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ReutersBig Tech faces heat as China's DeepSeek sows doubts on billion-dollar spending
Chinese startup DeepSeek's cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week's much-awaited results from industry bellwethers. DeepSeek has claimed it took just two months and cost under $6 million to build an AI model using Nvidia's less-advanced H800 chips. An app powered by the V3 model became the top iPhone download in the U.S. on Monday.
- USA TODAY
California wildfires lose steam but welcomed rain brings different threats
Much-needed rain has begun to fall over Southern California, bringing relief to the drought-stricken region but also the threat of toxic runoff.
- Yahoo News
California wildfires latest: Rain brings relief and threat of mudslides to burn areas in Los Angeles
According to the National Weather Service, periods of moderate to heavy rain are expected through Monday afternoon and could trigger flash flooding and mudslides in fire zones.
- Engadget
Ubisoft shuts down a support studio and lays off 185 workers
Ubisoft's cost-cutting measures continue as it's closing another studio and laying off an additional 185 employees in several locations.
- Associated Press
Newbery medal for best children's book is given to Erin Entrada Kelly's 'The First State of Being'
Erin Entrada Kelly's “The First State of Being,” a coming-of-age story that blends time travel and the approaching millennium of the year 2000, has won the John Newbery Medal for the year's outstanding children's book. The Randolph Caldecott Medal for best picture story went to “Chooch Helped,” a tale of Cherokee siblings illustrated by Rebecca Lee Kunz and written by Andrea L. Rogers. Chanel Miller's “Magnolia Wu Unfolds It All” was a runner-up for the Newbery prize.
- The Canadian Press
Chrystia Freeland pitches tariff response plan that would target U.S. businesses
OTTAWA — Liberal leadership candidate Chrystia Freeland said Monday that Canada can avoid massive U.S. tariffs on Canadian goods by scaring the Americans away from the idea.
- Sky News
DeepSeek: US tech stocks tumble on fears of cheaper Chinese AI
US tech firms exposed to big artificial intelligence (AI) investments are seeing their shares take a hammering over the emergence of a low-cost Chinese competitor. The likes of Nvidia, Meta Platforms, Microsoft, and Alphabet all saw their stocks come under pressure as investors questioned whether their share prices, already widely viewed as overblown following a two-year AI-led frenzy, were justified. Leading AI chipmaker Nvidia's shares bled 11% at the open on Wall Street but were up to 17% lower during afternoon dealing, while the tech-focused Nasdaq index slid by more than 3%.
- Insider Monkey
Meta Platforms, Inc. (META): AI Investments Propel Revenue Growth and Boost Stock Outlook
We recently compiled a list of the 35 Most Important AI Stocks for 2025 According to JPMorgan. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against the other AI stocks. Investors have become increasingly concerned about the rising capital expenditures on artificial intelligence, with many wondering whether […]
- The Telegraph
Labour-backing green tycoon poised for £25m payday from oil-rich UAE
Labour donor Dale Vince is in line for a £25m windfall after a British green energy supplier was snapped up by a company backed by the United Arab Emirates.
- HuffPost
Trump Pardoned A Jan. 6 Rioter. Now He's 'At Large' For A Crime.
The alleged victim is under 17 years old, prosecutors said.
- The Canadian Press
Tech stocks tumble as a Chinese competitor threatens to upend the AI industry; Nvidia down 17%
NEW YORK (AP) — Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they've been feasting on.
- Associated Press
Brian Schottenheimer says he's 'ready' to coach Cowboys after long career as NFL assistant
Brian Schottenheimer was quick to address the skeptics over his hiring to lead the Dallas Cowboys, even before taking a moment to recognize his late father, longtime NFL coach Marty Schottenheimer. The Cowboys promoted their offensive coordinator less than two weeks after parting ways with Mike McCarthy, who brought Schottenheimer in as a consultant in 2022 and was on an expiring contract after a 7-10 season. Schottenheimer has 25 years of NFL coaching experience, but none as a head coach.
- The Canadian Press
Ford government pledges $1.4B to boost primary health care, days before election call
TORONTO — The Ontario government is planning to increase its efforts to boost primary care by $1.4 billion, an announcement made on what is set to be the government's last full day before parliament is dissolved ahead of a snap election.
- FTW Outdoors
Trump says McKinley, but Denali forever is a popular sentiment
A common sentiment in Alaska is that while President Donald Trump has ordered the name of North America’s tallest peak to be changed from Denali to McKinley, Alaskans will call it what they want. And popular consensus seems to favor Denali. Jeff King, a four-time winner of…
- The Weather Network
Damaging winds, blizzard conditions prompt widespread warnings in Ontario
A powerful cold front will push strong winds and bursts of heavy snow across Ontario on Monday, prompting widespread warnings for dangerous travel and potential power outages. Drivers urged to postpone non-essential travel, and ensure devices are fully charged
- Insider Monkey
Why Did Evercore Name Salesforce (CRM) a Top AI Enabler?
We recently published a list of Top 10 AI News You Shouldn’t Miss. In this article, we are going to take a look at where Salesforce, Inc. (NYSE:CRM) stands against other top AI news you shouldn’t miss. All everyone could talk about in the technical AI landscape these days is DeepSeek-R1, a Chinese open-source LLM […]
- Business Insider
Meta's chief AI scientist says DeepSeek's success shows that 'open source models are surpassing proprietary ones'
Meta's chief AI scientist, Yann LeCun, said DeepSeek's success with R1 said more about the value of open-source than Chinese competition.
- USA TODAY
Cruel and unusual? Supreme Court declines to review Mississippi voting ban for convicted felons
Voting rights experts say Mississippi’s restrictions are among the harshest because the state bans voting by first-time offenders who commit non-violent felonies.
- Insider Monkey
NVIDIA Corporation (NVDA): AI Surge Drives Record Revenue and $3 Trillion Market Value Growth
We recently compiled a list of the 35 Most Important AI Stocks for 2025 According to JPMorgan. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other AI stocks. Investors have become increasingly concerned about the rising capital expenditures on artificial intelligence, with many wondering whether the […]
- FTW Outdoors
NFL fans learned what a palpably unfair act is thanks to the Commanders' tush push strategy
The Philadelphia Eagles' "brotherly shove" has been the subject of much discussion over the last few years, spawning talks of potential rule changes to disallow it. On Sunday, the play helped NFL fans learn about a previously obscure