Day: January 28, 2025

Senator Ted Cruz established an official investigation into Panama’s violation of the Canal Treaty, which would give President Trump the green light to retake it by any means necessary.

“President Trump is making a serious and substantive argument that that treaty is being violated. Right now, this committee has jurisdiction under the Senate rules over the Panama Canal, and today, we will examine evidence of potential violations.” “Panama has emerged as a bad actor. Panama has for years flagged dozens of vessels in the Iranian ghost fleet, which brought Iran tens of billions of dollars in oil profits to fund terror across the world. And Chinese companies have won contracts, often without fair competition.” submitted by /u/XGramatik [link] [comments]

EUR/USD tumbles as USD’s appeal strengthens on DeepSeek concerns

EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave interest rates unchanged, while the ECB is set to cut them by 25 bps, both this week. US Treasury Bessent proposes a 2.5% tariff hike universally, which will increase at the same pace every month. submitted by /u/Demblin [link] [comments]

“Being on the side of reality and facts is so against the narrative… they’re willing to ignore an increase in all-cause mortality.” Joe Rogan and Tony Hinchcliffe on Canada’s drastic drop in life expectancy since 2020:

“It’s not like there was a gigantic medical intervention that was forced upon the population during that time. And you’re not allowed to that say or you’re a conspiracy theorist.” “These people are in a f#@king trance, because being on the side of reality and facts is so against the narrative… that they’re willing to ignore excess deaths, they’re willing to ignore an increase in all-cause mortality.” “And they’re the ‘trust the science’ people, but only when it leans to their favour.” submitted by /u/FXgram_ [link] [comments]

Shruti Mishra: He is Liang Wenfeng, CEO of DeepSeek AI. 🚀5 years ago, he walked away from Wall Street to chase a dream. His insane journey will blow your mind.

https://preview.redd.it/m0ksvpoi4qfe1.png?width=680&format=png&auto=webp&s=5145d040fbeeb38896c582939965a9cad3e87e56 Before DeepSeek, Liang was the genius behind Huanfang Quantitative, an AI-powered hedge fund that crushed Wall Street. His algorithms predicted market trends with scary accuracy. But Liang wasn’t satisfied. He saw a bigger problem to solve: AI for everyone, not just the elite. https://preview.redd.it/sjrpaxul4qfe1.png?width=679&format=png&auto=webp&s=08eaf7811c7450e15af91608e5cc4cbe754929d3 In 2015, at just 30, Liang launched High-Flyer, a hedge fund that now manages $8B in AUM. He made a fortune, but his dream was bigger—building “human-level AI.” He pitched this side hustle to his partners, but they were skeptical. Liang pressed on. https://preview.redd.it/6thhkypo4qfe1.png?width=680&format=png&auto=webp&s=73cb5f091d235bbadc09882de3aae91c47a916d9 In 2021, he made a bold move: buying 10,000 Nvidia H800 chips. He brought his top hedge fund employees on board—experts at squeezing maximum power from GPUs. Then in 2023, DeepSeek was born. A tiny team, relentless execution, and no shortcuts. https://preview.redd.it/sqbmah5r4qfe1.png?width=743&format=png&auto=webp&s=9c56447a838ff6709604aa4e9e59e12340636cc3 To win the AI race, Liang hired dozens of PhDs from China’s top universities: Peking, Tsinghua, Beihang. He paid salaries rivaling Bytedance, refusing to settle for anything less than the best. “DeepSeek will be the leading local AI company,” he said. https://preview.redd.it/6tznv8zt4qfe1.png?width=680&format=png&auto=webp&s=eb331a8d016955faa4624141593e9fca433c8c91 US export restrictions threatened to slow them down. Instead, the DeepSeek team got creative—developing new methods to train AI models like their V3 and r1 LLMs. The result? Models competitive with OpenAI and Anthropic at ~1/20th the cost. https://preview.redd.it/fnnfznsw4qfe1.png?width=680&format=png&auto=webp&s=7900374e0a5e1f513b6e38c79d1ae8f2c0a26eee Liang isn’t afraid to share. DeepSeek published their groundbreaking methods in a paper co-authored by 200+ researchers. The company’s transparency fuels innovation, but critics question how they’ve achieved such rapid efficiency. https://preview.redd.it/msju19gz4qfe1.png?width=680&format=png&auto=webp&s=cb5ef8384ad5bd16045719510d941a1938bc8c08 Today, DeepSeek is at the top of the App Store, used by hedge funds, startups, and everyday people alike. And Liang? He turned down a $10B acquisition offer. “DeepSeek isn’t for sale. It’s a mission,” he said. https://preview.redd.it/w7srj3f25qfe1.png?width=680&format=png&auto=webp&s=1cf88f996e747118e28575f4f4d18af7039fb35f When he’s not revolutionizing AI, Liang explores deep-sea caves. “Sometimes, the answers are deep below the surface,” he says. As per 2022 data: 38% of the top-tier AI talent in the U.S. are Chinese vs 37% American. His story proves that vision + relentless hustle = unstoppable. What’s your mission? https://preview.redd.it/6j0hzlu55qfe1.png?width=643&format=png&auto=webp&s=675a10637a2e4b6150437a0a45728088c90d640f submitted by /u/XGramatik [link] [comments]