DeepSeek AI: Disrupting the Tech Landscape


DeepSeek, backed by Chinese hedge fund High-Flyer, has surged in popularity with its AI models, challenging U.S. tech dominance. Using cost-effective techniques, DeepSeek’s models like DeepSeek-V2 and V3 have outshined competitors, leading to price drops by rivals. Despite regulatory constraints, its models are widely used, stirring market reactions.

Read more on TechCrunch.

Wipro Declares Interim Dividend; Q3 FY25 Profit Soars 24%

Wipro announced an interim dividend of Rs 6 per share for FY 2024-25 with Q3 results showing a 24% YoY net profit increase to Rs 3,354 crore. The record date is January 28, with payment by February 15. Analysts have mixed views, with target prices ranging from Rs 280 to Rs 350.

Read more on NEWS18.

IIT Madras Gains Free Access to Perplexity AI’s Pro Version

IIT Madras students, faculty, and staff gain free access to Perplexity AI’s Pro version, announced by alumnus and CEO Aravind Srinivas. This advanced search tool, normally $20/month, offers deeper AI capabilities. The initiative aims to boost AI education and research. Srinivas is also looking to expand Perplexity’s operations in India and recently met PM Modi.

Read more on YourStory.

X