Wall Street is tumbling Monday on fears that the market's winners who have feasted on the AI frenzy are under threat from a ...
Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
Competing with OpenAI’s o1, DeepSeek’s models scored higher on benchmarks and disrupted the AI market, sparking debates on ...
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the ...
The recent AI advances by Chinese upstart DeepSeek could be the beginning of a potential nightmare scenario that Nvidia Corp. Chief Executive Jensen Huang has been worrying about since the chip ...
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction ...
DeepSeek’s AI assistant became the No. 1 downloaded free app on Apple’s iPhone store Monday, propelled by curiosity about the ...
Global investors dumped tech stocks amid the emergence of a low-cost Chinese AI model, leaving Nvidia with a record one-day ...
DeepSeek’s claims that it cost mere millions to build fanned fears that the huge investments into AI by U.S. firms are ...
The Japanese yen gave up some of the safe-haven driven gains on Tuesday as investors grappled with the potential implications ...
Last week, DeepSeek launched a free AI assistant that it says uses less data at a fraction of the cost of incumbent services.
Nvidia faced a catastrophic 16.9% drop in its stock price today, its worst day on Wall Street since March 2020. The sell-off was caused by Chinese AI company ...