Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over America’s technological dominance. Buzz grew over the weekend about DeepSeek’s latest AI model being cost-effective while running on less-advanced chips, casting doubt on the validity of the sky-high valuations for companies like Nvidia Corp. Nvidia has led the global AI stock boom as its …
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Bitcoin’s price slipped below $100,000 on Monday, down from its all-time high of nearly $110,000 earlier this month, as markets reacted to the rising prominence of Chinese AI app DeepSeek. Earlier, it was known that Chinese AI startup DeepSeek climbed to the top of Apple’s App Store rankings in the US with its flagship R1 …
China is spending vast amounts of money on artificial intelligence and quantum computers. For example just their government quantum computer program is budgeted at $15 billion a year. By way of example the US government has no organized program. Only budgeting grants to universities and researches a paltry$1 billion dollars a year for quantum computer …
Israeli Foreign Minister Gideon Sa’ar thanked on Sunday United States President Donald Trump for resuming the supply of 900 kg bombs to Israel. He praised Trump’s “display of leadership,” stating that the bombs, whose delivery was halted by the Biden administration, are a “crucial defense shipment.” “The region is safer when Israel has what it …
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Trump wants Jordan and Egypt to accept more Palestinian refugees and floats plan to ‘clean out’ Gaza ABOARD AIR FORCE ONE (AP) — President Donald Trump said Saturday he would like to see Jordan, Egypt and other Arab nations increase the number of Palestinian refugees they are accepting from the Gaza Strip, potentially moving out enough …
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United States President Donald Trump told reporters that he’s releasing the United States’ hold on the supply of 900kg bombs to Israel. “We released them. We released them today. And they’ll have them. They paid for them and they’ve been waiting for them for a long time. They’ve been in storage,” Trump said. When asked …
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Russian President Vladimir Putin said he’s ready to discuss crude oil prices and other energy issues at a face-to-face meeting with US leader Donald Trump. Both Russia and the US are top global oil producers and consumers, Putin said in an interview with state-owned Rossiya 24 TV. Price movements in the commodity impacts both economies, …
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Hamas freed four female Israeli unarmed observers in their twenties in Gaza City, handing them over to the Red Cross. The women had been held captive for 477 days. Israel frees 70 Palestinian convicted murders Three buses carrying released Palestinian prisoners left Israel’s Ofer Prison on Saturday, heading toward Beitunia in the occupied West Bank. The …
There are at least nine active fires in Southern California, where red flag warnings were extended through Friday morning. President Trump toured the wildfire devastation in Los Angeles on Friday afternoon, pledging to work with Gavin Newsom, the state’s Democratic governor, to address recovery efforts. “We want to get it fixed. We want to get …
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Pete Hegseth will become the next secretary of defense after a Senate majority confirmed President Donald Trump’s choice despite his lack of high-level experience and allegations — which he denied — of alcohol abuse, sexual misconduct and financial mismanagement of organizations he previously led. The move by the Republican-controlled Senate was a testament to Trump’s …