Latest news with #LuzDing
Bloomberg
20 hours ago
- Business
- Bloomberg
Labubu Mania Breathes New Life Into Chinese Consumers
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Luz Ding reports on the experience of China's big summer shopping festival, which was dominated by a homegrown global sensation. Bracing for 'low-level' cyberattacks: US officials are warning businesses to prepare for potential Iranian cyberattacks following American strikes on Iranian nuclear sites.
Bloomberg
25-04-2025
- Business
- Bloomberg
Chinese Electronics Makers Shrug, Joke and Wait for Tariff Chaos to Pass
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Luz Ding reports on the mood about the economy, tariffs and a potential trade war at a major exhibition for Chinese electronics companies in Hong Kong. SK Hynix's consternation: Memory maker SK Hynix warned that the US tariffs are increasing uncertainty among semiconductor customers despite strong demand from the biggest tech companies.
Bloomberg
09-04-2025
- Business
- Bloomberg
Lenovo's Solar-Powered Laptop Could One Day Be a Real Product
By Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, longtime energy reporter Luz Ding looks at Lenovo's solar-powered concept PC and sees the potential for meaningful innovation. Apple's India manufacturing: Apple exported more than 1.5 trillion rupees ($17.4 billion) in iPhones from India in the last fiscal year, the nation's technology minister said Tuesday, underscoring the US company's efforts to diversify away from China.
Yahoo
25-02-2025
- Business
- Yahoo
DeepSeek reopens access to AI model as Chinese rivalry escalates
(Bloomberg) — DeepSeek has reopened access to its core programming interface after nearly a three-week suspension, resuming a service key to wider adoption of an AI model that's proven remarkably popular since its emergence last month. Trump Targets $128 Billion California High-Speed Rail Project Trump Asserts Power Over NYC, Proclaims 'Long Live the King' NYC's Congestion Pricing Pulls In $48.6 Million in First Month NYC to Shut Migrant Center in Former Hotel as Crisis Eases As Visitors Discover Ghent, the City Is Trying to Prevent a Tourism Takeover The 20-month-old Chinese startup, which stunned Silicon Valley and markets in January with an AI platform that rivals OpenAI's, said it's again allowing customers to top up credits for use on its application programming interface. DeepSeek suspended top-ups in early February because of capacity shortages. While those have now resumed, server resources will remain strained during the daytime, a DeepSeek representative said in a verified company group chat on WeChat. DeepSeek resumed top-ups the same day that Alibaba Group Holding Ltd. (BABA) launched a preview of its latest model, QwQ-Max, underscoring the deepening competition within China's nascent AI industry. Alibaba pledged this week to invest $53 billion over three years to bolster its cloud computing and AI infrastructure, in a major pivot for the e-commerce pioneer. On Tuesday, Alibaba declared plans to open-source QwQ-Max, intensifying competition with DeepSeek as well as other developers from Baidu Inc. (BIDU) to startups like Zhipu. DeepSeek's arrival reinvigorated the Chinese tech scene and triggered a rally in mainland and Hong Kong stocks. Its services have been overwhelmed with demand since unveiling an artificial intelligence chatbot that it says can rival OpenAI's ChatGPT and was developed at a fraction of the cost of competing products. Its models have since been adopted by a plethora of Chinese firms across multiple industries, even as foreign governments from Australia to the US move to block its usage over security concerns. Last week, DeepSeek said it plans to release key code and data to the public, an unusual step to share more of its core technology than rivals such as OpenAI have done. That potentially escalates a race between the US and China to develop ever more advanced AI models. —With assistance from Luz Ding. Walmart Wants to Be Something for Everyone in a Divided America Meet Seven of America's Top Personal Finance Influencers Why Private Equity Is Eyeing Your Nest Egg Can Dr. Phil's Streaming Makeover Find an Audience in the MAGA Era? Anthony Levandowski Keeps on Truckin' ©2025 Bloomberg L.P. Sign in to access your portfolio
