Chinese automaker Great Wall Motor and the nation’s top telecom providers are integrating DeepSeek’s cutting-edge AI model into their systems, marking a significant step in China’s push to lead the global AI race. Great Wall Motor, the country’s first listed car manufacturer, has incorporated DeepSeek’s technology into its ‘Coffee Intelligence’ connected vehicle system to enhance its smart car capabilities. Meanwhile, China’s three major telecom giants, China Mobile, China Unicom, and China Telecom, are collaborating with DeepSeek to promote the widespread adoption of advanced AI solutions, signalling a broader effort to modernise the country’s tech infrastructure.
Integrating DeepSeek’s AI platform has ignited a wave of optimism among investors, who see it as a potential game-changer for China’s tech sector. Shares of AI-related companies, including chipmakers, software developers, and data centre operators, have recently surged as market participants bet on the transformative impact of the technology. However, some firms have tempered expectations, cautioning that the immediate business benefits remain uncertain. For instance, Capitalonline Data Service, a cloud computing provider, saw its shares soar 49% last week after deploying DeepSeek’s model but emphasised that the long-term financial impact is still unclear.
Similarly, MeiG Smart Technology, a Shenzhen-based company specialising in IoT devices, reported that its work on adapting DeepSeek’s AI is in its early stages and has yet to generate new revenue. Despite this, its shares jumped 33% in three days, reflecting the market’s enthusiasm for AI-driven innovation. Other tech heavyweights like Tencent and Huawei have also announced plans to integrate DeepSeek’s technology, further fueling the narrative of China’s AI ambitions.
Why does it matter?
The rapid adoption of DeepSeek’s AI model tells us a lot about China’s determination to compete globally in the AI arena, with both private and state-owned enterprises rallying behind the technology. While the immediate economic impact remains uncertain, the move underscores the growing importance of AI in reshaping industries from automotive to telecommunications.
Google has scrapped its diversity-based hiring goals and is reviewing its inclusion initiatives, aligning with other US businesses scaling back such efforts. Chief People Officer Fiona Cicconi confirmed the company would no longer set aspirational diversity targets, marking a shift from commitments made in 2020 to improve representation across leadership roles.
A goal set by CEO Sundar Pichai in 2020 aimed for 30% of leadership hires to come from underrepresented groups by 2025. Reports indicate Google had reached 60% of its five-year objectives by early 2024. However, recent regulatory filings show that the company removed previous statements about making diversity a core focus, reflecting its broader reassessment of DEI programmes.
Alphabet Workers Union criticised the move, calling it part of a larger trend against workplace diversity in the tech sector. As a federal contractor, Google also cited the need to comply with changing regulations and executive orders affecting DEI initiatives. Internal employee groups such as “Black Googler Network” and ‘Trans at Google’ will remain in place, continuing to inform company policies.
Other major technology firms, including Meta and Amazon, have also reduced their DEI commitments. Conservative groups have challenged corporate diversity policies following a 2023 US Supreme Court ruling against affirmative action in university admissions, increasing pressure on businesses to revise their approaches.
Greece is taking steps to address the impact of AI on the labour market by strengthening its Labour Market Needs Assessment Mechanism and implementing retraining programs. Speaking at a conference in Brussels, Labour Minister Niki Kerameus highlighted the rapid pace of AI development and its transformative effects on the workforce. She emphasised the need for protective measures to ensure workers benefit fully from AI’s potential.
Kerameus outlined two key initiatives Greece is focusing on. The first involves mapping current and future labour market needs, especially for new skills and specialities driven by AI. The Ministry of Labour is enhancing its market needs with a diagnostic mechanism to track real-time employee skills and labour market demands.
The second initiative involves retraining programs to help workers adapt to the evolving job landscape. Kerameus reassured that while AI will continue to change how people work, it should not be feared. Greece is prioritising skills programs, particularly in digital and green sectors, and aims to involve 10% of the active workforce in these initiatives by 2026.
China has introduced a series of measures targeting US businesses, including Google, farm equipment makers, and the owner of Calvin Klein, following the implementation of new US tariffs on Chinese goods. Among these measures, China launched an investigation into Google for potential violations of anti-monopoly laws, although no further details were provided. Despite its minimal presence in China, Google continues to collaborate with local advertisers.
China’s Ministry of Commerce also added US firms PVH Corp and Illumina to its ‘unreliable entity’ list, accusing them of actions that harmed Chinese companies. The companies could face significant sanctions, including trade freezes and restrictions on foreign staff. PVH has already been under scrutiny for its ties to the Xinjiang region.
As part of a broader response, China imposed 10% tariffs on US farm equipment, which could impact companies like Caterpillar, Deere & Co., and AGCO. Tesla’s Cybertruck, a model that has yet to receive regulatory approval, could also be affected. These new tariffs, set to take effect on February 10, signal an escalation in trade tensions between China and the US, extending beyond the tech sector.
These moves mark a significant increase in trade restrictions, building on previous actions taken under former US President Biden’s administration. Analysts suggest that these measures may be used as leverage, with the potential for de-escalation if either side chooses to back down.
Salesforce is cutting more than 1,000 jobs while simultaneously hiring employees to support its growing AI business, according to a Bloomberg report. Affected workers will have the opportunity to apply for other positions within the company, but it remains unclear which divisions will see the largest reductions. Salesforce has not yet commented on the job cuts.
The customer relationship management software giant had over 72,000 employees as of early 2024. CEO Marc Benioff previously announced that Salesforce had secured more than 1,000 paid deals for its AI-driven platform, Agentforce. The latest layoffs follow previous reductions, including 700 jobs cut in early 2024 and another 300 later in the year.
