China’s BYD Registers Record Annual Revenue, Beats Tesla

[ad_1] Beijing: Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and beating rival Tesla as the Shenzhen-based firm accelerates its overseas expansion. BYD has emerged in recent years as the clear leader in China’s highly competitive electric vehicle market, which is the largest…

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US Commerce Department Bans China’s DeepSeek On Government Devices: Report

[ad_1] Washington: U.S. Commerce department bureaus informed staffers in recent weeks that Chinese artificial intelligence model DeepSeek is banned on their government devices, according to a message seen by Reuters and two people familiar with the matter. “To help keep Department of Commerce information systems safe, access to the new Chinese based AI DeepSeek is…

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China’s Baidu Releases 2 New, Free AI Models To Compete With DeepSeek

[ad_1] Beijing, China |: Chinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made its AI chatbot services free as ferocious competition grips the sector. Technology companies in China have been scrambling to release improved AI platforms since start-up DeepSeek shocked its rivals with its open source and highly cost-efficient…

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