美中日 Business, Tech, and Culture // Unbiased Facts and Biased Opinions // Obsessed with Cameras and Photographic History // Fluent EN/CH & learning JP/ES.
Deepseek is raising $7.4 billion at $50 billion valuation with $2.9 billion in contributions from founder Liang Wenfeng. If you think Deepseek is worth 1/20th of Anthropic, you are not following how people are really using AI around the world
Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round from investors including tech firm Tencent and battery giant CATL, people with knowledge of the matter said https://t.co/lRR2ZJZWFh
@woke8yearold As someone who has taken the time, learning a logographic language requires you to completely rewrite your brain and word processing, and as you get better, it feels satisfying decoding sentences like puzzles. Ancient Chinese and modern Chinese are still very different though
@TedPillows What does BTC have going for it anymore? Everyone already knows about it, it’s not a hedge against inflation, stablecoins are better for transactions, mining equipment prices are skyrocketing, and you can’t get rich quick with it anymore. What’s the pitch to potential investors?
@Noahpinion It's a country with a billion people. Growing high tech industries will always leave rural areas and manufacturing hubs behind. Is the US economy a failure because it left Detroit, Gary, Omaha, and Birmingham in the dust? Of course, reducing inequality should always be a priority
@signulll This could also be an indicator of the “Lipstick Effect”, where women forgo larger luxury purchases and buy more small things that make them feel good and look hot. Men at home are more stressed out, so their wives/gfs think that lingerie might help
@sweatystartup When companies can run Deepseek V4 Pro or Kimi for 1/30th the cost of Claude Opus, how do Anthropic’s economics make sense? Open source breakthroughs will keep on coming, and these closed frontier models will have to fight to be profitable every single year
@RichardHanania You will always be favored when doing business if you can communicate comfortably in someone's language. Translation software does not fully capture nuance and cultural norms yet. Isolated societies, especially China and Japan, are still inaccessible without knowing the language
Here is my language tier list in terms of usefulness for business. I think a lot of the rankings within tiers are interchangeable, and this does not consider language difficulty. I did try to consider which markets already spoke a lot of English. What do you think of this list?
My tier list of languages by how useful they are.
Yes, there is nothing in A tier. English is just that goated. Chinese would be in A tier if it was less difficult.
@BernieSanders How would this work? I see 3 options:
1) Steal 50% from share owners, which are mostly institutional investors
2) Dilute every shareholder by 50%
3) Pay for it, which would cost $2.5T just for 50% of Nvidia alone
I’d rather just increase corporate taxes
@ftchina China is a new great power, not a problem. Naturally, the great powers will stretch the EU thin and force it to make hard choices between them. I believe the answer is not EU self-reliance, but a global coalition of middle countries acting as a unit. I agree with Carney at Davos
This is a massive deal and mutually beneficial for both. Steph is the most popular basketball player in China (maybe athlete in general) and this will elevate him to another level there. Li Ning has been looking to make a big splash in the US and can offer more creative freedom
Golden State Warriors star Stephen Curry has signed a shoe endorsement contract with Chinese company Li-Ning -- a landmark 10-year deal, sources tell ESPN. Li-Ning extends his Curry Brand venture globally and encompasses basketball products, athleisure, the ability for Curry to sign athletes under his brand, and a full golf line.
@EnesFreedom@StephenCurry30@NBA Ah yes, he should have signed with an American brand like Nike that surely has never been accused of running sweatshops
@Jason We used to have great thinkers in the business community like Warren Buffett, Charlie Munger, and David Ogilvy. Now we have whatever the fuck this is
@DamnDeShawn@KenHeLive Russ > IT
Rondo < Rose
Melo < Wade
Bron = Bron
AD > Love
I’d say it’s about even but Dwight brings the lakers over the top
@pmarca How is this a big project though? I can translate an entire book using deepseek in a minute. Also, what classic books are still missing translations? Translators have been in business for almost 1,000 years