U.S. tech stocks tumbled after Chinese startup DeepSeek unveiled a low-cost AI chatbot, sparking concerns about the sky-high ...
DeepSeek is a Chinese AI company founded by Liang Wenfang, co-founder of a successful quantitative hedge fund company that ...
China’s DeepSeek is disrupting AI, Big Tech & the music industry—drawing comparisons to TikTok. As AI reshapes industry tools ...
Nvidia Corp. investors have typically rushed to buy the stock on any dips. But the mood since the DeepSeek-driven rout has ...
DeepSeek’s AI models reportedly rival OpenAI’s for a fraction of the cost and compute.
Nvidia lost 17% in one session, wiping out $600 billion in market value, the biggest one-day loss for a single stock in ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
One of the biggest stories from last week underscores just how critical AI has become—not just for Silicon Valley, but for America’s national security.
Nvidia and Tesla – all significant AI players), it would have been a lot less. It is not surprising that around the world, the initial stock market reaction to DeepSeek has been brutal.
DeepSeek’s worth is estimated between $1 billion and $150 billion, but its secretive nature makes it difficult for investors to pinpoint an exact value.
Chip export controls were supposed to prevent China from rivaling U.S.-based gen AI. DeepSeek got around that, and tougher rules may not do much better.
If DeepSeek does make AI software more widespread, that could drive more uses and boost demand for Nvidia's chips. Following ...