The FinTech Hub
Source: Live Mint Australia has banned all DeepSeek AI services from government systems and devices, citing national security risks. The decision makes Australia one of the first nations to take direct action against the Chinese artificial intelligence start-up, which has rapidly gained global attention. Home Affairs Minister Tony Burke announced the ban on Tuesday, stating…
Source: Live Mint The landscape of generative AI is evolving rapidly, with companies racing to build more efficient, capable, and accessible models. Among the latest entrants, Mistral Small 3, Alibaba’s Qwen2.5-Max, and DeepSeek R1 are vying for dominance alongside OpenAI’s established ChatGPT. Each model presents a unique approach to AI and used cases. Mistral Small…
Source: Live Mint Perplexity AI has announced that Chinese AI startup DeepSeek’s R-1 reasoning model is now available to use for deep web research on its platform. The Aravind Srinivas led company stated that it is increasing the number of uses for both free and paid users as it adds more capacity. “DeepSeek R1 is…
Source: Live Mint US President Donald Trump has reacted to the DeepSeek panic surrounding the US markets calling the Chinese AI app ‘positive’ and a wake up call for the US industry. Speaking to a Republican congressional retreat in Miami, Trump said, “Hopefully, the release of DeepSeek AI from a Chinese company should be a…
