NVIDIA Corporation

The new AI will focus on agent-based thinking to perform routine tasks instead of the user

DeepSeek is preparing a new AI model to compete with OpenAI - Bloomberg 

Tesla, Inc.

An AI-enabled assistant from local developers is already installed in the Chinese version of the Tesla Model Y Long Range, unveiled on Aug. 19

Tesla plans to put AI from Deepseek and TikTok owner into cars in China

Bullish

Cisco Systems, Inc.

Bitcoin rose to a new record price, topping $124,000. Chinese startup DeepSeek postponed the launch of its R2 model due to failed attempts to train it on Huawei Ascend chips, highlighting the technological gap between Chinese processors and Nvidia. Igor Babushkin, co-founder of xAI, left Elon Musk's company to launch his own fund, Babuschkin Ventures, to invest in secure AI. In turn, the crypto exchange Bullish successfully held an IPO, ending the first day of trading with a growth of almost 90% and a capitalization of over $10 billion. About these and other topics - in our review of key events on the morning of August 14.

Highlights for the morning: bitcoin breaks records, xAI co-founder leaves, DeepSeek in trouble

Alphabet Inc.

Nvidia has placed an order for 300k H20 chips from TSMC amid renewed US approvals for shipments to China. Meanwhile, in China, startup Z.ai has released an open-source AI model, GLM-4.5, capable of running on just eight H20 chips - yet claiming to be a leader in efficiency, competing with DeepSeek and OpenAI. In the autonomous transportation market, Waymo, an Alphabet company, has announced it will launch a robotaxi in Dallas in 2026 in partnership with Avis. On these and other topics - in our review of key events for the morning of July 29.

Highlights for this morning: Nvidia ramps up chip production for China and a new DeepSeek competitor

This is also good news for Chinese equities

Nvidia to resume sales of powerful AI chips to China after Trump's softening of stance

Caris Life Sciences, Inc.

Slide Insurance Holdings, Inc.

MiniMax, a Chinese competitor of DeepSeek, has begun preparations to list in Hong Kong.&nbsp;Spanish casino chain Cirsa has decided to raise up to 460 million euros in its first IPO this year in Madrid. Shares in cancer diagnostics developer Caris Life Sciences and Miami-based home insurer Slide Insurance soared after listing in the US. The main events on the IPO market during the week are in our selection.

#DeepSeek: 6