Historically, the Vanguard Information Technology ETF has averaged a total annual return of 13.7% since its inception 21 years ago. That figure implies the fund should beat out the S&P 500 again in 2025, but a deeper look suggests this year may not be typical for the ETF from a performance standpoint.

Here's how DeepSeek's R1 model stacks up against ChatGPT when it comes to giving financial advice.

Tech giants around the globe were rattled on Jan. 27 after Chinese AI start-up DeepSeek unveiled an impressive, low-cost artificial intelligence (AI) model, sparking widespread concerns about the scale of investment being poured into expensive hardware and data centers.

OpenAI is reportedly in talks to raise $40bn in a funding round led by SoftBank, taking the nine-year-old start-up to a $340bn valuation.

Japan's SoftBank is leading the investment round and is in talks to invest $15-25 billion in the deal that would make it the ChatGPT-maker's biggest financial backer. The reports came after Chinese startup DeepSeek sparked panic this week with a powerful new chatbot developed at a fraction of the cost of its US competitors,

SoftBank would lead the $40 billion round for the ChatGPT maker, some of which would go to the Stargate AI infrastructure venture.

SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.

Apple revealed quarterly results that slightly exceeded Wall Street expectations, SoftBank is in talks to invest as much as $25bn into OpenAI, and the European Central Bank cut interest rates as it warned about headwinds to the bloc’s economy.

Plus, carmaker Stellantis bets on a turnaround in Trump’s America and the rising infrastructure star at Blackstone

Japanese tech giant SoftBank Group Corp. is considering investing up to $25 billion in OpenAI, the developer of the widely used artif

AI-enabled hedge fund’s Armina Rosenberg says that if DeepSeek truly had access to as many chips as it claims, the breakthrough would have cost about $1 billion.

OpenAI says it has found evidence that Chinese artificial intelligence start-up DeepSeek used the US company’s proprietary models to train its own open-source competitor, as concerns grow over a potential breach of intellectual property.