Opinion: It is hard to overstate what a humiliation the launch of the Chinese AI model Deepseek-R1 is for US tech The post Why America’s tech oligarchy is in shambles appeared first on Newsroom.

DeepSeek, the Chinese startup that has managed to make a mockery of Silicon Valley’s capital-bloated AI oligarchy, has done it again. On Monday morning, the company announced the release of yet another open-source AI system,

In December 2024, the Australian government unveiled draft legislation on big tech to level the playing field. The proposed law seeks to foster fair competition, prevent price gouging, and give smaller tech and news companies a chance to thrive in a landscape increasingly dominated by global giants.

Last Wednesday, during former President Joe Biden's farewell address, he warned that the U.S. could become an "oligarchy." Here's what it means

Explore the pros and cons of the first round of technology developments from President Trump's first week in office. What impact will his bold tech moves have?

President Joe Biden in his Wednesday farewell speech to the nation warned that American democracy was sliding into an “oligarchy” of tech billionaires. But what exactly is an oligarchy? What is an oligarchy?

Meta, Amazon and OpenAI CEO Sam Altman donated $1 million ... Biden’s use of the word “oligarchy” was no accident — it’s a direct reference to the form of government in Russia, whose ...

What is an oligarchy? In short ... release first lady Melania Trump ‘s new documentary. Meta, Amazon and OpenAI CEO Sam Altman last month donated $1 million to Trump’s inauguration fund.

What is an oligarchy? In short ... release first lady Melania Trump ‘s new documentary. Meta, Amazon and OpenAI CEO Sam Altman last month donated $1 million to Trump’s inauguration fund.