DeepSeek drives US$1.3 trillion China stock rally as funds pile in

Hedge funds have been piling into Chinese equities at the fastest pace in months as bullishness on the DeepSeek-driven technology rally adds to hopes for more economic stimulus.

Chinese Tech companies Tencent and Baidu are integrating and testing DeepSeek's AI model to Supercharge their Apps' search engines.

Tencent has begun testing access to Deepseek's capabilities in its WeChat Messaging App, boasted as China's largest. Users will be able to access DeepSeek absolutely free by clicking on the "AI search" option on WeChat.

Similarly, Baidu said that it will fully integrate its search engine with DeepSeek's R1 model as well as its own Ernie Chatbot.

China’s onshore and offshore equity markets have added more than US$1.3 trillion in total value in just the past month amid such reallocations, while India’s market has shrunk by more than us $720Bn.

Read: DeepSeek Demystified: Separating Fact from Hype

Reference Sources

1. thestarmy - DeepSeek drives US$1.3 trillion China stock rally as funds pile in
2. cnbc - 'Game on': Tech execs say DeepSeek ramps up China-U.S. competition but won't hurt OpenAI
3. businessinsider - DeepSeek keeps boosting Chinese tech stocks. Goldman Sachs says this upswing could be different.
4. nikkei - Tencent's embrace of DeepSeek set to shake up China chatbot market

#AI #China #TechNews #GlobalPolitics #Mexico #DeepSeek

Meta plans to build world’s longest underwater subsea cable venture

Meta, the parent company of Facebook, Instagram, and Whatsapp, has announced plans to build the world's longest underwater able project. Project Waterworth will connect the US, India, South Africa, Brazil, and other regions.

The 50,000Km sub-sea cable will be the longest to date that uses a 24 Fibre-Pair system, giving it a higher capacity and will help support Meta's artificial intelligence (AI) projects. Subsea cables have become increasingly important as they provide the means to power a variety of digital services and transfer data worldwide at speed.

One regularly-cited statistic suggests more than 95% of the world's Internet traffic is transferred through undersea cables.

Read: A cyber timebomb is ticking, is Taiwan at risk?

Reference Sources

1. bbc - Meta plans globe-spanning sub-sea internet cable
2. theguardian - Meta plans to build worlds longest underwater subsea cable venture

Mexico says it will sue Google if it insists on using ‘Gulf of America’ for Gulf of Mexico

Mexico's president Claudia Sheinbaum has said that the country will take Google to court if it insists on changing the Gulf of Mexico's name to "Gulf of America" for maps users in the United States.

She said her government had written again to the US company arguing that President Donald Trump's executive order on the subject only applies to the part of the continental shelf belonging to the United States.

The letter informs Google that "under no circumstances does Mexico accept the renaming of any geographic area that includes part of its national territory and that is under its jurisdiction."

Sheinbaum said what Google is doing here is changing the name of the continental shelf of Mexico and Cuba, which has nothing to do with Trump's decree. As it stands, the Gulf appears in Google maps as Gulf of America within the United States, as Gulf of Mexico within Mexico, and Gulf of Mexico (Gulf of America) elsewhere.

Reference Sources

1. usnews - Mexico Awaits New Response From Google on Dispute Over Gulf of Mexico Name Before Filing Lawsuit
2. gmanetwork - Mexico says it will sue Google if it insists on using ‘Gulf of America’ for Gulf of Mexico
3. cnnen - Mexico threatens to sue Google over name change of Gulf of Mexico on US maps
4. apnews - Mexico awaits new response from Google on dispute over Gulf of Mexico name before filing lawsuit

The CommonWealth English daily news digest is a service curated by CommonWealth English team with the help of AI tools.