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Go high or go wide? DeepSeek and ByteDance, the two leaders of China’s AI industry, are adopting vastly different strategies. On Monday, DeepSeek released DeepSeek V3.2, another open-weight model that anyone can tinker with. The startup says it performs on par with the latest models from OpenAI and Google, and it even beats them on … Read more
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Speaking via teleconference, Son and OpenAI chief Sam Altman argued that advancing artificial intelligence would lead to new jobs that are not yet imagined, and the advancement of robotics will … Read more
U.S. Treasury yields moved higher on Monday to start off the first day of December as investors increased bets on the Federal Reserve cutting interest rates in its upcoming meeting. At 5:47 a.m. ET, the 10-year Treasury was up more than 2 basis points at 4.044%, while the 30-year bond yield climbed 3 basis points to 4.702%. The 2-year note yield … Read more
People walk in a shopping mall in the Sanlitun area in Beijing, China, on April 4, 2025. Kevin Frayer | Getty Images News | Getty Images EQT, one of the largest private market investors in the world, is doubling down on Asia, calling the region a big growth engine and home to some of the most compelling opportunities … Read more
Emirates said Monday it has placed an order for 65 additional Boeing 777-9 aircraft, worth $38 billion at list prices, on the opening day of Dubai Airshow 2025. Emirates is Boeing’s largest customer in terms of wide-body jets, and today’s announcement takes the airline’s total orderbook with Boeing to 315 widebody aircraft. It marks “a … Read more
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Wall Street has reined in bets on a third straight interest rate cut as the US Federal Reserve’s hawks voice concerns that inflation remains too high to justify lower borrowing costs. The probability of … Read more
This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story Rajat Mehta, scion of Mumbai-based Mehta Group, walked out of the listing ceremony of Billionbrains Garage Ventures or Groww, on Wednesday, feeling vindicated. The company he backed in 2016 … Read more
Figma is expanding its presence in India by setting up a local office and hiring Indian talent as it seeks to deepen ties with one of its largest user communities and make a broader push to better win over developers alongside the designers who already rely on the platform. Founded in 2012 by Dylan Field … Read more
Cardano price has bounced back in the past few days, moving from a low of $0.4910 to $0.5615, and a forming inverse cup-and-handle pattern points to more downside this year. Summary Cardano price has formed an inverse cup-and-handle pattern on the daily chart. It also formed a death cross pattern and remains below the Supertrend … Read more
Polymarket and similar prediction markets brought gambling to non-sports spaces. The “degen” culture of decentralized finance has made some of the bets look really ridiculous. What are the five most absurd bets on Polymarket in 2025? Summary On Polymarket, people bet on everything: from election winners to the weather in London on a particular date. … Read more
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