LLM

When Chinese AI lab Deepseek released a state-of-the-art large language model for free, it marked a turning point in enterprise AI strategy — especially for financial institutions. The move underscored a broader shift: the emergence of open-source AI as a serious contender to proprietary offerings...

On Tuesday, Chinese AI startup DeepSeek released its upgraded DeepSeek-V3-0324 model, enhancing reasoning and coding abilities. Available on Hugging Face, the model shows improved performance in technical benchmarks, intensifying competition with U.S. leaders like OpenAI and Anthropic. The updated...

Shares of Super Micro Computer Inc. (NASDAQ:SMCI) rose by 1.35% in premarket on Wednesday after the company announced an artificial intelligence server lineup with Nvidia Corp.’s (NASDAQ:NVDA) GPU support. However, the stock has slumped and its valuation has fallen since its 10-K filing on...

Apple Inc. (NASDAQ:AAPL) is reportedly developing a conversational AI-powered Siri to compete with OpenAI's ChatGPT and Alphabet Inc. subsidiary (NASDAQ:GOOG) (NASDAQ:GOOGL) Google’s Gemini Live voice assistant. What Happened: The new version of Siri will leverage large language models to...

China’s leading internet company Tencent (OTC:TCEHY) and AI firm iFlytek have significantly reduced the prices of their large-language models (LLMs). What Happened: Tencent’s cloud unit announced that the “lite” version of its LLM, “Hunyuan,” is now free, with...

Japanese tech giant SoftBank Group Corp (OTC:SFTBY) has announced its plans to invest a significant sum in the development of an advanced artificial intelligence (AI) model, leveraging NVIDIA Corp (NASDAQ:NVDA) chips. What Happened: SoftBank is set to invest a whopping $960 million over the next...

Elon Musk has been accused of attempting to “blackmail” investors into giving him more control over Tesla Inc (NASDAQ:TSLA) by a long-time Tesla bull, Ross Gerber. What Happened: In an interview with CNBC on Tuesday, Gerber criticized Musk’s recent comments about increasing his...

Japanese e-commerce heavyweight Rakuten has announced its plans to introduce an in-house artificial intelligence (AI) language model in the coming two months. What Happened: During a recent discussion with CNBC, Hiroshi “Mickey” Mikitani, the CEO of Rakuten, shed light on the company...

On Tuesday, Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg announced plans to make the company’s latest and most advanced AI technology available to developers and software enthusiasts around the world free of charge, a move that could potentially help Meta compete with rivals like...

Artificial intelligence (AI) is revolutionizing the tech space, as ChatGPT's overnight success sheds light on the prowess of this next-gen technology. The tech sector has already demonstrated a fast-paced recovery from last year's low, with the tech-heavy Nasdaq Composite Index up 30.8% year to...

Every year, Alphabet Inc.'s Google hosts an annual developer conference that attracts millions of eyeballs from one side of the globe to the other. This year, with the expectation for plenty of artificial intelligence (AI)-related updates and developments, there's even more buzz around the event....

Palantir Technologies Inc. (NYSE:PLTR) CEO Alex Karp touched on the importance of large language models, or LLMs, at the company's first-quarter earnings conference call on Monday. What Happened: Karp said that the LLM revolution was one that "will raise ships and sink ships." Talking about...