquiry related to dumping and subsidizing investigations by the Canada Border Services Agency, which will issue preliminary determinations by August 8, the tribunal said in a statement.
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It shocked the US market but has China's DeepSeek changed AI?
It shocked the US market but has China's DeepSeek changed AI?

BBC News

time3 hours ago

  • BBC News

It shocked the US market but has China's DeepSeek changed AI?

US President Donald Trump had been in office scarcely a week when a new Chinese artificial intelligence (AI) app called DeepSeek jolted Silicon DeepSeek-R1 shot to the top of the Apple charts as the most downloaded free app in the firm said at the time its new chatbot rivalled ChatGPT. Not only that. They asserted it had cost a mere fraction to claims – and the app's sudden surge in popularity – wiped $600bn (£446bn) or 17% off the market value of chip giant Nvidia, marking the largest one-day loss for a single stock in the history of the US stock other tech stocks with exposure to AI were caught in the downdraft, also cast doubt on American AI dominance. Up until then, China had been seen as having fallen behind the US. Now, it seemed as though China had catapulted to the capitalist Marc Andreessen referred to the arrival of DeepSeek-R1 as "AI's Sputnik moment," a reference to the Soviet satellite that had kicked off the space race between the US and the USSR more than a half century earlier. Still relevant It has now been six months since DeepSeek stunned the China's breakthrough app has largely dropped out of the headlines. It's no longer the hot topic at happy hour here in San Francisco. But DeepSeek hasn't challenged certain key assumptions about AI that had been championed by American executives like Sam Altman, CEO of ChatGPT-maker OpenAI."We were on a path where bigger was considered better," according to Sid Sheth, CEO of AI chip startup maxing out on data centres, servers, chips, and the electricity to run it all wasn't the way forward after DeepSeek ostensibly not having access to the most powerful tech available at the time, Sheth told the BBC that it showed that "with smarter engineering, you actually can build a capable model".The surge of interest in DeepSeek took hold over a weekend in late January, before corporate IT personnel could move to stop employees from flocking to organisations caught on the following Monday, many scrambled to ban workers from using the app as worries set in about whether user data was potentially being shared with the People's Republic of China, where DeepSeek is while exact numbers aren't available, plenty of Americans still use DeepSeek Silicon Valley start-ups have opted to stick with DeepSeek in lieu of more expensive AI models from US firms in a bid to cut down on investor told me for cash-strapped firms, funds saved by continuing to use DeepSeek are helping to pay for critical needs such as additional headcount. They are, however, being careful. In online forums, users explain how to run DeepSeek-R1 on their own devices rather than online using DeepSeek's servers in China - a workaround they believe can protect their data from being shared surreptitiously."It's a good way to use the model without being concerned about what it's exfiltrating" to China, said Christopher Caen, CEO of Mill Pond Research. US-China rivalry DeepSeek's arrival also marked a turning point in the US-China AI rivalry, some experts say. "China was seen as playing catch-up in large language models until this point, with competitive models but always trailing the best western ones," policy analyst Wendy Chang of the Mercator Institute for China Studies told the BBC.A large language model (LLM) is a reasoning system trained to predict the next word in a given sentence or phrase. DeepSeek changed perceptions when it claimed to have achieved a leading model for a fraction of the computational resources and costs common among its American had spent $5bn (£3.7bn) in 2024 alone. By contrast, DeepSeek researchers said they had developed DeepSeek-R1 – which came out on top of OpenAI's o1 model across multiple benchmarks – for just $5.6m (£4.2m). "DeepSeek revealed the competitiveness of China's AI landscape to the world," Chang AI developers have managed to capitalize on this shift. AI-related deals and other announcements trumpeted by the Trump administration and major American tech companies are often framed as critical to staying ahead of AI czar David Sacks noted the technology would have "profound ramifications for both the economy and national security" when the administration unveiled its AI Action Plan last month."It's just very important that America continues to be the dominant power in AI," Sacks has never managed to quell concerns over the security implications of its Chinese US government has been assessing the company's links to Beijing, as first reported by Reuters in June.A senior US State Department official told the BBC they understood "DeepSeek has willingly provided, and will likely continue to provide, support to China's military and intelligence operations".DeepSeek did not respond to the BBC's request for comment but the company's privacy policy states that its servers are located in the People's Republic of China."When you access our services, your Personal Data may be processed and stored in our servers in the People's Republic of China," the policy says. "This may be a direct provision of your Personal Data to us or a transfer that we or a third-party make." A new approach? Earlier this week, OpenAI reignited talk about DeepSeek after releasing a pair of AI were the first free and open versions – meaning they can be downloaded and modified - released by the American AI giant in five years, well before ChatGPT ushered in the consumer AI era."You can draw a straight line from DeepSeek to what OpenAI announced this week," said d-Matrix's Sheth. "DeepSeek proved that smaller, more efficient models could still deliver impressive performance—and that changed the industry's mindset," Sheth told the BBC. "What we're seeing now is the next wave of that thinking: a shift toward right-sized models that are faster, cheaper, and ready to deploy at scale."But to others, for the major American players in AI, the old approach appears to be alive and days after releasing the free models, OpenAI unveiled GPT-5. In the run-up, the company said it significantly ramped up its computing capacity and AI infrastructure.A slew of announcements about new data centre clusters needed for AI has come as American tech companies have been competing for top-tier AI CEO Mark Zuckerberg has ploughed billions of dollars to fulfil his AI ambitions, and tried to lure staff from rivals with $100m pay fortunes of the tech giants seemed more tethered than ever to their commitment to AI spending, as evidenced by the series of blowout results revealed this past tech earnings shares of Nvidia, which plunged just after DeepSeek's arrival, have rebounded – touching new highs that have made it the world's most valuable company in history."The initial narrative has proven a bit of a red herring," said Mill Pond Research's are back to a future in which AI will ostensibly depend on more data centres, more chips, and more power. In other words, DeepSeek's shake-up of the status quo hasn't what about DeepSeek itself?"DeepSeek now faces challenges sustaining its momentum," said Marina Zhang, an associate professor at the University of Technology due in part to operational setbacks but also to intense competition from companies in the US and China, she notes that the company's next product, DeepSeek-R2, has reportedly been delayed. One reason? A shortage of high-end chips. Sign up for our Tech Decoded newsletter to follow the world's top tech stories and trends. Outside the UK? Sign up here.

