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DeepSeek, AI
A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging
US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America’s technology industry.
Trump calls China’s DeepSeek AI app a ‘wake-up call’ after tech stocks slide
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
Chip stocks set for recovery after DeepSeek shock; Nvidia drops
Chip stocks in the U.S. and Europe rose on Wednesday for a second straight day, recovering from a punishing selloff triggered by China's low-cost DeepSeek artificial intelligence tool at the start of the week.
Meta defends $65bn AI spend
Meta defends $65bn AI spend after DeepSeek rise
Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake of Chinese AI app DeepSeek's sudden rise. Chief executive Mark Zuckerberg said to investors on Wednesday there was a lot to learn from DeepSeek,
Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”
Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI
Meta is doubling down on AI spending despite markets briefly panicking over concerns DeepSeek will reduce AI demand. © 2024 TechCrunch. All rights reserved. For personal use only.
9h
on MSN
DeepSeek Panic Live Updates: Nvidia Stock Drops 4%—As Trump Reportedly Mulls China Chip Sale Restrictions
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company ...
1d
on MSN
What is DeepSeek, the Chinese AI startup shaking up tech stocks and spooking investors?
Chinese tech startup DeepSeek released a model of its AI service that seemingly is on-par with U.S.-based competitors like ...
2d
DeepSeek: all the news about the startup that’s shaking up AI stocks
DeepSeek’s ChatGPT competitor quickly soared to the top of the App Store, and the company is disrupting financial markets, ...
14h
on MSN
ASML Stock Erases DeepSeek Selloff. Why the CEO Thinks Cheap AI Is a Blessing.
The company reported fourth-quarter earnings of 6.85 euros ($7.14) a share on sales of €9.3 billion, beating expectations.
2d
on MSN
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 ...
1d
How DeepSeek’s AI Model Impacts AVGO Stock?
Broadcom’s business relies heavily on their networking products, which are crucial for data transfer in AI systems. If the ...
1d
on MSN
What is DeepSeek, the Chinese AI company upending the stock market?
A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and ...
UVA Today
13h
Q&A: What Is DeepSeek, the Bargain AI Roiling the Stock Market?
A Chinese company’s cut-rate computing solution has upended the tech world, with companies, investors and even the U.S.
2d
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
14h
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
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