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DeepSeek sparked an AI arms race among Chinese asset managers, shaking up China’s $10T fund management industry as firms expand AI research and adopt DeepSeek (Reuters)
Sources: SoftBank plans to buy a former Sharp LCD panel plant in Osaka for ~$676M and convert it into a data center for jointly developing AI agents with OpenAI (Nikkei Asia)
Sources: DeepSeek has shown little intention to further commercialize its tech in the near term, instead focusing on model development and building AGI (Zijing Wu/Financial Times)

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