DeepSeek is looking to broaden its AI offerings with new artificial intelligence search features and more emphasis on agents, ramping up competition with US firms like OpenAI and Alphabet Inc.’s Google.The Chinese AI startup is hiring specialists to build an AI search engine capable of supporting different languages, according to multiple job postings from the company this month. The planned search options are meant to be multimodal, meaning they can process a range of inputs from text to images and audio f ...

Core Insights - COMEUP 2025, Korea's largest global startup festival, officially opened on December 10, 2025, at COEX Seoul, showcasing innovative startups and fostering collaboration between startups, investors, and corporations [1][6] - The festival runs from December 10 to 12 under the theme "Recode the Future," featuring a variety of programs including conferences, exhibitions, and IR pitching [2][6] Event Overview - This year's event includes 275 startups from 46 countries, with national pavilions from seven countries, including Saudi Arabia and India, promoting their startup ecosystems [3] - Keynote speeches are delivered by prominent figures in the tech industry, such as Tareq Amin, CEO of HUMAIN, and Sunghyun Park, CEO of Rebellions, focusing on the festival's theme [3] Investment Opportunities - COMEUP 2025 provides expanded opportunities for startups to connect with global investors and major corporations, with participation from 35 global and Korean corporations [4] - Over 2,000 business matchmaking meetings are arranged, allowing startups to engage with investors and corporations directly [4] Side Programs - Major side programs include the OpenData X AI Challenge, the K-Startup 2025 Grand Finale, and the K-Startup Grand Challenge Demo Day, highlighting top foreign startup teams [5] - The Venture & Startup Awards Ceremony recognizes contributions to Korea's startup ecosystem during the event [5]

Group 1 - Retail investors turned into net sellers of single stocks and reduced ETF purchases as the tech-heavy Nasdaq fell over 2% [1] - Cash equity purchases totaled $8.1 billion, significantly above the 2025 weekly average of $6.2 billion, indicating a major buying spree in mega-cap tech stocks [1] - The "most hyped" stocks among retail investors included Beyond Meat, Nokia, POET Technologies, UiPath, Palantir, Nvidia, and Chipotle, reflecting a shift in interest away from gold and bitcoin [6] Group 2 - Institutional investors are divided on market outlook, with JPMorgan recommending buying dips, while billionaire Ray Dalio anticipates a short-term rally followed by a sell-off driven by the Federal Reserve [3] - The stock market's favorite tech stocks experienced valuation-driven sell-offs, leading to increased volatility and investor caution [4] - Labor market data showed the deepest October job cuts in 22 years, contributing to investor anxiety over high valuations [5]

Group 1: Snap Inc. (SNAP) - Snap reported revenue of $1.51 billion, exceeding estimates of $1.49 billion, with global daily active users increasing to 477 million, slightly above the expected 476 million [2][7] - The company announced a $500 million stock buyback program, indicating confidence in its financial position [2][7] - Snap has entered a partnership with Perplexity AI, which will pay $400 million over one year to integrate its AI search features into the Snapchat app [3][7] Group 2: Other Notable Stocks - Datadog (DDOG) shares rose approximately 22% after beating earnings estimates with an EPS of 55 cents, which was nine cents above expectations, and reporting revenue of $886 million, a 28.4% year-over-year increase [4] - Planet Fitness (PLNT) shares increased about 12% following strong earnings, with an EPS of 80 cents beating estimates by six cents and revenue of $330.3 million, up 13% year over year [5] - Appian Corporation (APPN) saw its shares rise about 18% after reporting an EPS of 32 cents, which exceeded estimates by 27 cents, and revenue of $187 million, a 21.4% year-over-year increase [6]

Snap announced a $400 million partnership with Perplexity AI to distribute the firm’s AI search engine to Snapchat users globally, according to a statement Wednesday https://t.co/xynrX2vLXK ...

Core Perspective - Reddit is taking legal action against companies that scrape its data without permission, aiming to protect its data and maximize revenue potential [2][4]. Group 1: Legal Action - Reddit has filed a lawsuit in the U.S. District Court to block four companies from scraping its data via Google search results instead of using the paid Reddit API [2]. - The companies involved include SerpApi, Oxylabs, AWMProxy, and Perplexity, with allegations that they sold data to AI firms like OpenAI and Meta [2]. - Reddit seeks a permanent injunction and financial damages, hoping to establish a legal precedent for data protection [2]. Group 2: Revenue Strategy - In 2023, Reddit increased its API charges to profit from the data generated by its users, as AI projects increasingly rely on Reddit for data inputs [3]. - Reddit's "Other" revenue category saw a 24% year-over-year increase in Q2, generating $35 million from data deals with AI projects [5]. - The company has signed content licensing agreements with Google and OpenAI, aiming to create value in exclusivity to incentivize payments for its data [6]. Group 3: Data Protection Measures - Reddit has implemented measures to prevent its information from being scraped or used without explicit permission and payment [4]. - The lawsuit addresses the loophole where companies are allegedly scraping data from Google instead of using the Reddit API, which undermines its data protection efforts [4].