Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.

Here’s what you need to know about DeepSeek, the Chinese AI startup that rattled markets as its app dethroned OpenAI's as the most-downloaded free app in the U.S. on Apple.

DeepSeek’s AI assistant became the No. 1 downloaded free app on Apple’s iPhone store Monday, propelled by curiosity about the ChatGPT competitor. Part of what’s worrying some U.S. tech industry observers is the idea that the Chinese startup has caught up with the American companies at the forefront of generative AI at a fraction of the cost.

By some measures, Boston’s startup ecosystem has been left far behind Silicon Valley in the race to develop artificial intelligence. But the shocking emergence of Chinese AI chatbot DeepSeek could actually help Boston catch up.

The sudden rise of Chinese artificial intelligence company DeepSeek "should be a wake-up call" for US tech firms, said President Donald Trump. On Monday, DeepSeek's new AI assistant overtook Open AI's ChatGPT in the US as the most downloaded free app on Apple's App Store.