In an era where innovation is the currency of global leadership, the Information Technology Agreement (ITA) once embodied a vision of a tariff‐free digital economy. By eliminating tariffs on a broad array of ICT products through a zero-in/zero-out approach, the ITA helped drive down costs, boosted reinvestment in R&D, andContinue Reading
On January 20, the release of China’s newest AI model, DeepSeek R1, sent the markets and tech world into a spiral. This was primarily because its reasoning model performs on par with leading U.S. firm OpenAI’s similar o1 model, but was trained at a fraction of the cost. Influential techContinue Reading
In December 2024, the Hangzhou-based AI company DeepSeek released its V3 model, igniting a firestorm of debate. The result has been dubbed “China’s AI Shock.” DeepSeek-V3’s comparable performance to its U.S. counterparts such as GPT-4 and Claude 3 at lower costs casts doubt on the U.S. dominance over AI capabilities,Continue Reading
