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Even as market jitters over the DeepSeek sell-off dragged down tech stocks, industry giants posted robust earnings this week, with several reporting billion-dollar revenue gains driven by sustained demand for AI and cloud infrastructure.

Carlos Slim, the Mexican billionaire and one of the world’s richest individuals, has reduced his stake in BT Group for the first time since his initial investment in the company.

SoftBank is reportedly in talks to increase its investment in OpenAI, potentially injecting up to $25 billion into the ChatGPT maker.

Yann LeCun, Meta’s chief AI scientist, claimed the market reaction to DeepSeek was “woefully unjustified” and that open source research powered the Chinese startup's meteoric rise, not its hardware.

Zayo Group is reportedly leading the pack to acquire Crown Castle’s assets, including its fibre and small cell businesses, in a deal potentially valued at more than $8 billion.

President Trump has unveiled plans to introduce hefty tariffs on semiconductors made in Taiwan to encourage chip manufacturers to bring production to the US.

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