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January 27, 2025, 4:55 AM
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Bloomberg:
DeepSeek's iOS app is now #1 on the App Store's Top Free Apps chart in the US, ahead of ChatGPT, stirring doubts in Silicon Valley about the US' AI lead  —  - App's lower-cost model upends premise for AI spending boom  — Stocks of chip gear makers ASML and Advantest plunge
The Information:
Sources: Meta set up four war rooms to analyze DeepSeek's tech, two focusing on how High-Flyer cut training costs and one on what data High-Flyer may have used  —  Artificial intelligence researchers at Meta Platforms have been in panic mode.  In recent days, leaders of some of the company's …
Steven Sinofsky / @stevesi:
DeepSeek's use of commodity, disconnected hardware, and open-source design is enough of a shot at AI hyper scaling that it could be “the way things will go”  —  DeepSeek was certain to happen.  The only unknown was who was going to do it.  The choices were a startup or someone outside …
Raffaele Huang / Wall Street Journal:
Sources: DeepSeek's Liang Wenfeng told Chinese Premier Li Qiang in a January 20 meeting that US export controls on AI chips to China were still a bottleneck  —  DeepSeek is called ‘amazing and impressive’ despite working with less-advanced chips  —  SINGAPORE—A Chinese artificial-intelligence company …
Bloomberg:
Some Japanese stocks drop amid DeepSeek anxiety: Advantest, an Nvidia supplier of testing equipment, drops 7%+ and datacenter cable company Fujikura drops 9%+  —  Japan's chip-related shares including Advantest Corp. tumbled as Chinese AI startup DeepSeek gained traction …
Zeyi Yang / Wired:
DeepSeek, which started as a deep-learning research branch of Chinese quant hedge fund High-Flyer, is now giving US AI giants a run for their money
Reuters:
Trump denies talks with Oracle about a TikTok deal, saying “I have spoken to many people about TikTok” and he expects a decision in the next 30 days  —  U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision …
Hayden Field / CNBC:
Source: Perplexity AI revises its TikTok US merger proposal, which now allows for the US government to own up to 50% of the new company upon a future IPO  —  Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance.  The proposal, which would create …
Bobby Allyn / NPR:
Sources: the Trump admin is in talks for Oracle and a group of US investors to take over TikTok's global operations, with ByteDance retaining a minority stake
Jeffrey Emanuel / YouTubeTranscriptOptimizer:
A bear case for Nvidia: hardware startup competition, inference-heavy “reasoning” models, DeepSeek's training and inference efficiency breakthroughs, and more  —  As someone who spent ~10 years working as a generalist investment analyst at various long/short hedge funds …

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From Mediagazer

Brian Steinberg / Variety:
CBS News terminates 60 Minutes veteran Scott Pelley's contract; Nick Bilton says Pelley's “antipathy to the future of the show has come through loud and clear”

Bloomberg:
Bill Ackman's Pershing Square plans to sell its stake in Universal Music Group, days after the Amsterdam-listed group rejected his takeover bid

Christopher Vondracek / Minnesota Star Tribune:
The Minnesota Star Tribune, which has ~495 staffers, plans to cut its workforce by 15%, or 65 jobs, via buyouts and layoffs, one month after winning a Pulitzer

More News

Hall of Impossible Dreams:
A look at the growing prevalence of LLM-written posts that have been backdated and attributed to human authors on Physics Forums, which was founded in 2001

Earlier Picks

Brian Armstrong / @brian_armstrong:
CEO Brian Armstrong says Coinbase needs to rethink its listing process for new tokens to keep up with “~1m tokens a week being created now, and growing”
Wall Street Journal:
Despite assurances, advertisers worry Meta's tools may not prevent ads from appearing near offensive content as the new content moderation approach takes effect
John Gruber / Daring Fireball:
Siri with Apple Intelligence is a massive regression from the old Siri, which recognized its limitations and provided a list of search links to answer a query
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