Tuesday, February 17, 2026 at 4:00 AM
AI developers in China are leveraging the Lunar New Year to offer various promotions, including free tea and car usage, to attract users, similar to strategies seen during the Super Bowl in the U.S.
A group of state-linked funds has stepped in and unloaded holdings to cool things down when investors get too rosy.
The allegations mirror those made by OpenAI, which told House lawmakers that DeepSeek used ‘distillation’ to improve AI models.
U.S. equity and bond markets shuttered for Presidents Day, though futures tied to equities rose in Europe. The Lunar New Year closed trading floors in China and South Korea.
Neil Shen has long bridged both countries, from working at Sequoia after Yale to his own firm
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