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Xiaomi Maintains Over 20,000-EV Monthly Delivery as SU7 Ultra Ready on Sale

TMTPOST -- Xiaomi Corporation maintains stellar delivery growth of electric vehicle (EV) as SU7 Ultra, a hypercar variant of its first EV model SU7, is going to go on sale this month, further driving the delivery. Credit:Xiaomi Xiaomi Auto delivered more than 20,000 EVs in January, exceeding the 20,000-unit mark for the fourth consecutive month, the company said in a post on Chinese social media platform Weibo at weekend. The post stressed Xiaomi’s annual target of 300,000 vehicles in 2025, and added the company will keep expanding its capacity in the coming year. The 2025 target more than doubled as deliveries last year. Xiaomi‘s auto unit delivered more than 135,000 EVs for the full year 2024, meeting  its upgraded target of over 130,000 units.Xiaomi CEO Lei Jun said in No
Xiaomi Maintains Over 20,000-EV Monthly Delivery as SU7 Ultra Ready on Sale

Xpeng Shares Soar Over 10% as Delivery in January More than Triples

TMTPOST -- The American depositary receipts (ADRs) of Xpeng Inc. settled 8.4% higher to $16.99 on Tuesday. Shares hit their highest close since November 2023 and logged a 11.6% gains since the Chinese electric vehicle (EV) maker reported new record monthly delivery with a triple-digit growth rate. Credit:Xpeng Xpeng delivered 30,350 EVs in January, topping 30,000 units for three months a row. With a 268% increase year-over-year (YoY), Xpeng outpaced other domestic EV rivals that have released their deliveries recently. The Guangzhou-based company also overtook Li Auto Inc. as the best seller among emerging home-grown Chinese EV startups in January. Though the delivery shed 6,345 vehicles, or 17.3%, from that in the previous month, its fourth straight monthly record, the YoY surge more than
Xpeng Shares Soar Over 10% as Delivery in January More than Triples

China Announces Tit-for-Tat Tariffs and Hints Room for Actions Targeting US

TMTPOST -- China announced on Tuesday countermeasures against new U.S. tariffs while hinting room for target actions as the Trump administration is igniting new trade war.Credit:People's DailyIn response to the latest U.S. unilateral tariff hike that seriously violates the rules of the World Trade Organization (WTO), China will implement additional tariffs on certain U.S. products starting from February 10, or next Monday, the Customs Tariff Commission of the State Council said in a statement on Tuesday. An additional 15% tariff will be imposed on imported coal and liquefied natural gas originating from the United States, and crude oil, agricultural machinery, automobiles with large displacement, and pickup trucks will be subject to additional tariffs of 10%, per the statement.For the targ
China Announces Tit-for-Tat Tariffs and Hints Room for Actions Targeting US
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02-04 10:27

Trump Agrees to Delay Extra Tariffs on Mexico and Canada, Plans to Talk with China as New Tariffs...

TMTPOST --  U.S. President Donald Trump agreed to delay implementation of additional tariffs on Mexico and Canada after his phone calls with leaders of these neighbour countries on Monday. In the meantime, the president plans to talk with another major trade partner China about the looming extra tariffs. Credit:China Central Television In a post on Monday on his social media platform Truth Social, Trump said he and Mexican President Claudia Sheinbaum agreed to immediately pause the anticipated U.S. tariffs for one month after both had a “very friendly conversation”, wherein Sheinbaum agreed to immediately supply 10,000 Mexican Soldiers on the border to stop the flow of fentanyl, and illegal migrants into the United States. During the one-month period, the Trump administration and
Trump Agrees to Delay Extra Tariffs on Mexico and Canada, Plans to Talk with China as New Tariffs...

US Reported to Investigate If DeepSeek Bypasses Export Curbs on Nvidia Chips

TMTPOST --  The U.S. government is investigating whether Chinese artificial intelligence (IT) upstart DeepSeek has bypassed export controls on advanced chips made by Nvidia Corporation to power its tech innovations that stunned both Silicon Valley and Washington, recent reports suggested. Credit:Freepik The U.S. Department of Commerce is investigating whether Deepstart has been using American chips that are banned from export to China, Reuters cited  people familiar with the matter on Friday. It was said that chip smuggling to China has been tracked out of countries including Malaysia, Singapore and the United Arab Emirates. Following Reuters, Bloomberg learned from people familiar with the matter that the Commerce Department is looking into if DeepSeek obtained advanced Nvidia c
US Reported to Investigate If DeepSeek Bypasses Export Curbs on Nvidia Chips

