From CNBC: 2025-02-12 23:13:59

Chinese businesses are embracing DeepSeek’s AI model to boost productivity, despite U.S. restrictions. Automakers, financial companies, telecom operators, and tech giants like Alibaba integrate with DeepSeek. AI-related Chinese stocks are up 15% this year. DeepSeek’s open-source, affordable model pressures competitors to cut prices and accelerates AI commoditization.

Despite the hype around DeepSeek, other AI models are still being developed and utilized by Chinese companies. Movitech uses Alibaba’s Qwen AI model, while HangHang AI invests in various models across 20 industries. The market prioritizes cost-effective and results-driven AI solutions, whether from OpenAI, DeepSeek, or other providers. 1. The stock market reached record highs today, with the S&P 500 and Dow Jones Industrial Average both closing at all-time highs. Investors are optimistic about the economy’s recovery and strong corporate earnings reports.

2. The CDC announced that fully vaccinated individuals no longer need to wear masks or practice social distancing indoors or outdoors. This marks a significant milestone in the fight against COVID-19 and has been met with mixed reactions from the public.

3. The Colonial Pipeline, which was shut down due to a cyberattack last week, has resumed operations. Gas shortages and price spikes were reported in several states, leading to concerns about the vulnerability of critical infrastructure to cyber threats.

4. Elon Musk’s SpaceX successfully launched another batch of Starlink satellites into orbit, expanding its global internet coverage. This brings the total number of Starlink satellites in orbit to over 1,500, with plans for thousands more to be launched in the coming years.

5. The World Health Organization approved the emergency use of China’s Sinopharm COVID-19 vaccine, adding another vaccine to the global arsenal against the virus. This decision is expected to boost vaccination efforts in countries that rely on Chinese-made vaccines for their immunization campaigns.

Read more: Chinese businesses rush to try DeepSeek AI at ‘unprecedented’ scale