SBS News

Alibaba Unveils New AI Model, Rivaling Kimi with 2.4 Trillion Parameters According to Reuters, this model is comparable in scale to Moonshot AI's popular "Kimi K3" AI product launched last month. SBS Aug 3, 2026 4:50 PM

DeepSeek's New Model Praised for Overwhelming Cost-Efficiency… "1/105th of Claude" According to AI performance analytics firm Artificial Analysis, benchmark tests showed that the API model of the latest version "V4-Flash," officially released by DeepSeek on July 31, has an operating cost of about 1/105th compared to Anthropic's Claude Fable 5. SBS Aug 3, 2026 4:47 PM

"European Wildfire and Heatwave Damages Exceed 5 Trillion Won" The Financial Times reported on the 3rd that, according to its own data analysis, damages in the five countries hardest hit by wildfires and heatwaves—France, Spain, Portugal, Greece, and Romania—reached 3.1 billion euros, significantly surpassing the European Commission's estimate of 2.5 billion euros. SBS Aug 3, 2026 4:44 PM

U.S. Military Sends Emails Seeking Ideas to Punish Iran President Donald Trump The U.S. Central Command , which is currently at war with Iran, has sent emails to military analysts asking for ideas on how to punish Iran, CNN reported on the 3rd . SBS Aug 3, 2026 4:42 PM

US Military Seeks 'Ideas to Punish Iran' From Analysts President Donald Trump The U.S. Central Command , engaged in a war with Iran, has sent an email to military analysts asking for ideas to punish Iran, CNN reported. SBS Aug 3, 2026 4:40 PM

Yen Hits 40-Year Low: US and Japan Join Forces to Defend Financial Markets and Japanese authorities on July 31 to buy yen in response to its depreciation is seen as stemming from a shared understanding that the currency's slide to a roughly 40-year low required halting excessive weakness. SBS Aug 3, 2026 4:18 PM

UEFA Warns FIFA of Potential Legal Action, Demands Preservation of Documents The Union of European Football Associations has notified the International Federation of Association Football that it is reviewing potential legal action over FIFA's plan to sell equity stakes in the World Cup tournament. SBS Aug 3, 2026 3:35 PM

Tens of Thousands Flock to Ceuta Demanding Entry... Most Fatalities Caused by Drowning Spanish authorities stated on the 2nd local time that the latest compiled death toll stood at 72. SBS Aug 3, 2026 3:18 PM

"Look, There's a Tornado": Unprecedented Disasters Strike Simultaneously Southern Brazil has suffered severe damage from a series of storms that brought a tornado, large hail, strong winds, and torrential downpours all at once. SBS Aug 3, 2026 3:17 PM

At Least 14 Killed in Suicide Bombing Targeting Anti-Militant Rally in Pakistan At least 14 people were killed in a bomb attack targeting an anti-militant rally in northwestern Pakistan, where militant attacks and clashes persist. SBS Aug 3, 2026 1:55 PM