Latest news with #DeepSeek
Time of India
an hour ago
- Business
- Time of India
DeepSeek faces expulsion from app stores in Germany
HighlightsGermany's data protection commissioner Meike Kamp has requested that Apple Inc. and Google LLC remove the Chinese artificial intelligence startup DeepSeek from their app stores due to concerns over illegal data transfers to China. DeepSeek has been criticized for failing to provide adequate evidence that the personal data of German users is protected in China at a level comparable to that within the European Union. The technology company DeepSeek has faced scrutiny in multiple countries, with Italy already blocking its app and the Netherlands banning its use on government devices due to data security concerns. Germany 's data protection commissioner has asked Apple and Google to remove Chinese AI startup DeepSeek from their app stores in the country due to concerns about data protection, following a similar crackdown elsewhere. Commissioner Meike Kamp said in a statement on Friday that she had made the request because DeepSeek illegally transfers users' personal data to China. The two US tech giants must now review the request promptly and decide whether to block the app in Germany, she added, though her office has not set a precise timeframe. Google said it had received the notice and was reviewing it. DeepSeek did not respond to a request for comment. Apple was not immediately available for comment. According to its own privacy policy, DeepSeek stores numerous pieces of personal data, such as requests to its AI programme or uploaded files, on computers in China. "DeepSeek has not been able to provide my agency with convincing evidence that German users' data is protected in China to a level equivalent to that in the European Union," Kamp said. "Chinese authorities have far-reaching access rights to personal data within the sphere of influence of Chinese companies," she added. The commissioner said she took the decision after asking DeepSeek in May to meet the requirements for non-EU data transfers or else voluntarily withdraw its app. DeepSeek did not comply with this request, she added. DeepSeek shook the technology world in January with claims that it had developed an AI model to rival those from U.S. firms such as ChatGPT creator OpenAI at much lower cost. However, it has come under scrutiny in the United States and Europe for its data security policies. Italy blocked it from app stores there earlier this year, citing a lack of information on its use of personal data, while the Netherlands has banned it on government devices. Belgium has recommended government officials not to use DeepSeek. "Further analyses are underway to evaluate the approach to be followed," a government spokesperson said. In Spain, the consumer rights group OCU asked the government's data protection agency in February to investigate threats likely posed by DeepSeek, though no ban has come into force. US lawmakers plan to introduce a bill that would ban U.S. executive agencies from using any AI models developed in China. Reuters exclusively reported this week that DeepSeek is aiding China's military and intelligence operations.
Mail & Guardian
3 hours ago
- Politics
- Mail & Guardian
From code to cooperation: How the G20 and Unesco can shape ethical AI
Bright future: Unesco's Gabriela Ramos focuses on social inclusion and an antidiscriminatory agenda and ethics of artificial intelligence. (Photo supplied) Imagine a world where technology helps cure diseases, close learning gaps and expand access to public services. Now imagine one where digital tools deepen inequality, automate discrimination and erode democratic values. Both futures are possible. Which one prevails depends on the choices we make today. Advancing at remarkable speed, artificial intelligence (AI) is no longer just a technical debate, it's a societal one. Generative AI reached millions in days, with ChatGPT adopted faster than any previous technology. Meanwhile, neurotechnology, quantum computing and synthetic biology are accelerating, often powered by AI that decodes neural data or drives biological simulations. Open-source models and falling costs have democratised access, with actors such as DeepSeek proving foundational AI is no longer exclusive to Big Tech. Yet many breakthroughs outpace our understanding, raising profound ethical issues. The real question is not what AI can do, but whether governments, youth and businesses are ready to guide it. The answer lies in our decisions. Responsible AI demands inclusive governance, strong safeguards and development centred on human and environmental well-being. That's why I am proud to have led Unesco's work in developing and deploying the The drafting process was led by Professor Emma Ruttkamp-Bloem of South Africa, which was among the Insights from this work are now informing the G20 agenda under the South African presidency, which prioritises inclusive outcomes. This is promising, because the G20 remains the leading forum for international economic cooperation. As a former G20 Sherpa, I am convinced of its potential to shape public policy that improves people's well-being and supports Unesco's core pillars: education, culture, science and communication. South Africa's strategic engagement is reflected in its leadership across several Unesco initiatives, including Minister Blade Nzimande's chairmanship of the Amid conflict, climate breakdown and digital disruption, Unesco, with strong support of members such as South Africa, must remain the ethical compass of a renewed multilateral system. My candidacy for director-general is rooted in this conviction, and built on three guiding pillars: impact, inclusion, and innovation.
