China’s DeepSeek AI is hitting Nvidia where it hurts
A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the US this week, dethroning OpenAI’s ChatGPT as the most downloaded free app.
Nvidia tumbles and tech stocks slide premarket as China's DeepSeek spooks AI investors
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT while costing far less.
Chip Stocks Tumble After China’s DeepSeek AI Models Raise Doubts Over U.S. Tech Dominance
Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals despite using inferior chips.
Rise of China's DeepSeek hammers Nvidia and other AI chip shares
HONG KONG -- Expectations that China's DeepSeek will unleash a new era of cost-efficient large language model training for artificial intelligence are weighing on shares of Nvidia and other advanced AI chip-related companies, which fell in both the U.S. overnight and Asia on Monday.
Nvidia shares fall after China's DeepSeek AI release triggers tech stock selloff
DeepSeek, founded by quant fund chief Liang Wenfeng released its latest AI model just last week and is now seen as a competitor to OpenAI and Meta Platforms Inc
Why China Startup DeepSeek Could Spell Trouble For Nvidia, AI Stocks
China's DeepSeek is roiling AI stocks as Wall Street mulls demand for Nvidia chips and huge capital spending by tech industry giants.
Stocks Sink as Investors Worry About China’s A.I. Advances
Premarket trading implied steep declines for U.S. markets, with the pain concentrated at companies at the forefront of the ...
China's DeepSeek sparks AI market rout
Technology shares around the world slid on Monday as a surge in popularity of a Chinese discount artificial intelligence ...
China's ChatGPT moment: Tech stocks fall as U.S. lead in AI race may be at risk
Tech stocks slide as Chinese AI startup DeepSeek triggers fears of China overtaking the U.S. in the AI race. Read more.
Tech stocks plunge as China ‘delivers AI wake-up call’
Venture capitalist Marc Andreessen, a close advisor to Trump, described it as “AI’s Sputnik moment” - a reference to the ...
Nasdaq futures tumble as China's AI push rattles Big Tech
Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial ...
Global Tech Stocks Plunge as China’s DeepSeek Undercuts Rivals
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Who is Liang Wenfeng, the founder of DeepSeek, China's OpenAI rival?
Chinese artificial intelligence (AI) research lab DeepSeek gained global attention after it released its open-source AI model ...
China to host world’s first foot race between humans and humanoid robots
China is organising the world’s first foot race between humanoids and humans in April, an event that could boost Beijing ’s ...
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China commits CAD 177B to drive AI innovation and security
On January 23, the Bank of China presented the "Action Plan for Supporting the Development of the Artificial Intelligence ...