The FinTech Hub
Source: The Verge Stargate is a staggering power grab. OpenAI CEO Sam Altman has spent the past year seeking an absurd amount of computing power to train the company’s AI models — one report says Japanese officials literally laughed at the amount of electricity he demanded. The stakes were clear: without massive computing resources, OpenAI…
Source: The Verge On this episode of The Vergecast, we talk about all these angles and a few more, because DeepSeek is the story of the moment on so many levels. Nilay and David discuss whether companies like OpenAI and Anthropic should be nervous, why reasoning models are such a big deal, and whether all…
Source: Live Mint The battle of AI has taken the world by storm when DeepSeek became the topic of discussion across the globe. However, the latest move by Mistral AI with the release of Mistral Small 3 has added yet another layer of competition, offering a powerful open-source alternative to some of the leading proprietary…
Source: Live Mint South Korea’s data protection authority has announced it will seek clarification from Chinese tech startup DeepSeek regarding its handling of users’ personal information. This comes after the company unveiled its powerful new AI chatbot, the R1, which has raised concerns over data privacy and sparked turmoil in global tech markets. DeepSeek’s R1…
Source: Live Mint Google has officially launched Gemini 2.0 Flash, a significant upgrade designed to provide users with quicker responses and improved performance across various benchmarks. The latest iteration of the AI model is now available to all users via the Gemini web and mobile app, offering enhanced capabilities for everyday tasks such as brainstorming,…
Source: The Verge Google announced Thursday that the Gemini app is getting its Gemini 2.0 Flash AI model. The upgraded model “delivers fast responses and stronger performance across a number of key benchmarks, providing everyday help with tasks like brainstorming, learning or writing,” the company said in a post. The change is rolling out to…
Source: Live Mint DeepSeek has challenged big tech, proving AI can be efficient without costly graphics processing units (GPUs) or massive data centres. Now Microsoft is probing possible unauthorized access to OpenAI data by a group linked to DeepSeek. Are Chinese AI models just illegal copies? Can you explain this fuss over DeepSeek? AI lab…
Source: The Verge Meta CEO Mark Zuckerberg revealed sales figures for the company’s Ray-Ban smart glasses for the first time, telling employees that over 1 million units were sold in 2024. In remarks during an all-hands meeting seen by The Verge, Zuckerberg posed a question to staff about whether sales would go from 1 million…
Source: The Verge Tensions were high inside Meta ahead of Mark Zuckerberg’s first all-hands meeting of the year. Employee-submitted questions for the CEO touched on a couple of big themes: concerns about his announcement that “low-performers” would be let go on February 10th, his MAGA-fueled changes to Meta’s content moderation policies and DEI programs, and…
Source: Live Mint India is set to join the global AI race by launching foundational artificial intelligence (AI) models on the lines of OpenAI’s ChatGPT, Google’s Gemini, and China’s DeepSeek R1 over the next few months, according to the country’s IT minister. “The foundational models made in India will be able to compete with the…
