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DeepSeek Undercuts Existing LLMs with Cheaper Pricing, Less Energy Usage

China-based AI startup DeepSeek has released an open-source version of its reasoning model, DeepSeek-R1, claiming it matches OpenAI’s o1 on certain AI benchmarks. The news has caused a shakeup in global tech stocks, wiping nearly $1 trillion from stock market valuations, with Nvidia losing almost $600bn (£482bn) in market value. US President Donald Trump has […]

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U.S. DOE announces $625 million for Quantum Research Centers

The US Department of Energy’s Office of Science (SC) has announced that $625 million is available to support National Quantum Information Science Research Centers. These centres, which are multi-institutional, multi-disciplinary teams, will accelerate the transformational advances in basic science and quantum-based novel-technology platforms needed to develop world-leading capabilities in Quantum Information Science (QIS) and in […]

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