China outmanoeuvred the US with the launch of DeepSeek. But the US’s biggest tech companies are fighting back in the AI race.

This shift is illustrated by the explosive growth in the company’s AI business, now boasting an annual revenue run rate exceeding $13 billion—a staggering 175% jump year-over-year. Without a doubt, ...

The biggest deal came from Silicon Valley, where a consortium involving Alphabet CEO Sundar Pichai and Microsoft CEO Satya ...