Business

DeepSeek’s AI products have shaken up the American stock market and tech industry—but some experts are questioning how big of a threat the Chinese company really is.

The hottest new AI model is Chinese made—and it’s avoiding questions about Tiananmen Square, Taiwan and Xi Jinping.

Five years ago, billionaire Chip Wilson bet big on Amer Sports, the parent company of such brands as Arc’teryx, Salomon and Wilson. His stake has since ballooned in value–and is on the verge of eclipsing the worth of his Lululemon shares.

Billionaire Solomon Lew’s Premier Investments is merging its apparel brands with department store chain Myer Holdings, cementing their dominance in Australian retail.

The AI assistant will first be made available to subscribers of ChatGPT Pro, a $200 a month subscription, and eventually roll out into the free version of ChatGPT.

Musk has been under scrutiny after making a hand gesture resembling a Nazi salute at a Trump inauguration event earlier the week.

Altman and Musk were OpenAI’s founding co-chairs in 2015, but their relationship has devolved into name-calling and lawsuits.

New York billionaire Charles Cohen took over his family’s real estate firm and kept expanding. Now he’s battling multiple foreclosures and working to save his fortune.

Software startup Clay took years to figure out its product. Now it’s growing fast, with tens of millions in revenue and a valuation that’s doubled in six months.

Murdoch’s U.K.-based publisher of The Sun tabloid, News Group Newspapers, has agreed to pay “substantial damages” to settle Harry’s legal claim.