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Apple Inc. (AAPL) faces pressure as UBS warns of slowing services growth, noting users are keeping iPhones longer, which may hinder upgrades. The stock holds a "Neutral" rating with a $236 target, ranking 5th among AI stocks this week, while some analysts see better investment potential in other AI stocks.
China has narrowed its AI development gap with the US to just three months in certain areas, according to Lee Kai-fu, CEO of 01.AI. He noted significant advancements by Chinese firms like DeepSeek, which has launched an AI reasoning model that enhances algorithm efficiency using lower-cost hardware, countering the notion that US sanctions have severely impacted China's AI progress.
Lee Kai-fu, founder of 01.AI, has announced a strategic shift towards integrating DeepSeek's open-source models in response to the rising demand for AI solutions in China, marking a pivotal moment for the industry. Initially focused on large language models, 01.AI is now customizing DeepSeek’s technology for corporate clients in finance, gaming, and legal sectors, distinguishing itself from competitors. The growing popularity of DeepSeek among vendors presents significant growth opportunities for 01.AI in the competitive AI landscape.
Kai-Fu Lee
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apple faces pressure as services growth slows amid ai competition
14:23 28.03.2025
China narrows AI gap with US as DeepSeek advances technology
10:01 25.03.2025
China's 01.AI embraces DeepSeek models amid rising AI demand
02:00 23.03.2025
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