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The Latest Breaking News from Alexandr Wang

Is DeepSeek really AI's 'Sputnik moment'? The hazy backstory to ChatGPT's Chinese rival

A Chinese AI company has shaken up Wall Street and Silicon Valley, but is it really the disruptor people think?

Evening Standard

Who is behind DeepSeek and how did it achieve its AI ‘Sputnik moment’?

Liang Wenfeng, who founded the firm just two years ago, says his aim is ‘not to lose money, nor to make huge profits’

The Guardian - UK

Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek

Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn

The Guardian - US

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Top 500 Richest Lose £86.7B After DeepSeek AI Chatbot Launch Triggers AI Market Selloff

The S&P500 and the Nasdaq Composite declined as investors questioned America's AI dominance after DeepSeek launched its free AI chatbot.

International Business Times UK

Tuesday briefing: How an unknown Chinese startup wiped $593bn from the value of an AI giant

In today’s newsletter: the US has had a huge head start on artificial intelligence – but now a low-cost rival from Hangzhou has turned the industry on its head

The Guardian - UK

AI selloff: Claims from China’s DeepSeek too good to be true?

Several voices inside the AI sector suggest the mysterious lab’s reported accomplishments can’t be taken at face value.

Fortune

DeepSeek: The best ChatGPT alternative or a hotbed of dubious claims?

ChatGPT may face its stiffest competition yet with DeepSeek, but the AI model that seems to do so much right raises a strange amount of questions.

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What is DeepSeek and how does it compare to ChatGPT? Chinese AI climbs to top of iPhone app chart

The Chinese startup behind the AI service is offering users its most advanced models completely free of charge

Evening Standard

Youngest Self-Made Billionaire, Not Kylie Jenner, Reveals The AI Skills You Should Learn For Today's Economy

Self-made billionaire Alexandr Wang emphasises the crucial role of prompt engineering and AI skills in developing human-like reasoning capabilities.

International Business Times UK

As an underrepresented venture fund CEO, I believe in meritocracy—and I invest in underrepresented entrepreneurs for a reason

They have outsized disruptive potential, says Leslie Feinzaig, because they’ve been forged in fire—something she can relate to.

Fortune

A new catchphrase is a hit with DEI critics but reveals how misunderstood hiring really is

Elon Musk and others applauded an argument for merit-only hiring, but experts say they’re misunderstanding DEI.

Fortune

Elon Musk and other DEI critics are latching on to ‘MEI,’ a new hiring catchphrase

A startup CEO’s blog post is gaining traction among the anti-DEI crowd.

Fortune

Brian Armstrong And Elon Musk Praise Scale AI CEO For Hiring Based On 'Merit', Not 'Woke' Hiring

Scale AI, a hot startup, prioritises merit and predicts AI skills will be crucial for future job opportunities.

International Business Times UK

Exclusive: Scale AI secures $1B funding at $14B valuation as its CEO predicts big revenue growth and profitability by year-end

Scale AI, which helps companies label and test data for AI model training, has closed a new $1 billion funding round at a $14 billion valuation.

Fortune

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Fortune

Thrive Capital has invested in more than a dozen other VC firms from its growth fund

The firm’s eighth growth fund has made investments into VCs including Scale AI’s Alexandr Wang and Not Boring newsletter writer Packy McCormick.

Fortune

How Gen Z is rewriting the rules of entrepreneurship

Gen Z founders are taking a more socially conscious approach to business creation and wealth building.

Zenger

Tech Giants Set To Declare AI Safety Commitments Amid White House Appeal

Microsoft, Alphabet, and OpenAI to publicly pledge AI safety measures in response to Biden administration's call

The Week

Alexandr Wang: the world’s youngest self-made billionaire shaking up tech

When the Silicon Valley company Scale AI was valued at $7.3 billion in 2021, its co-founder and chief executive Alexandr Wang become “the world’s youngest self-made billionaire” at just 25 years old.

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The Independent UK

Hackers aim to find flaws in AI - with White House help

No sooner did ChatGPT get unleashed than hackers started “jailbreaking” the artificial intelligence chatbot – trying to override its safeguards so it could blurt out something unhinged or obscene

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