China’s so-called “DeepSeek moment” is likely to be good news in the global race to develop artificial intelligence models that can carry out more complex tasks, according to Jean-Pascal Tricoire, chairman of French power-equipment maker Schneider Electric. “I actually think its good news. We need AI at every level,” Tricoire told CNBC’s Steve Sedgwick at…
If you took introductory physics, you learned about the “fundamental forces.” It goes something like this: All interactions are the result of one or more of five basic forces: strong nuclear, weak nuclear, gravity, electric, and magnetic. “Doing physics,” then, means identifying the forces in play. There’s a problem, though, which might not have been…
New electric vehicles destined for Belgium at a port in Taicang city in eastern China’s Jiangsu province on Jan. 11, 2025. Future Publishing | Future Publishing | Getty Images BEIJING — China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive. Sales…
A Leapmotor vehicle with range extension is on display at the company’s headquarters in Hangzhou, China, on June 22, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show. BYD, by far the market…
