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Exclusive-Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say

Demand for Huawei’s Ascend 950 AI chips has surged following the release of DeepSeek’s V4 artificial intelligence model that runs on the Shenzhen-based tech firm’s chips, with major Chinese internet firms rushing to secure orders, three people familiar with the matter said.

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China suspends new autonomous vehicle permits after Baidu outage, Bloomberg News reports

China has suspended issuing new licenses for autonomous vehicles after robotaxis operated by Baidu’s Apollo Go abruptly stopped in Wuhan last month, Bloomberg News reported on Wednesday, citing people familiar with the matter.

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AI disruption puts focus on long-term value of US equities, Goldman Sachs says

AI’s potential to disrupt businesses has sparked concerns over the dependency of U.S. equity valuations on long-term growth forecasts, particularly in the software sector, Goldman Sachs said.

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Goldman cuts access to Anthropic's Claude for Hong Kong bankers, source says

Goldman Sachs has removed access to Anthropic’s Claude for its bankers in Hong Kong, a source with direct knowledge of the situation said, as banks step up scrutiny of AI tools due to growing sensitivity over data security and cyber risks.

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