This morning, questions are swirling about the implications of Chinese start-up DeepSeek’s A.I. tools driving yesterday’s stock market plunge, challenging the closed-source models of OpenAI and Google. The consensus suggests DeepSeek’s rise has disrupted the A.I. race, potentially benefiting companies like Apple and Meta while raising concerns for Nvidia. With the emergence of lower-cost A.I. models, the industry landscape may shift, impacting software, hardware, and energy sectors. Additionally, Mark Zuckerberg’s evolving political stance and Microsoft’s potential involvement in buying TikTok are notable developments in the tech world.
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US inflation fell more than expected to 2.8% in February
US inflation fell to 2.8% in February, below expectations, prompting speculation of Federal Reserve interest rate cuts amid slowing economic growth. President Trump's tariffs have caused uncertainty and market volatility, with concerns over potential inflationary impacts. The Bank of Canada also cut rates due to trade tensions, while sectors like medical care and used cars saw price increases in February. Full Article
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