The job cuts highlight the company’s shift towards artificial intelligence, as it seeks to capitalise on growing demand for AI-powered tools. Despite the reductions, Salesforce continues to invest in AI products and expand its workforce in areas aligned with its future growth strategy.
Indian entrepreneur Bhavish Aggarwal is investing $230 million into Krutrim, an AI startup he founded, as part of India’s push to establish itself in the global AI market. The company, which develops large language models (LLMs) for Indian languages, aims to raise a total of $1.15 billion by next year, with Aggarwal seeking additional funding from external investors.
In a significant move, Krutrim has made its AI models open source and announced plans to build India’s largest supercomputer in partnership with Nvidia. The firm recently introduced Krutrim-2, a 12-billion parameter model that has demonstrated strong performance in Indian language processing and code generation. It has also launched BharatBench, a new evaluation framework designed to assess AI models’ proficiency in Indian languages.
The investment follows the launch of Krutrim-1, India’s first large language model, and aligns with broader efforts to position India as a key player in AI, traditionally dominated by the US and China. Krutrim has also begun hosting Chinese AI lab DeepSeek’s models on domestic servers, signalling India’s growing role in the AI ecosystem. With a supercomputer set to go live in March, the company is poised for rapid expansion in the coming months.
Paris-based startup Neuralk-AI has raised $4 million to develop AI models tailored for structured data, such as databases and spreadsheets. Unlike traditional AI, which excels at unstructured content like images and text, Neuralk-AI’s approach aims to help businesses extract deeper insights from their existing data warehouses. Retailers, in particular, could benefit from its models, using AI to optimise inventory, detect fraud, and refine customer recommendations.
The company, co-founded by Alexandre Pasquiou, plans to launch its AI models as an API for data scientists in commerce-focused industries. By automating complex workflows and enhancing data analysis, Neuralk-AI hopes to offer a more efficient alternative to traditional machine learning tools. The startup is already collaborating with major French retailers such as E.Leclerc and Auchan to test its technology.
Backed by Fly Ventures, SteamAI, and industry leaders including Hugging Face’s Thomas Wolf, Neuralk-AI is working towards becoming the leading AI solution for structured data. The first version of its model is expected to launch in the coming months, with a full benchmark release planned for later this year.
Bengaluru-based startup Presentations.ai has raised $3 million in a seed round led by Accel to enhance its AI-powered platform for creating business presentations. The company, which launched in 2019, saw rapid growth after the emergence of ChatGPT, gaining over a million users within three months of its beta release. Now, with over 5 million users worldwide, it aims to become the go-to AI tool for generating high-quality presentation decks.
The Indian platform uses advanced language models to streamline the presentation-making process, offering features like automated slide design, brand-aligned templates, and real-time collaboration. It also integrates text-to-image AI models, allowing users to generate custom visuals effortlessly. With a freemium model introduced in 2024, the startup has attracted tens of thousands of paying users, further solidifying its market presence.
With backing from key investors, including entrepreneurs from Paytm, CRED, and Freshworks, Presentations.ai is now working on an AI-powered assistant that can generate slides within any application. The company is also expanding its enterprise sales team to target businesses looking for more efficient ways to create presentations.
Norwegian-founded startup Tana has raised $25 million to fuel its AI-powered productivity platform, which has already drawn significant attention with a waitlist of over 160,000 users. The company’s software uses AI to streamline task management, automatically capturing, organising, and acting on information from meetings, notes, and conversations. With an approach reminiscent of object-oriented programming, its ‘Supertag’ feature transforms unstructured data into actionable insights.
Led by Tola Capital, the latest funding round brings Tana’s valuation to $100 million, with backing from investors such as Lightspeed Venture Partners and Northzone. Angel investors include notable tech figures like Google Maps co-founder Lars Rasmussen and Dropbox co-founder Arash Ferdowsi, highlighting the growing interest in AI-driven workplace tools. The startup, headquartered in Palo Alto with operations in Norway, is spearheaded by ex-Googlers Tarjei Vassbotn and Grim Iversen, the latter having worked on the now-defunct Google Wave.
Tana integrates with multiple workplace tools like Zoom and is designed to evolve as it processes more data, aiming to address long-standing challenges in productivity software. While currently best suited for tech-savvy professionals, the founders believe their AI knowledge graph will reshape how businesses handle information in the future. Investors are betting on Tana’s long-term vision, with some already using the platform to manage their own operations.
A trial in Sutton is using AI sensors to monitor the well-being of vulnerable people in their homes. The system tracks movement, temperature, and appliance usage to identify patterns and detect unusual activity, such as a missed meal or a fall. The initiative aims to allow individuals to live independently for longer while providing reassurance to their loved ones.
Margaret Linehan, 86, who has dementia, is one of over 1,200 residents using the system. She described it as a valuable safety net, helping alert her family if something is amiss. Her daughter-in-law, Marianne, can check an app to monitor activity and receive alerts. On one occasion, when Margaret got up for a cup of tea in the middle of the night, the system notified her son, highlighting its ability to detect unexpected behaviour.
The AI-powered technology, which does not use cameras or microphones, has already detected over 1,800 falls in the past year, enabling rapid responses from care teams. Sutton Council is trialling the system as part of a wider government initiative exploring AI’s role in improving public services. Experts hope the technology will revolutionise social care by providing proactive support while ensuring people’s privacy and independence.
