DeepSeek AI: Why US and Australia call it a security risk
DeepSeek, a chatbot developed by a Hangzhou-based startup, has rapidly emerged as a formidable competitor in the AI industry, long dominated by Western tech giants
DeepSeek, a chatbot developed by a Hangzhou-based startup, has rapidly emerged as a formidable competitor in the AI industry, long dominated by Western tech giants
“They don’t actually have the money,” Musk wrote on his social media platform X. “SoftBank has well under $10B secured. I have that on good authority.”
This investment, first reported by CNBC, is similar to one from December 2016, when Son pledged a $50 billion investment and 50,000 jobs. Through the company’s venture capital arm, the Vision Fund, SoftBank ended up investing about $75 billion, CNN has learned. The total number of jobs created, given the Covid-19 impact on the country’s employment, is more difficult to tally.
Elon Musk Becomes First To Reach Net Worth Of $400 Billion