January 29, 2025

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Latest January 29, 2025

Alibaba Unveils Qwen 2.5 AI Model, Claiming It Surpasses Top Competitors

Key Points Alibaba released its Qwen 2.5-Max AI model, claiming it surpasses DeepSeek-V3, GPT-4o, and Llama-3.1-405B. DeepSeek’s rapid rise has shaken the global AI industry, prompting stock declines in Silicon Valley. DeepSeek-V2 sparked an AI price war, forcing Alibaba, Baidu, and Tencent to cut model costs. Unlike large corporations with high costs, DeepSeek operates with...

Norway’s $1.8 Trillion Wealth Fund Reports Record $222 Billion Profit in 2024

Key Points Norway’s sovereign wealth fund recorded a $222 billion profit in 2024. The tech sector, including Apple, Microsoft, and Nvidia, was the main driver. The fund’s return on investment for 2024 was 13%. Equity investments gained 18%, while renewable energy investments dropped 10%. State inflows into the fund were 402 billion crowns, significantly lower...

Scientists Develop New Material to Remove Harmful Pollutants from Water

Key Points Scientists at The University of Manchester developed a new material to capture harmful pollutants from water. The material uses metal-organic cages (MOCs) to trap contaminants from rivers and lakes. The technology uses hydrophobic binding, allowing pollutants to adhere to the inside of the cage. The material could have applications in water purification, green...