Opinion: It is hard to overstate what a humiliation the launch of the Chinese AI model Deepseek-R1 is for US tech The post Why America’s tech oligarchy is in shambles appeared first on Newsroom.

The images of President Donald Trump at his inauguration surrounded by the titans of the global tech industry is a warning of what could come: a global digital oligarchy dominated by a tiny tech elite.

Last Wednesday, during former President Joe Biden's farewell address, he warned that the U.S. could become an "oligarchy." Here's what it means

The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump’s new administration

If there’s a competing interest between what’s good for Trump’s billionaire buddies and what’s good for you, who do you think will win that fight?

Explore the pros and cons of the first round of technology developments from President Trump's first week in office. What impact will his bold tech moves have?

In short, an oligarchy is an elite few who control the ... first lady Melania Trump 's new documentary. Meta, Amazon and OpenAI CEO Sam Altman last month donated $1 million to Trump's inauguration ...

ChatGPT maker OpenAI has finalised a version of its new reasoning AI model o3 mini and would be launching it in a couple of weeks, CEO Sam Altman said on Friday.

Tech billionaires such as Tesla's Elon Musk of Tesla, Mark Zuckerberg of Meta, Jeff Bezos of Amazon, Shou Zi Chew of TikTok, Sam Altman of OpenAI ... U.S. could become an "oligarchy."

DeepSeek, the Chinese startup that has managed to make a mockery of Silicon Valley’s capital-bloated AI oligarchy, has done it again. On Monday morning, the company announced the release of yet another open-source AI system,

In December 2024, the Australian government unveiled draft legislation on big tech to level the playing field. The proposed law seeks to foster fair competition, prevent price gouging, and give smaller tech and news companies a chance to thrive in a landscape increasingly dominated by global giants.

Meta, Amazon and OpenAI CEO Sam Altman donated $1 million ... Biden’s use of the word “oligarchy” was no accident — it’s a direct reference to the form of government in Russia, whose ...