The development of AI
Deepseek releases AI code – the move worries the West
Chinese AI startup Deepseek plans to make parts of its code public starting next week. In doing so, the company adopts a more transparent strategy than American competitors OpenAI and Meta. Bloomberg reports.
Deepseek has quickly made its mark in the AI industry by creating a language model that has so far outperformed its competitors in tests. Now the company is opening up five code repositories to researchers and developers, including information about training methods.
The decision strengthens the trend towards more open AI platforms and has inspired Chinese tech giants such as Baidu to do the same. At the same time, it raises concerns in countries such as the US and Australia, where the spread of advanced AI technology is seen as a security risk.
The development of AI
Sources: Meta cuts back on option programs – invests in AI
Tech giant Meta is reducing some of the bonuses for staff this year, writes the FT, citing sources.
Specifically, it concerns the option program, which is being reduced by 10 percent. The money will instead go to finance the company's AI investments.
The option program constitutes the largest part of the staff's compensation, along with basic salary and other annual bonuses. The shares are distributed gradually and become available once a quarter over a four-year period.
Deepseek releases AI code – the move worries the West
Chinese AI startup Deepseek plans to make parts of its code public starting next week. In doing so, the company adopts a more transparent strategy than American competitors OpenAI and Meta. Bloomberg reports.
Deepseek has quickly made its mark in the AI industry by creating a language model that has so far outperformed its competitors in tests. Now the company is opening up five code repositories to researchers and developers, including information about training methods.
The decision strengthens the trend towards more open AI platforms and has inspired Chinese tech giants such as Baidu to do the same. At the same time, it raises concerns in countries such as the US and Australia, where the spread of advanced AI technology is seen as a security risk.
The development of AI
Sources: Meta cuts back on option programs – invests in AI
Tech giant Meta is reducing some of the bonuses for staff this year, writes the FT, citing sources.
Specifically, it concerns the option program, which is being reduced by 10 percent. The money will instead go to finance the company's AI investments.
The option program constitutes the largest part of the staff's compensation, along with basic salary and other annual bonuses. The shares are distributed gradually and become available once a quarter over a four-year period.
Heat pumps in Europe are in the dark: “The sector is under pressure”
The European heat pump market had a difficult last year. In 2024, sales fell 23 percent compared to the previous year, according to recent statistics from the industry association EHPA.
A total of 2 million heat pumps were sold during the year, which can be compared with 2.6 million units sold in 2023. As a result, 4,000 jobs have disappeared during the year.
– The heat pump sector is under pressure but far from being eliminated, says EHPA Secretary General Paul Kenny in a comment.
The worst development was in Belgium with a sales decline of 52 percent, followed by the important Nibe market Germany, which fell 48 percent. The UK went against the tide and noted a larger sales increase, driven by government subsidies.
Analyst: German elections could trigger a stock market rally in Europe
The German stock market is facing a potential boost if conservative Friedrich Merz forms a government with the social democratic SPD and the Greens, which would likely benefit small and medium-sized companies. This is according to Forte Securities analyst Emmanuel Valavanis.
- This would in turn trigger a broader stock market rally throughout Europe, he tells Bloomberg.
Defense stocks such as Rheinmetall could benefit from increased appropriations, Vonovia from relaxed building regulations and Eon from energy policy measures. The automotive, chemical and industrial sectors could be supported by tax cuts, while Deutsche Bank and Allianz could benefit from financial reforms.
Defense investments increase – risk of “huge bottleneck”
Defense investments in Europe are increasing sharply after the US demands for greater European responsibility. Experts warn that the industry may find it difficult to meet demand quickly.
– It could be a huge bottleneck, says Martin Lundmark at the Swedish National Defense University to TT.
Denmark is increasing its defense budget by approximately 75 billion Swedish kronor, and several countries, including Sweden, are planning similar investments. The Secretary General of the Security and Defense Companies, Robert Limmergård, emphasizes that the money is there, but that time is short.
– Now the countries have chosen to acquire, and are trying to acquire, equipment as quickly as they can. But it also has to be delivered, he tells the news agency.
The European heat pump market had a difficult last year. In 2024, sales fell 23 percent compared to the previous year, according to recent statistics from the industry association EHPA.
A total of 2 million heat pumps were sold during the year, which can be compared with 2.6 million units sold in 2023. As a result, 4,000 jobs have disappeared during the year.
– The heat pump sector is under pressure but far from being eliminated, says EHPA Secretary General Paul Kenny in a comment.
The worst development was in Belgium with a sales decline of 52 percent, followed by the important Nibe market Germany, which fell 48 percent. The UK went against the tide and noted a larger sales increase, driven by government subsidies.
Analyst: German elections could trigger a stock market rally in Europe
The German stock market is facing a potential boost if conservative Friedrich Merz forms a government with the social democratic SPD and the Greens, which would likely benefit small and medium-sized companies. This is according to Forte Securities analyst Emmanuel Valavanis.
- This would in turn trigger a broader stock market rally throughout Europe, he tells Bloomberg.
Defense stocks such as Rheinmetall could benefit from increased appropriations, Vonovia from relaxed building regulations and Eon from energy policy measures. The automotive, chemical and industrial sectors could be supported by tax cuts, while Deutsche Bank and Allianz could benefit from financial reforms.
Defense investments increase – risk of “huge bottleneck”
Defense investments in Europe are increasing sharply after the US demands for greater European responsibility. Experts warn that the industry may find it difficult to meet demand quickly.
– It could be a huge bottleneck, says Martin Lundmark at the Swedish National Defense University to TT.
Denmark is increasing its defense budget by approximately 75 billion Swedish kronor, and several countries, including Sweden, are planning similar investments. The Secretary General of the Security and Defense Companies, Robert Limmergård, emphasizes that the money is there, but that time is short.
– Now the countries have chosen to acquire, and are trying to acquire, equipment as quickly as they can. But it also has to be delivered, he tells the news agency.
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