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DeepSeek Pauses Fundraising After Founder's Remarks Leaked
DeepSeek Pauses Fundraising After Founder's Remarks Leaked
Authored by Arthur Zhang via The Epoch Times,
Chinese artificial intelligence (AI) startup DeepSeek has paused a second fundraising round after founder Liang Wenfeng’s remarks at a conference circulated online, including a statement that the company could obtain some processors he described as “noncompliant.”
Liang made the remarks during a May 20 closed-door investor meeting on why DeepSeek was receiving fewer Huawei processors than China’s major internet companies. The transcript of the meeting was shared online and posted on GitHub on July 22.
“For us, we...
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Aug 15, 2026 / Tyler Durden
"Won't Be Short-Lived": JPMorgan Warns Next Global Food Crisis Could Erupt Next Year
"Won't Be Short-Lived": JPMorgan Warns Next Global Food Crisis Could Erupt Next Year
JPMorgan is the latest institutional research desk to warn that the next global food crisis may already be taking shape, driven by what its analysts describe as the "Five Ws": War, Weather, Warehousing, Water, and Waste.
In a new report titled Food Security Is National Security: A Compounding Storm, a team led by London-based senior global economist Nora Szentivanyi warned that disruptions around the Strait of Hormuz and the emergence of a potentially historic El Niño could weaken...
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Aug 7, 2026 / Tyler Durden
Saudi Arabia, Turkey, Pakistan Sign Islamic NATO-Style Defense Pact Amid Iran War
Saudi Arabia, Turkey, Pakistan Sign Islamic NATO-Style Defense Pact Amid Iran War
On Friday Saudi Arabia, Turkey and Pakistan signed a major defense agreement as leaders gathered in the city of Makkah, Saudi Arabia. It seeks to strengthen joint deterrence and expanding defense cooperation, the Saudi Press Agency reported.
It is essentially a NATO-style agreement for the 'Muslim world' - given that it stipulates and formalizes that an armed attack on any of the countries will be treated as an attack against all of them.
Formally called the Makkah Joint Defense Agreement, it "reflects...
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Aug 20, 2026 / Tyler Durden
NATO F-16s Blow Up Sea Drone That Threatened Romania's Largest Deep Gas Platform
NATO F-16s Blow Up Sea Drone That Threatened Romania's Largest Deep Gas Platform
A wild and highly dangerous intercept incident happened in the Black Sea on Thursday. A pair of Romanian F-16s were dispatched to track and intercept a sea drone in the vicinity the huge Neptun Deep gas platform.
The platform sits 80 miles east of the Romanian Black Sea city of Constanta and is the country's largest natural gas project and its first deep offshore project, with hundreds of people working at the site at any given time.
Omv Petrom
The Wall Street...
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