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Monday, 10 March 2025

Asset managers and investors say wealthy Chinese investors are using SPACs to quietly funnel tens of millions of dollars into Musk's xAI, Neuralink, and SpaceX (Sun Yu/Financial Times)

Sun Yu / Financial Times:
Asset managers and investors say wealthy Chinese investors are using SPACs to quietly funnel tens of millions of dollars into Musk's xAI, Neuralink, and SpaceX  —  Asset managers have been promoting tech mogul's ties to Donald Trump to lure capital to xAI, Neuralink and SpaceX



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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a "massive overreaction" (Bloomberg)

Bloomberg : Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's ...