Summarize this content to 2000 words in 6 paragraphs in Arabic Good morning. In today\u2019s newsletter: China\u2019s emboldened AI industryTrump presses Modi on trade relationshipHow Pakistan\u2019s military is taking over its economy Chinese artificial intelligence groups raced to push out their latest products before the lunar new year holiday, as Silicon Valley came to grips with the sector\u2019s major advances led by start-up DeepSeek.On Monday, the eve of China\u2019s most important annual holiday, the Hangzhou-based company released a new open-source model for image generation, cementing its reputation as the disrupter-in-chief in a field previously dominated by US giants. It followed model releases from tech giant Alibaba and start-ups Moonshot and Zhipu.\u201cThis is the equivalent of dropping a massive release on Christmas Eve. We\u2019ve all been working overtime to get stuff out before the holiday,\u201d said one product manager at a large language model start-up.DeepSeek\u2019s breakthrough has prompted panic in the US about the advances Chinese labs are making while on bootstrapped budgets and facing US chip restrictions. But in China, industry insiders say it is feeding into a newfound \u201cconfidence\u201d that will spur investment. Read the full story. Here\u2019s more coverage of the AI upheaval: Nvidia rebounds: The US chipmaker led Wall Street technology stocks higher yesterday following the previous day\u2019s sell-off.OpenAI responds: Chief executive Sam Altman said he would fast-track product releases and \u201cdeliver much better models\u201d after DeepSeek\u2019s breakthrough undermined Silicon Valley\u2019s lead in the global AI arms race.\u2018Irrational\u2019 markets?: The hit to shares of asset managers and other companies caught up in Nvidia\u2019s rout on Monday shows \u201cthe irrationality of markets\u201d, says billionaire distressed debt investor Howard Marks.Why Nvidia investors are spooked: DeepSeek\u2019s claim of a $5.6mn AI breakthrough wiped almost $600bn from Nvidia\u2019s market value on Monday, yet many in Silicon Valley believe the broad sell-off is an overreaction.And here\u2019s what else we\u2019re keeping tabs on today:Economic data: Australia reports December CPI inflation rate data.US interest rate decision: The Federal Reserve is not expected to cut interest rates today but the US central bank\u2019s policy is already under scrutiny from President Donald Trump.Results: Tata Motors, Tesla, ASML, Meta and Microsoft report earnings.Lunar new year: Financial markets are closed across east and south-east Asia for the holiday. India\u2019s Budget this Saturday will decide the economic future of the world\u2019s most populous country in a crucial year. Have questions? Email us at firstft@ft.com or hit \u201creply\u201d and remember to include your name and where you\u2019re writing from. We\u2019ll answer them in a special weekend edition of the newsletter.Five more top stories1. US President Donald Trump has pushed India\u2019s Prime Minister Narendra Modi to buy more American-made weapons, as he called for the countries to rebalance their trade relationship in a call late on Monday. The two leaders cultivated a close relationship during Trump\u2019s first term, but analysts pointed to several areas of friction between the countries under the new US administration.2. Exclusive: SoftBank is in talks to lead a funding round for robotics start-up Skild AI that would more than double its valuation to close to $4bn, as Masayoshi Son hunts for deals to match his vaunted ambitions for the sector. US-based Skild wants to build the world\u2019s first AI \u201cbrain\u201d for robots.3. HSBC will shut down key parts of its investment banking business in the UK, Europe and the Americas, as part of chief executive Georges Elhedery\u2019s plan to overhaul its operations. The bank said it would keep \u201cmore focused\u201d M&A and equity capital markets capabilities in Asia and the Middle East. Here\u2019s what else we know.4. International hotel groups are expanding in China and converting unoccupied office blocks to hotels as they look to target younger, more cost-conscious travellers. Hyatt, IHG and Radisson are all opening new hotels in China as demand for expensive hotel rooms in the country falls. 5. A test aircraft built by a US start-up has broken the sound barrier for the first time during a flight, potentially paving the way for the return of supersonic commercial travel more than 20 years since Concorde\u2019s final flight.The Big ReadPakistan\u2019s army has always had an outsized role in the nation\u2019s politics, but in recent years, the tentacles of the military have extended even further, deep into the country\u2019s economy. The armed forces have become intimately involved in everything from canal projects to energy contracts. Investors are increasingly nervous.We\u2019re also reading\u2009.\u2009.\u2009.\u2009Graphic of the dayChina has built up control of critical minerals across the developing world over the course of two decades through a network of at least 26 state-backed financial institutions, according to new research. Here\u2019s what the report revealed about Beijing\u2019s lending abroad.Take a break from the news\u2009.\u2009.\u2009.\u2009Hong Kong\u2019s traditionally male-dominated restaurant scene has undergone a generational shift, and today many of its most exciting and talented chefs are women. Meet three of the best.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Good morning. In today\u2019s newsletter: China\u2019s emboldened AI industryTrump presses Modi on trade relationshipHow Pakistan\u2019s military is taking over its economy Chinese artificial intelligence groups raced to push out their latest products before the lunar new year holiday, as Silicon Valley came to grips<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-184372","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/184372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=184372"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/184372\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=184372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=184372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=184372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}