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Huawei chips are powering DeepSeek AI

The AI wars are heating up with DeepSeek, a Chinese AI model that claims to surpass US competitors significantly when it comes to cost efficiency. Its open-source chatbot has propelled the app to the top position in the App Store…

Joe Lonsdale’s 8VC seeking $1B for new fund

8VC, a venture firm led by Palantir founder Joe Lonsdale, is seeking nearly $1 billion for its sixth fund, according to a regulatory filing. The Austin-based firm’s latest fund aims to raise nearly 14% more than its previous $880 million…