Angela Rayner accused of playing 'catch-up' over new Chinese mega-embassy after being 'spooked' by national security concerns
Angela Rayner accused of playing 'catch-up' over new Chinese mega-embassy after being 'spooked' by national security concerns

Daily Mail​

time4 hours ago

  • Daily Mail​

Angela Rayner accused of playing 'catch-up' over new Chinese mega-embassy after being 'spooked' by national security concerns

faced claims last night that she had only raised questions over the new Chinese mega-embassy after being 'spooked' by briefings over national security concerns. The Deputy Prime Minister has demanded Beijing provides additional information after the blueprints contained blacked-out drawings. Several rooms on planning documents submitted to Tower Hamlets Council, including the basement area, have been marked 'redacted for security reasons'. A letter sent from Ms Rayner's department has given the embassy a two-week deadline to supply unredacted drawings and explain the reasons for not showing them. The move marked a change in tone for the Government over the embassy, amid fears that despite warnings of an espionage risk, Labour would agree to the plan. But a well-placed source told The Mail on Sunday that Ms Rayner has been 'spoken to' by the security services, who had flagged concerns over the application. The source claimed the advice had forced the Deputy PM to at least ask more questions over what would be the biggest embassy complex in Europe. The Royal Mint Court site, near London's financial district, has sparked fears it will include 'spy dungeons' in the heart of the City. Last week, it emerged that Ms Rayner, who is also in charge of local government and housing, had given China the two-week deadline to explain the mystery. The source said: 'There is a tribe in the Foreign Office who think we should be closer to China. They think that lots of good things would happen – diplomatically, with investment – if we were to green-light the embassy.' But the source added: 'Now other voices are saying there are a lot of reasons to be cautious, including that the Chinese are not being as open as we would like about the planning. They have spoken to her, and Rayner's been spooked.' A Government source responded by saying they could not comment on planning matters. Ms Rayner also faced claims that she was 'politicising' the issue. Shadow Housing Secretary James Cleverly said: 'Everything she does, and every decision she makes, she sees through the prism of her leadership ambitions. 'The Government rushed to try and please the Chinese Communist party, including making big announcements about this embassy. They clearly didn't ask the serious questions about its size, scale and use – and they're clearly trying to play catch-up.' In an interview to be released today, Reform deputy leader Richard Tice told the Latika Takes podcast: 'I don't think we should be accepting their new proposed embassy in the heart of the City of London.' The Chinese Embassy said last week that it took 'into full consideration' the UK's planning policy when it submitted the application.

The Military Wants to Find the Best Ways To Destroy a Tesla Cybertruck
The Military Wants to Find the Best Ways To Destroy a Tesla Cybertruck

Auto Blog

time9 hours ago

  • Auto Blog

The Military Wants to Find the Best Ways To Destroy a Tesla Cybertruck

By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. View post: Hyundai's Next EV Could Be Its Cheapest Yet — Everything We Know So Far The 2026 Dodge Durango brings back the Hemi V8 across all trims, adds a 710-hp Hellcat Jailbreak with 6M+ combos, and starts under $43K for AWD V8 power. Tesla CEO Elon Musk initially promised that the new Cybertruck would be bulletproof and apocalypse-ready, but he probably wasn't planning for them to be used as target practice for the military. The U.S. Air Force is reportedly looking for two Cybertrucks to use as targets for precision guided weapons. Another Chinese automaker is taking the fight to Tesla Watch More The USAF chose Cybertrucks because it said there's a possibility future adversaries could be driving one. The Tesla is one of 33 different vehicles being sought for use by the Air Force Testing Center at the White Sands Missile Range in New Mexico. That said, the Cybertruck is the only model listed by name, with others being generic sedans, trucks, and SUVs. The Air Force's order documents state that the Cybertruck's 'aggressively angular and futuristic design, paired with its unpainted stainless steel exoskeleton, sets it apart from competitors typically using painted steel or aluminum bodies. Additionally, its 48V electrical architecture provides superior power and efficiency, a feature that rivals are only beginning to develop. Extensive internet searches and industry outreach by [redacted] found no vehicles with features comparable to those of the Cybertruck.' While we don't know if the military has some intelligence suggesting that insurgents are snapping up Tesla Cybertrucks, it makes sense that it would want to figure out the best ways to destroy one in case that did happen. Plus, Tesla likely won't be unhappy to sell some Cybertrucks, even if it's only two, and even if they're only being purchased to be shot at. After hearing claims that the truck was indestructible, the internet went to work proving that it wasn't. Many YouTubers and other personalities tested the trucks with crossbows, rifles, and all manner of other firearms, and it stood up to most of the punishment surprisingly well. Of course, it's not actually indestructible, as some have shown that doing 'real' truck stuff causes problems in a hurry. About the Author Chris Teague View Profile

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