The real news is OpenAI slashing and burning its prices to prepare for this.#DeepSeek releases beta version of V4 models as AI price war heats up. https://t.co/uTbVy7LVaj ...

China’s DeepSeek rolls out a public beta application programming interface, or API, for its flagship AI model https://t.co/1C98HSl2m3 ...

4 stages of LLM training, clearly explained:(a popular LLM interview question; bookmark this)→ Pre-training→ Instruction fine-tuning→ Preference fine-tuning→ Reasoning fine-tuningThe visual covers all of them.A base model treats a question as text to be continued, not a request to be answered. Questions in its training data usually have more questions next to them, so that's what the model replies.The stages after pre-training allow changing that behaviour, and each one uses a different training signal to d ...

SHERY: THIS IS THE ASIA TRADE. APPLE SHARES SLIDING AS IT WARNS OF SUPPLY CONSTRAINTS AHEAD AND REPORTS WEAKNESS IN CHINA SERVICES, AMAZON JUMPS AFTER A FIFTH STRAIGHT QUARTER OF GROWTH. A REBOUND IN U.S. CHIPMAKERS, MICROSOFT ADDING A RECORD $450 BILLION TO ITS MARKET VALUE.JAPAN SAID TO HAVE SPARKED THE ENDS BIGGEST JUMP SINCE 2023. HAIDI: LET'S LOOK AT THE TRADING ACROSS ASIA, TECH IN HEAVY FOCUS. TRADING IN THE KOREAN SESSION AS WELL, AT THE MOMENT WE ARE SEEING A BUOYANCY IN TERMS OF THE TURNAROUND FOR ...

Infrastructure Investment - Chinese artificial intelligence sector plans a massive gigawatt-scale data center development [1] Market Competition - Domestic artificial intelligence industry aims to compete directly with top Silicon Valley models [1]

Market Dynamics - DeepSeek operates on a non-profit-driven model, reinvesting all revenue into research and development backed by quantitative fund funding, reflecting a non-commercialized founder philosophy [1] - Chinese artificial intelligence companies demonstrate substantial profitability, though generating lower revenue compared to Anthropic or OpenAI [1][2] Financial Performance - Moonshot AI achieves an annualized revenue run rate of 1 billion US dollars [1] - MiniMax projects its annualized revenue to reach between 1 billion and 1.2 billion US dollars by the end of the year, representing a projected 1.2% growth scale [1]

Market Trends and Equity Performance - Microsoft shares surged 17%, marking their largest daily gain since October 13, 2008, and pushing the Nasdaq up 3.1% and S&P 500 up almost 1.5% [2][3][9] - The 10-year Treasury yield stood at 4.67%, while the 2-year yield was 4.23%, with long-term yields potentially reaching 5.5% due to a lack of central bank trust [9][26][27] - Apple shares traded down 1.5%, Amazon rose 4.7% with a focus on capital expenditures, Meta fell 9.1%, and Chipotle jumped 13% after beating comparable sales estimates [10][42] Monetary Policy and Macroeconomic Environment - Federal Reserve Chair Kevin Warsh utilized intentionally vague, highly technical, and ambiguous language during his press conference, drawing comparisons to Alan Greenpan 2.0 [5][16] - Market participants expressed concern over a lack of forward guidance and clear reaction functions from the central bank regarding future interest rate decisions [35][36] - U.S. President Trump expressed a desire for lower interest rates, while market investors voiced worries about potential friction between the Fed chair and the committee [33][34] Insurance and Risk Advisory Industry - Aon operates within a $5 trillion overall property, casualty, health, and wealth insurance industry, while targeting access to a $250 trillion opportunity set [54][55] - AI data center builds are projected to require at least $2 trillion to $5 trillion to $7 trillion in ongoing operations, creating substantial demand for risk management and capital matching [58][59] - Aon maintained double-digit growth in construction lines over the past five quarters, driven by complex geopolitical risks and massive infrastructure developments [68] Restaurant and Consumer Sector - Jersey Mike's priced its IPO in the middle of the range with institutional investor demand exceeding 10 times available shares, while experiencing same-store sales traffic growth [71][73] - Jersey Mike's maintains an industry-leading low food cost of approximately 27% of sales, supported by a diverse protein lineup and scaled supply chain [87][88] - Starbucks accelerated its store uplift program, improving speed and throughput across cafes and drive-thrus to increase customer transactions and drive all-day business growth [94][98]

Infrastructure Development - DeepSeek plans a massive computing hub with a target capacity of 1 gigawatt (one billion watts) in Ulanqab, Inner Mongolia [1] - The facility strategy involves a combination of self-built infrastructure and leased facilities [1] Market Dynamics - The project scale places the Chinese laboratory in the same infrastructure league as United States hyperscalers [1] - Operational timelines indicate that parts of the data center could come online by late 2027 or early 2028 [1]

DeepSeek is planning to build a massive data center in Inner Mongolia as it ramps up its competition with Silicon Valley https://t.co/j4Ykw81n0p ...