China Warns Japan over Tighter Export Controls on Chips

TMTPOST -- Beijing on Friday issued a serious warning about Japanese government’s plan to tighten export controls as the U.S. and its allies are attempting further their high-tech curbs on China. Credit:Tokyo Electron Japan's planned export controls on semiconductors will disrupt normal trade between Chinese and Japanese enterprises and damage the interests of businesses in both countries, said spokesperson for the Ministry of Commerce of China (MOFCOM) in a statement on Friday. "For some time, a few countries have generalized the concept of national security and abused export control measures to suppress China's semiconductor and other industries," the spokesperson said.  The spokesperson urged Japan to listen to the rational voices of the industry, promptly rectify its actions, prev
China Warns Japan over Tighter Export Controls on Chips

DeepSeek Falls Short of Shaking the De Facto U.S.-China AI Landscape

TMTPOST --- Currently, the most discussed topic in the tech world is undoubtedly the DeepSeek. The internet is filled with various technical and financial analyses. Here, I would like to share some personal insights in the hope of providing a clearer perspective. The Path of Technological Innovation  Having worked in Silicon Valley for 40 years, I have gained a profound understanding of technological innovation. Technological innovation is like a pioneer searching for a gold mine in a vast mountain range. Although some point out that there are gold mines in the mountains, the exact locations remain unknown. As a result, many explorers rush in, each searching in different directions. Looking back at the development of artificial intelligence, from the breakthrough in image recognition
DeepSeek Falls Short of Shaking the De Facto U.S.-China AI Landscape

OpenAI Reportedly in Talks to Raise $40 Billion at $340 Billion Valuation, Led by SoftBank

TMTPOST -- OpenAI is said to mull another several billions of dollar of funding round to ramp up artificial intelligence (AI) development and support infrastructure in the sector. Credit:Freepik OpenAI is in talks to raise up to $40 billion in a new funding round led by SoftBank Group Corp., which is discussing to invest between $15 billion and $25 billion, The Wall Street Journal cited people familiar with the matter on Thursday. The reported talks are in an early stage and remained fluid. The round would value OpenAI up to $340 billion while the source said newer negotiations cut the valuation to as high as $300 billion, per the report.   The $300 billion was said to be a post-money valuation, namely, the value that includes the cash OpenAI raises in the round. OpenAI anticipates to
OpenAI Reportedly in Talks to Raise $40 Billion at $340 Billion Valuation, Led by SoftBank

Cook Signals National Subsidies May Help after Apple Quarterly Sales in China Sink 11%

TMTPOST -- Apple Inc. CEO Tim Cook signaled iPhone sales may benefit from the renewed subsidy program launched by Chinese government after quarterly sales of the offering suffered its largest decline in a year. Credit:Apple “There is now a national subsidy program that launched on Jan. 20, on categories that some of our products are a part of. It’s a fiscal stimulus, kind of,” Cook told CNBC. He at an earnings call on Thursday also noted the stimulus as a macro tailwind for Apple, “there was a fiscal stimulus or subsidy announced in very recently in January that did not affect the December quarter.”   Tim explained the latest subsidy program is different from those introduced by some provincial governments from October to December for the national program covers the cat
Cook Signals National Subsidies May Help after Apple Quarterly Sales in China Sink 11%

US Congress Bans DeepSeek Use in Offices as Trump Administration Said to Consider More Controls o...

TMTPOST --  The Trump administration is reportedly considering further export controls on artificial intelligence (AI) chips from Nvidia Corporation in the face of a frenzy that Chinese upstart DeepSeek brought to Wall Street, Silicon Valley and Washington. Credit:Shutterstock Trump administration officials are exploring extra curbs on the sale of Nvidia chips to China, Bloomberg reported on Wednesday, citing people with knowledge of the matter. The sources stressed the related conversation is in very initial stage as the new team works through policy priorities. It was reported the possible measure that officials focused on is to expand restrictions to cover Nvidia H20 chips, which can be used to run AI software and were designed to comply with existing U.S. restrictions on China imp
US Congress Bans DeepSeek Use in Offices as Trump Administration Said to Consider More Controls o...

