Top 500 Richest Lose £86.7B After DeepSeek AI Chatbot Launch Triggers AI Market Selloff

Top 500 Richest Lose £86.7B After DeepSeek AI Chatbot Launch Triggers AI Market Selloff

China’s DeepSeek AI is leading investors to question Silicon Valley’s dominance in AI. The Hangzhou-based company supposedly spent only £4.49 million to develop the chatbot, compared to billions spent by leading US AI companies. The DeepSeek AI chatbot challenges Silicon Valley’s narrative that high capital spending is necessary to build the most advanced AI models. … Read more

Perplexity’s new AI agent can perform multi-step tasks on your Android device

Perplexity’s new AI agent can perform multi-step tasks on your Android device

Perplexity announced Thursday that it is beginning to roll out an agentic AI for Android devices, called Perplexity Assistant, which will be able to independently take multi-step actions on behalf of its user. “We are excited to launch the Perplexity Assistant to all Android users,” Perplexity CEO Aravind Srinivas wrote in a post to X … Read more

Anthropic Claude: How to use the impressive ChatGPT rival

Anthropic Claude: How to use the impressive ChatGPT rival

Anthropic Though it may not capture as many headlines as its rivals from Google, Microsoft, and OpenAI do, Anthropic’s Claude is no less powerful than its frontier model peers. In fact, the latest version, Claude 3.5 Sonnet, has proven more than a match for Gemini and ChatGPT across a number of industry benchmarks. In this … Read more

Amazon invests US$2.75 billion more in OpenAI rival Anthropic to boost generative AI efforts

Amazon invests US.75 billion more in OpenAI rival Anthropic to boost generative AI efforts

Amazon.com says it is investing an additional US$2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence (AI) start-up and expand a partnership between the companies. The infusion brings Amazon’s total investment in Anthropic, a well-regarded builder of AI tools able to generate text and analysis, to US$4 billion, … Read more