June Yoon

OpenAI’s private market valuation stands at US$500 billion.

Is an AI price war about to begin?

Assumptions underpinning valuations of big US groups might be too optimistic

In Q1 2025, BYD outsold Tesla in pure battery EVs for the second straight quarter. As the Chinese company does not sell passenger EVs in the US, it is insulated from the chaos unleashed by Trump’s latest tariff push.
THE BOTTOM LINE

Donald Trump has given BYD the edge over Tesla

The Chinese carmaker’s absence from the US, once seen as a weakness, has turned into an asset

By open-sourcing AI models, such as DeepSeek R1, Chinese tech groups create an ecosystem where global developers continuously improve their models – without shouldering all the development costs.

Why China is suddenly flooding the market with powerful AI models

The pace of Beijing’s open-source push has been relentless