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Nvidia Aided China's DeepSeek In Advancing Powerful AI Models Later Linked To Military Use, House Committee Chair Alleges: Report

A U.S. lawmaker has alleged that Nvidia Corp (NASDAQ:NVDA) provided technical assistance to Chinese AI startup DeepSeek. Nvidia Technical Support Allegedly Boosted DeepSeek's Efficiency Nvidia helped DeepSeek improve the efficiency of its artificial intelligence models, according to a letter sent to the U.S. Commerce Department by Rep. John Moolenaar (R-Mich.), chair of the House Select Committee on China. The letter, seen by Reuters on Wednesday, says documents obtained by the committee show th

Business

Hilton Grand Vacations Bets on Bluegreen Merger to Reshape Timeshare Landscape

Hilton Grand Vacations is moving to integrate its recent acquisition of Bluegreen Vacations, a strategic push aimed at achieving cost savings and unlocking cross-selling potential across an expanded resort network. The success of this complex merger is seen as a critical test of HGV's operational prowess and its ability to compete more effectively in the vacation ownership sector.