Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium

Generative AI adoption is growing, but immediate returns remain elusive. A long-term strategy focused on implementation and value creation is key to unlocking its potential. Despite the early maturity of most organisations’ GenAI journey,

Companies are looking into the ways in which AI can reduce humanity’s impact on areas such as agriculture, healthcare and environmental conservation

SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal that would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a huge new artificial intelligence infrastructure project.

Chinese tech champion Huawei has emerged as Nvidia’s primary competitor in China for inference chips. The Financial Times has previously reported that it has been working with AI companies, including DeepSeek, to adapt models trained on Nvidia GPUs to run inference on its Ascend chips.

Breakthrough suggests artificial intelligence’s appetite for energy may not be as insatiable as previously thought

FREE TO READ] Chinese artificial intelligence group’s use of ‘reinforcement learning’ and ‘small language models’ leads to breakthroughs

This is an audio transcript of the Tech Tonic podcast episode: ‘Tech in 2025 — China’s AI ‘Sputnik moment’’

DeepSeek’s breakthrough is “a wake up call” that adds to market concentration risks, Oppenheimer and team say: a reminder that benefits from any revolutionary technology don’t automatically accrue to big spenders at the start of the adoption cycle, and that competition humbles even the biggest companies.

DeepSeek’s announcement that it has built competitive AI using many fewer resources than big US rivals stunned the markets this week. Chipmakers and power companies plunged in value, and Sam Altman, boss of OpenAI,

Stargate, a high-profile artificial intelligence infrastructure project trumpeted by US President Donald Trump this week, will exclusively serve ChatGPT maker OpenAI, according to people familiar with the matter.

Sonja Hutson Good morning from the Financial Times. Today is Tuesday, January 28th. And this is your FT News Briefing. US tech stocks took a nosedive after a Chinese AI company stunned the industry. Plus, Starbucks wants to brew up more business, so now you got to pay to be there. I’m Sonja Hutson, and here’s the news you need to start your day.