Economy

Economy Latest News

Upstart DeepSeek faces heightened scrutiny as AI wows
Upstart DeepSeek faces heightened scrutiny as AI wows
by  AFP

With around six million dollars and a stockpile of chips acquired before Washington banned their export to China, startup DeepSeek has produced what Chinese tech titans couldn't -- a world-class AI chatbot.

Spanish economy shines in 2024 with 3.2% growth
Spanish economy shines in 2024 with 3.2% growth
by  AFP

The Spanish economy expanded 3.2 percent last year thanks to buoyant exports and consumption that have made it one of the fastest-growing developed countries, official data showed on Wednesday. Exports in the European Union's fourth-largest economy grew three percent year-on-year in the final quarter of 2024 and household consumption increased 3.7 percent.