Tesla Inc. CEO Elon Musk was in the Oval Office of the White House in Washington, DC, on Tuesday, February 11, 2025.
Aaron Schwartz | Bloomberg | Getty Images
In January, U.S. consumers were reluctant to open their wallets, causing retail sales this month to exceed expectations, which could make GDP severe because the U.S. economy is very dependent on consumer spending.
In the corporate world, wallet strings seem to be looser. Transactions between Intel,,,,, Broadcom and TSMC It is reportedly in the early stages of negotiations that the legendary U.S. chipmaker may be seen splitting its business into two parts.
Money also flows through Elon Musk. The “Special Government Employee” proposed a $97 billion bid to OpenAI on February 10. But Friday’s AI startup rejected it. Openai chairman Bret Taylor said in a statement that the company is “not for sale” and proves that there are even something that cannot be purchased.
What you need to know today
Openai rejects musk
Openai rejects Elon Musk’s proposal Nonprofit parents who bought AI startups for $97.4 billion. Openai’s lawyer William Savitt wrote to Musk’s lawyer Marc Toberoff on Friday, the board ended the billionaire’s “massive ‘bidding’ is not actually a bid at all ”. “Even the first proposal was not in the best interest of the OAI mission and was rejected,” Savette’s letter said.
TSMC and Broadcom are interested in Intel
Taiwan Semiconductor Manufacturing Corporation and Broadcom are under review Intel bidding that divides chip manufacturers into twothis Wall Street Journal The source familiar with the matter was reported on Saturday. According to the Wall Street Journal, Broadcom is interested in Intel’s chip design and marketing business, while TSMC is working on chip factories for U.S. companies. Neither company cooperates with each other and negotiations are still in its early stages.
Pacific Region Mixed Market
The main benchmark in the United States is mixed on Friday. this S&P 500 Almost no change, Dow Jones Industrial StatisticsE fell by 0.37%. but, Nasdaq Composite Materials Up 0.41%. All indexes ended for a week. Japanese Nikkei 225 Release GDP data is flat. From Hong Kong Hanging Forest Index Although the stock’s stock fell by about 0.3% Tencent The highest level since July 2021 in the trading day increased by about 2.6%.
Japanese Ekes grows in 2024
Japan’s economy grew by 0.7% According to the three-month quarter ended in December. Preliminary government data. That was higher than 0.3% expected in Reuters’ vote and surpassed the 0.4% increase in the third quarter. Exports cancelled economic growth, while domestic demand contracted slightly. The annual GDP slowed to 0.1%, reducing the 1.5% expansion in 2023.
XI speaks at the Entrepreneurs Workshop
Chinese President xi jinping delivered a speech According to a seminar attended by famous entrepreneurs, such as Alibaba founder Jack MA, Huawei CEO Ren Zhengfei and Xiaomi CEO Lei Jun. National Media Xinhua News Agency. Analysts say Xi Jinping’s emergence at the seminar with stronger support for private-sector entrepreneurs and could mark a turning point in China’s technology sector.
(Pro) Funds to Escape from Chinese Stocks
Last September, China introduced stimulus measures aimed at boosting the country’s economy, which led to a CSI 300 rally. This time, the second round of plans for the stock market is released in January. Then why Funds allocated to stocks listed in China and Hong Kong Falling every year in the past five years?
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How China’s DeepSeek improves the already thriving data center market
Over the years, analysts have predicted exponential growth in data centers, the critical infrastructure needed to power the world’s digital transition and training on large language models. Data centers usually take at least two years to build, and orders have been mostly taken into account for 2025 – meaning that the launch of DeepSeek’s cost-effective and disruptive R1 model is unlikely to have any impact immediately.
That is, it is unlikely that DeepSeek will “significantly reduce the power demand for reasoning.” Ryan Cox, head of AI at AI consulting firm Synechron, also expects DeepSeek’s more efficient technology to eventually lead to more data center demand.