Sam Altman, the chief of Microsoft-backed OpenAI, is planning his first visit to India in two years, scheduled for February 5, according to sources.
The visit may include meetings with Indian government officials and is aimed at strengthening OpenAI’s presence in India, which is its second-largest market by user base after the United States.
Altman’s 2023 visit involved discussions with Prime Minister Narendra Modi on the role of AI in India’s tech ecosystem.
OpenAI faces legal challenges in India, including a copyright infringement lawsuit initiated by ANI, India’s news agency, which claims OpenAI has violated copyright laws.
The lawsuit has attracted support from Indian book publishers and prominent media outlets. OpenAI maintains it uses publicly available data under fair use principles and disputes Indian jurisdiction over the case.
The legal issues come amid growing competition from DeepSeek, a Chinese AI rival that recently surpassed ChatGPT in the Apple App Store in the United States.
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Ireland’s Data Protection Commission (DPC) has requested information from DeepSeek, the Chinese artificial intelligence company, regarding its data processing practices involving Irish users.
The request pertains to how DeepSeek handles data subjects within Ireland, despite not having designated Ireland as its EU headquarters.
The DPC typically oversees data protection for major U.S. tech companies with European operations in Ireland, but its reach now extends to DeepSeek due to the company’s potential processing activities in the EU.
Response and Implications:
The DPC’s inquiry suggests heightened scrutiny of global AI companies, particularly as they expand into regions with stringent data protection laws, such as the General Data Protection Regulation (GDPR) in the EU.
DeepSeek’s response to the DPC’s request could set a precedent for future regulatory oversight of AI firms operating in Europe.
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ASML, a leading chip equipment maker, exceeded expectations in its fourth-quarter bookings, reaching 7.09 billion euros ($7.39 billion), compared to the forecasted 3.99 billion euros, driven by booming demand in the AI sector.
The surge in orders reassures investors about the future prospects of AI chips, despite a recent sell-off triggered by DeepSeek’s AI model, which requires less computing power than competing models.
ASML shares rose 7.5% to 695 euros, peaking at 722 euros during the trading day.
AI Boom and Impact on ASML’s Outlook:
CEO Christophe Fouquet expressed optimism, stating that AI has strengthened demand for ASML’s most advanced equipment.
DeepSeek’s AI model raised concerns over whether companies like Google, Microsoft, Meta, and Amazon would continue their heavy investments in AI chips. Despite this, Fouquet remains confident that as AI model costs decrease, demand for chips and advanced manufacturing tools will increase.
ASML reported a net income of 2.7 billion euros for the fourth quarter, surpassing analyst expectations. The company’s 2025 sales forecast remains between 30-35 billion euros, reflecting expected growth driven by the AI chip boom.
Market Position and Forecasts:
ASML’s largest customer, TSMC, remains a key player in the chip industry, manufacturing chips for firms like Nvidia and the aforementioned tech giants. Despite DeepSeek’s impact, the growth in AI-related demand for chips continues to drive TSMC’s capital expenditure.
ASML’s US market accounted for 28% of sales in Q4, with China following closely. The shift is due to TSMC’s Arizona expansion and Intel’s investments in ASML’s high-tech EUV tools.
However, ASML expects its China sales to decline to 20% of total sales in 2025 due to ongoing export restrictions imposed by the US and Dutch governments on national security grounds.