Ammon
7 hours ago
- Business
- Ammon
DeepSeek faces ban from Apple, Google app stores in Germany
Ammon News - Germany's data protection commissioner has asked Apple and Google to remove Chinese AI startup DeepSeek from their app stores in the country due to concerns about data protection, following a similar crackdown elsewhere. Commissioner Meike Kamp said in a statement on Friday that she had made the request because DeepSeek illegally transfers users' personal data to China. The two U.S. tech giants must now review the request promptly and decide whether to block the app in Germany, she added, though her office has not set a precise timeframe. Google said it had received the notice and was reviewing it. DeepSeek did not respond to a request for comment. Apple was not immediately available for comment. According to its own privacy policy, opens new tab, DeepSeek stores numerous pieces of personal data, such as requests to its AI programme or uploaded files, on computers in China. "DeepSeek has not been able to provide my agency with convincing evidence that German users' data is protected in China to a level equivalent to that in the European Union," Kamp said.
Time of India
7 hours ago
- Business
- Time of India
Alibaba unveils latest AI service for images in push for users
HighlightsAlibaba Group Holding Ltd. introduced Qwen VLo, an upgraded artificial intelligence model capable of generating images from text and modifying existing images, as part of its Qwen brand. The new Qwen VLo model features progressive generation technology, allowing users to observe the image creation process in real-time, enhancing user interaction and creativity. With a focus on artificial general intelligence, Alibaba aims to compete with other technology leaders in the rapidly evolving AI market, responding to innovations from companies like DeepSeek and OpenAI. Alibaba Group Holding Ltd. unveiled a new iteration of its artificial-intelligence technology that will make it easier for users to generate and modify images from texts and visuals, as the Chinese ecommerce giant continues its aggressive push into AI. The Hangzhou-based company introduced Qwen VLo , part of a series of AI services under the company's Qwen brand. The new model is an upgrade from Qwen2.5-VL and is now able to generate text-to-image and image-to-image results. It also has a technology called progressive generation, meaning users can see the process as an image is created. 'This newly upgraded model not only 'understands' the world but also generates high-quality recreations based on that understanding,' the company said in a blog post. 'You can directly send a prompt like 'Generate a picture of a cute cat' to generate an image or upload an image of a cat and ask 'Add a cap on the cat's head' to modify an image.' Best known for its ecommerce operations in China, Alibaba has been charging into AI and building standalone offerings around Qwen. In February, Chief Executive Officer Eddie Wu went so far as to say the company's 'primary objective' is now artificial general intelligence , a goal in the industry to build AI systems with human-level intellectual capabilities. With the new Qwen multimodal model , it's aiming to compete with a flurry of new visual interfaces in the market, including from OpenAI. It also faces aggressive domestic competition from the likes of DeepSeek. After DeepSeek stunned the industry with a powerful model it said took just a few million dollars to build, China's technology leaders flooded the market with a rapid succession of low-cost AI services. Alibaba has rapidly updated its Qwen series, adding new capabilities to process text, pictures, audio and video — with the efficiency to run directly on phones and laptops. It unveiled a new version of its AI assistant Quark app in March.
