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China’s latest AI model claims to be even cheaper to use than DeepSeek

The World Artificial Intelligence Conference kicked off in Shanghai on Saturday, July 26, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese companies are making smarter artificial intelligence models that are increasingly cheaper to use, echoing key aspects of DeepSeek’s market-shaking breakthrough. Startup Z.ai, formerly known as Zhipu, announced Monday that its new GLM-4.5…

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IonQ hires former JPMorgan Chase applied research head

Marco Pistoia, Global Technology’s Head of Applied Research and Engineering at JP Morgan. Source: JP Morgan IonQ has hired the former head of applied research at JPMorgan Chase to help corporate clients of the quantum firm adopt next-generation hardware, algorithms and security, CNBC has learned. Marco Pistoia, who was head of JPMorgan’s internal research group…

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