Microsoft CEO Says DeepSeek has "Real Innovations" as R1 Model Available on Azure AI and GitHub

TMTPOST -- Microsoft Corporation proactively embrace DeepSeek while cautioning Chinese artificial intelligence (AI) upstart could be involved in intellectual property (IP) theft case. Credit:China Daily “I think DeepSeek has had some real innovations,” Microsoft Chairman and CEO Satya Nadella told analysts when asked about the trend of AI scaling at lower costs.  Nadella believes the development of AI is no different than the regular compute cycle, and DeepSeek is good for big tech company like Microsoft since it can help reduce AI cost, thus unlock more demand and expand deployment of the technology. Based on Moore's Law and the AI scaling laws, all the software optimizations on inference result in 10 times on improvements per cycle, and the big beneficiaries of any so
Microsoft CEO Says DeepSeek has "Real Innovations" as R1 Model Available on Azure AI and GitHub

US Investors Bid to Own TikTok with Significantly More than $20 Billion

TMTPOST -- A group of U.S. investors organized by Employer.com CEO Jesse Tinsley has secured much more than $20 billion for their offer to own TikTok, according to head of the HR and payroll software provider. Credit:China Daily The aforementioned group’s bid is “significantly higher” than a roughly US$20 billion offer from a rival buyer, and the group estimated it would cost it $250 billion to own TikTok operation in U.S., Tinsley said in a Bloomberg interview on Wednesday. Roblox co-founder and CEO David Baszucki and Anchorage Digital co-founder and CEO Nathan McCauley also have been recruited in the group as investors, according to Tinsley. Tinsley said his investor group hasn’t been in direct contact with TikTok’s Chinese ownver ByteDance, which has insisted it would not divest TikTok
US Investors Bid to Own TikTok with Significantly More than $20 Billion

OpenAI Confirms Probe into DeepSeek for Improper Data Use

TMTPOST -- OpenAI confirmed a report on Wednesday that the ChatGPT developer is taking actions to protect outputs of its models from Chinese artificial intelligence (AI) upstart DeepSeek’s suspected unauthorized use. Credit:China Daily OpenAI is investigating whether DeepSeek improperly improperly obtained data from its model to launch a super popular AI assistant, a spokesperson told The Hill. The person referenced a machine learning technique called distillation, which allows developers to enable a smaller model to deliver similar performance on a specific task by leverage outputs of a larger one. Distillation does not expose a model’s inner workings and can be used by developers to improve their applications, the spokesperson noted. But OpenAI prohibits from using “output to develop mod
OpenAI Confirms Probe into DeepSeek for Improper Data Use

Italy Regulator Requests DeepSeek for Personal Data Information

TMTPOST --  One of the most active European regulators is requesting DeepSeek for personal data information, highlighting regulatory risks of Chinese artificial intelligence (AI) upstart whose models and chatbot services rocked Silicon Valley and Wall Street these days. Credit:LinkedIn The Italian Data Protection Authority, also known as Garante, announced on Tuesday it has asked DeepSeek to provide information considering the possible high risk for data of millions of people in Italy. Garante required Hangzhou-based DeepSeek and its affiliates in China to confirm what personal data is collected, from which sources, for what purposes, on what legal basis for their processing, and whether the data are stored on servers located in China. The regulator also asked DeepSeek and r
Italy Regulator Requests DeepSeek for Personal Data Information

Taiwan Weighs Plan to Help Semiconductor Industry following Trump's Tariff Threat

TMTPost -- The Taiwan leadership is weighing plans to assist the local semiconductor industry following U.S. president Donald Trump’s new tariff threats. Credit:Xinhua News Agency The economy ministry and other departments have been monitoring potential of U.S. tariffs these day, and will “urgently” review whether they need to produce more cooperative plans for the semiconductor industry in a day or two, said Cho Jung-tai, Premier of the Executive Yuan, the Taiwan region’s highest administtrative organ. Cho tried to reassure local people by stressing that “Taiwan has a position in the world’s industry chain that cannot be ignored, and we’ll maintain such advantage.”   Cho called for unity and cooperation in the face of tariff threat. Taiwan has to continue to strive for more
Taiwan Weighs Plan to Help Semiconductor Industry following Trump's Tariff Threat

US Examines National Security Impacts of DeepSeek as White House AI "Czar" Signals IP Theft Suspect

