Business leaders are reacting to DeepSeek's rise, which sent US tech stocks tumbling.Intel's former CEO said DeepSeek would expand the AI market instead of diminishing it.Meta promised a new "leading state of the art" AI model and pledged more investment.
AI dominated talk at Davos 2025 as the World Economic Forum’s annual meeting, with its theme of collaboration in the intelligent age, took over the Swiss ski resort, and none more so than the chatter about China’s DeepSeek.
Europe should take greater risks and plough more money into artificial intelligence, Meta's chief AI scientist Yann LeCun told AFP at the World Economic Forum.
Leading business and political figures attending the World Economic Forum meeting in Davos, Switzerland, have discussed and debated topics such as technology, tariffs, climate change, Ukraine, Gaza and the global economy this week.
Global leaders from across business, philanthropy, and policy convened during the World Economic Forum’s (WEF) Annual Meeting in Davos for a high-level ses..
The fallout from the seemingly overnight surge in interest around DeepSeek was swift, and severe: The company’s AI model, which it claims to have developed