Companies from Silicon Valley to Europe are turning to Chinese AI models as they try to lower the cost of using technology and cut dependence on US frontier labs, according to FT
Newsquawk Staff ·
Companies from Silicon Valley to Europe are turning to Chinese AI models as they try to lower the cost of using technology and cut dependence on US frontier labs, according to FT.
Sources
- European Commission will discuss drug pricing concerns raised by EU countries and pharmaceutical companies as they navigate US pressures, reports Politico
- DeepSeek and Minimax get license for overseas use, reports Chinese Media
- Infineum is exploring a USD 8bln sale, the FT reports
- Deepseek is reportedly looking to increase the pace of its IPO timeline, sources suggest
- Newsquawk European Market Wrap - 19th October 2026
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