The FinTech Hub
Source: Live Mint The surge also comes exactly five years after India imposed a nationwide pandemic lockdown, a day when the Nifty saw losses since the start of the month touch 33%. On Monday, the Nifty rose 1.32% to 23,658.35, while the Sensex rallied 1.4% to 77984.38. However, the Sensex fell short of erasing its…
Source: Live Mint Tencent Holdings Ltd. unveiled an upgraded AI reasoning model, the latest bid by China’s most valuable company to compete for leadership in the country’s crowded artificial intelligence field. The Shenzhen-based company rolled out the latest iteration of Hunyuan T1, which debuted last month in its chatbot app Yuanbao. T1 operates similarly to…
Source: Live Mint However, the narrative is shifting. After a strong start to 2025, US equity markets have hit turbulent waters. Tariff concerns loom large as President Donald Trump imposes fresh trade barriers and threatens more, with no clear resolution in sight. Consumer sentiment has been the biggest casualty of this uncertainty, with surveys showing…
Source: Live Mint Over the past 10 years, the Shanghai SE Composite Index rose just 2.5%. However, the Chinese government’s stimulus measures to boost domestic consumption and DeepSeek’s AI model lifted the sentiment. China’s benchmark index has delivered 12.55% returns over the past one year compared with a 1.8% rise in the Nifty 50 during…
Source: Live Mint Supply Lines is a daily newsletter that tracks global trade. . China said it will impose retaliatory tariffs on imports of rapeseed oil, pork and seafood from Canada as the trade war escalates. There will be a 100% tariff on rapeseed oil, rapeseed meal and pea products, and a 25% levy on pork…
Source: Live Mint Grok 3 launch LIVE Updates: Elon Musk’s xAI is all set to release Grok 3 chatbot today. Elon Musk has described Grok 3 as the “smartest AI on Earth.” The live demo of Grok 3 is expected to be held at 10.00 am IST on Tuesday, February 18. The Grok AI chatbot…
Source: Live Mint I’m sure you’ve been looking at the announcements that India has made on its AI program. You were here sometime back and you made these comments—about how India was better off not trying to do its own frontier model—that became controversial. Has your view changed? And do you think the Indian AI…
Source: Live Mint South Korea’s industry ministry has become the latest government to restrict access to the Chinese artificial intelligence startup DeepSeek, citing security concerns. The ministry issued a temporary ban on employee access to the AI service, urging ministries and agencies to exercise caution when using generative AI technologies like DeepSeek and ChatGPT. This…
Source: Live Mint In the ever-evolving world of artificial intelligence, a new player has emerged that is sending shockwaves through Silicon Valley and beyond. DeepSeek, a Chinese startup founded just over a year ago, has developed an AI model that is offering startlingly comparable performance to industry giants like OpenAI’s ChatGPT and Google’s Gemini, but…
Source: Live Mint Chinese AI startup DeepSeek has challenged the dominance of top AI companies with its latest large language models, which offer similar performance to the latest offerings from Meta or OpenAI, but at a fraction of the cost. DeepSeek’s free app has also taken over ChatGPT on Apple’s App Store in several regions…