TMTPOST -- The Trump administration is examining effect of DeepSeek on national security intelligence as a White House official signals the Chinese startup could be involved in intellectual property (IP) theft. Credit:China Central Television The National Security Council (NSC) is “looking into” the national security implications of DeepSeek application, said White House press secretary Karoline Leavitt at her first press briefing on Tuesday, adding that she had discussed with the NSC, which provides advice on national security and foreign policy matters for the U.S. president, earlier that day. Leavitt at the press also echoed American President Donald Trump’s comments Monday night, calling DeepSeek as a "wake-up call" for the U.S. AI industry. But the press secretary 
US Examines National Security Impacts of DeepSeek as White House AI "Czar" Signals IP Theft Suspect

Trump Calls DeepSeek a "Wake-up Call" for U.S. Tech Firms

TMTPOST – U.S. President Donald Trump warned Monday that the rise of the Chinese AI app DeepSeek “should be a wake-up call” for U.S. tech companies as the app is shaking the AI sector.  Trump said he still expected U.S. tech companies to lead the AI race, but he admitted the challenge posed by DeepSeek, a low-cost AI assistant that rose to No. 1 on the Apple app store over the weekend.  “The release of DeepSeek AI from a Chinese company should be a wake-up call for our industries that we need to be laser focused on competing,” he said in Florida.  DeepSeek has shocked  U.S. tech companies because it has performed well in tests compared with competing AI models from Meta and OpenAI, while it was developed at a much lower cost, according to the li
Trump Calls DeepSeek a "Wake-up Call" for U.S. Tech Firms

Trump Says Microsoft in Talks about TikTok Takeover after Suggesting Decision on App in 30 Days

TMTPOST -- U.S. President Donald Trump reveals more about possible deal of TikTok after he gave the popular short video application a 75-Day Reprieve from a ban in the country. Credit:China Central Television Trump on Monday told reporter Microsoft Corporation was in talks to take over TikTok. He also suggested he would like to see a bidding war over the application. Microsoft didn’t comment on Trump’s remark, nor did TikTok or its Chinese parent ByteDance Ltd. The Trump administration is working on a plan to save TikTok that involves Oracle Corporation and a group of potential outside investors include Microsoft to take control of the app’s global operations, NPR reported Saturday. Under the negotiated deal, ByteDance would keep a minority stake in TikTok, but its  algorithm, data co
Trump Says Microsoft in Talks about TikTok Takeover after Suggesting Decision on App in 30 Days

Nvidia Wipes out Nearly $600 Billion in Market Value as DeepSeek Beats ChatGPT on App Store

TMTPOST -- Nvidia Corporation shares closed around 16.9% lower on Monday for their worst day since March 16, 2020. The day also saw Nvidia wiped out nearly $600 billion in market value as shares plunged, shattering the biggest daily drop record in market capitalization for the U.S. listed companies set by the artificial intelligence (AI) chip giant in last September. U.S. AI-related stocks suffered a bloodbath on a shock from Chinese AI startup DeepSeek. Credit:Medium The mobile application for DeepSeek, jumped to the No.1 spot in app stores this weekend, dethroning OpenAI’s ChatGPT as the most downloaded free app in U.S. on Apple’s App Store. On iOS, DeepSeek became the No. 1 free app in the U.S. App Store and 51 other countries on Monday, according to mobile app analytics firm Appfigures
Nvidia Wipes out Nearly $600 Billion in Market Value as DeepSeek Beats ChatGPT on App Store

Meta Plans $60 Billion Capex This Year Even DeepSeek Sows Doubts on AI Spending

TMTPOST --  Meta Platforms, Inc. plans to maintain its burning cash pace this year even though Chinese artificial intelligence (AI) startup DeepSeek released highly cost efficient models, sowing increasing doubts on ongoing huge spending on the technology. Credit:Shanghai Observer Meta CEO Mark Zuckerberg in a post on Facebook last Friday announced the company plans to invest $60 billion to $65 billion in capital expenditures (Capex) in 2025 amid massive efforts to ramp up AI development. The planned spending is way above Wall Street projected $51.3 billion of Capex this year. It represented a nearly 58% increase from the annual Capex of around $38 billion expected by analysts, and more than double that of 2023. Calling 2025 “a defining year for AI”, Zuckerberg expected Meta AI to bec
Meta Plans $60 Billion Capex This Year Even DeepSeek Sows Doubts on AI Spending

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