Chinese artificial intelligence startup DeepSeek announced adjustments to its API pricing for V4-Pro and V4-Flash models. The organisation plans to introduce a new structure featuring both peak and off-peak rates. These changes are scheduled to become effective on Aug 17. A company statement provided these details.

Britain's economy exhibits clear indications of benefiting from the global artificial intelligence boom. According to Reuters, recent data details rapid growth in associated industries and a substantial increase in computer hardware investment. The Office for National Statistics confirmed an economic expansion of 0.4 per cent during the last quarter, with the information and communications sector contributing almost half of this figure.

According to Reuters, Meta, owner of Facebook and Instagram, stated it had removed more than 750,000 accounts suspected of being held by Australians under 16 years of age. This action follows a world-first ban on teen accounts in Australia. The company indicated it would take further measures amid potential regulatory intervention.