What DeepSeek’s Success Tells Us About China’s Ability to Nurture Talent

To many Chinese, DeepSeek’s success is a victory for China’s education system, proof that it equals that of the United States or has even surpassed it. The core team of developers and scientists behind DeepSeek, the Chinese start-up that has jolted the A.I. world, all attended university in China, according to the company’s founder. That’s … Read more

Microsoft and Nvidia Take a Quieter Approach to Trump

Friday afternoon last week, Jensen Huang, the chief executive of the chipmaker Nvidia, slipped into the White House to meet President Trump for the first time. There was no fanfare, and he left without a single public photo taken of the two. Two weeks earlier, Microsoft’s chief executive, Satya Nadella, had a lengthy lunch with … Read more

Big Tech Keeps Its A.I. Data Center Spending Boom Alive

Wall Street went into panic mode about two weeks ago after the Chinese start-up DeepSeek released an artificial intelligence system that appeared to be radically more efficient than what its American competitors had built. The investors who had pumped trillions of dollars into tech stocks over the last few years worried whether the tens of … Read more

C. Richard Kramlich, Early Investor in Silicon Valley, Dies at 89

C. Richard Kramlich, an early investor in Silicon Valley who co-founded the investment giant New Enterprise Associates, helping to fuel the booming tech industry, died on Saturday at his home in Oakville, Calif., in the Napa Valley. He was 89. His death was announced by New Enterprise Associates. Mr. Kramlich (pronounced CRAM-lick), whose career spanned … Read more

OpenAI Close to Deal that Values Company at $300 Billion

OpenAI is set to complete a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just four months ago. The new fund-raising round, led by the Japanese conglomerate SoftBank, values OpenAI at $300 billion, according to three people with knowledge of the deal who spoke on the condition of anonymity. The deal … Read more