Elon Musk asks court to dismiss SEC lawsuit over late Twitter stake disclosure
Billionaire Elon Musk filed a motion on Thursday seeking to dismiss a civil lawsuit brought by the U.S. Securities and Exchange Commission (SEC), whic...
Chinese companies are rapidly adopting DeepSeek’s latest AI model to improve productivity and services after its impressive debut earlier this year. The artificial intelligence model is being integrated into tech, telecom, finance, healthcare, and energy sectors.
DeepSeek has rapidly gained global attention with the release of its AI model, DeepSeek-R1—praised for its strong performance, cost-effectiveness, and open-source advantages. Major Chinese tech and telecom firms are embedding it into platforms, from social media to cloud services. But its reach is extending further—revolutionizing industries like energy, manufacturing, finance, and healthcare.
One sector already seeing major benefits is energy, where China’s National Oil and Gas Pipeline Network Group, PipeChina, has integrated DeepSeek to optimize operations, enhance pipeline safety, and improve energy transmission accuracy. According to Xu Kun, deputy general manager of a PipeChina subsidiary, AI has already produced tangible results. "The time it takes to generate production plans at the oil and gas control center has been reduced from four hours to just minutes, with a 10-percent improvement in accuracy," he said. AI has also accelerated the simulation of gas storage space in salt caverns—from several days to just one hour.
The manufacturing sector is also embracing the AI breakthrough. Telecom giant ZTE has embedded DeepSeek into its smartphones, allowing users to access multiple AI functions within a single interface. Ni Fei, president of ZTE’s Terminal Business Unit, explained, "By integrating DeepSeek, we have developed a function akin to a 'multi-expert system', where each AI expert is responsible for a specific task. Users can access various AI functionalities without having to switch between multiple apps."
In healthcare, hospitals are using DeepSeek to generate diagnostic opinions in seconds, while pharmaceutical companies are leveraging the AI model to accelerate drug development.
The financial sector is also tapping into its potential—using it for market forecasting, risk assessment, and fraud detection, ensuring a more secure investment environment.
Meanwhile, cities like Shenzhen and Guangzhou are incorporating DeepSeek into their government systems, improving data management and public services.
Experts say AI is at the heart of a new technological revolution—and China is integrating it at full speed.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
The S&P 500 and Dow Jones Industrial Average closed at record highs on Thursday (28 August), after Nvidia’s quarterly report fell short of investors’ lofty expectations but confirmed that demand for artificial intelligence (AI) infrastructure remains strong.
Malaysia Prime Minister Anwar Ibrahim said he intends to convene a summit of the Regional Comprehensive Economic Partnership in October, local media reported on Wednesday.
The Organisation for Economic Co-operation and Development (OECD) reported on Tuesday that G20 countries’ international goods trade rose slightly in the second quarter of 2025, mainly because imports into the United States fell sharply after rising in the first quarter.
The S&P 500 closed lower on Monday (25 August) as investors turned their attention to Artificial Intelligence (AI) chipmaker Nvidia’s upcoming quarterly results, following Friday’s rally that saw the Dow Jones Industrial Average close at a record high.
The global market for chemical enhanced oil recovery (EOR) is set to expand significantly over the coming decade. According to Allied Market Research’s 'Global Oil Recovery Market Report,' the market, valued at $900 million in 2021, is expected to grow at an average annual rate of 4.6%, reaching $1.
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