Yahoo
8 hours ago
- Business
- Yahoo
These Are the Best Stocks You Can Buy With $1,000 Right Now
Nvidia looks overvalued only if you don't consider how quickly earnings could grow over the next few years. Lam Research is a semiconductor equipment manufacturer that has a big hand in the production of high-bandwidth memory. ASML Holding is the only company producing the lithography equipment required to print the advanced semiconductors that artificial intelligence applications rely on. 10 stocks we like better than Nvidia › The stock market has recovered nearly all the losses that were sparked by fear of a new trade war. The benchmark S&P 500 index finished June 25 less than a percentage point below its all-time high. Despite a big recovery for the overall stock market, several top tech stocks with a hand in the artificial intelligence (AI) revolution have been trading for attractive valuations. Demand for AI-related products hasn't translated into profits for the most popular large language model (LLM) providers, but sales of semiconductors and equipment required to produce those LLMs keep surging. Lately, Nvidia (NASDAQ: NVDA), Lam Research (NASDAQ: LRCX), and ASML Holding (NASDAQ: ASML) have been trading at attractive valuations. If you have $1,000 -- or any amount -- available to invest in these stocks now, there's a good chance you'll realize market-beating gains over the long run. If you follow the AI space, you probably heard that DeepSeek in China ignored CUDA, Nvidia's software development kit (SDK), to produce a competitive LLM using inferior graphics processing units (GPUs). The important thing for everyday investors to take from this event is that the vast majority of AI application developers aren't as capable and all but a handful of developers still rely on CUDA to build AI applications. Nvidia's software advantage allowed its fiscal first-quarter sales to surge 69% year over year to a whopping $44.1 billion. With demand for AI computing on the rise, and a software advantage that keeps competitors at bay, several more years of rapid growth isn't a wild expectation. On the surface, Nvidia stock looks expensive at 36 times earnings expectations. But once you consider how fast earnings are growing, the stock actually looks like a bargain right now. The forward price/earnings-to-growth (PEG) ratio divides the trailing price-to-earnings ratio by the rate of earnings growth Wall Street expects in the year ahead. Anything below a 1.0 is considered undervalued, so Nvidia's recent forward PEG of 0.79 suggests now is a good time to buy. AMD and Intel are furiously trying to overcome Nvidia's software advantage. But even if they succeed, they'll still likely employ advanced etch and deposition equipment from Lam Research, a leader in the space. Now that advanced semiconductors are spacing nodes just a few nanometers apart, stacking semiconductor components is the way forward. As a leader in the verticalization processes, Lam Research could remain a vital equipment provider in the decade ahead. Its equipment is used to manufacture high bandwidth memory (HBM), which is an increasingly important component of AI processing. Strong demand from Nvidia helped Lam Research report first-quarter earnings that rose 12% year over year. Even if Nvidia unexpectedly loses its software advantage in the years ahead, the next leader in the semiconductor space will likely employ Lam's etch and deposition equipment to produce HBM, too. Shares of Lam Research have been trading for just 24 times earnings estimates. This valuation is extremely low for a highly profitable company that could continue raising earnings at double-digit percentages for many years to come. With $1,000, you could buy many shares of Nvidia or Lam Research. Advanced lithography system producer, ASML Holding is more than 25% off its previous peak, but you'll need at least $815 to buy one share at recent prices. (Don't get hung up on price, though. Price and value aren't the same thing, and fractional shares are available.) Like Lam Research, ASML is a niche producer of semiconductor manufacturing equipment. Its enormous lithography machines contain hundreds of thousands of components and require months to ship and assemble. When it comes to advanced chips that AI applications rely on, an ASML lithography machine is the only option. ASML's already entrenched business requires heaps of capital, engineering knowledge, and relationships with semiconductor manufacturers. These sustainable advantages allowed earnings per share to rise by 16% annually over the past five years, and the gains could continue. At the midpoint of management's guided range, top-line sales are expected to climb by 14.8% this year. Without any competitors capable of marketing similar equipment, continued growth at a double-digit annual percentage seems likely. A stock market aware of ASML's competitive position rarely allows its stock price to fall into deep value territory. At recent prices, it's been trading for about 30 times forward-looking earnings expectations. This is a steep valuation, but it isn't one that ASML can't grow into. Adding some shares to a diversified portfolio to hold over the long run looks like a smart move for most growth-oriented investors right now. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Cory Renauer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML, Advanced Micro Devices, Intel, Lam Research, and Nvidia. The Motley Fool recommends the following options: short August 2025 $24 calls on Intel. The Motley Fool has a disclosure policy. These Are the Best Stocks You Can Buy With $1,000 Right Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
