DeepSeek said it spent only $5.6 million developing its model—peanuts when compared with the billions U.S. tech giants have ...
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market selloff in March 2020 that the ...
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy ...
Nvidia stock dropped more than 11% as a social media panic over the potential rise of a Chinese AI model upended chip stocks ...
Jan. 27, 12:30 p.m. ET U.S. stocks got walloped Monday: The S&P 500 was down about 2% at 12:30 p.m. EST, and the tech-heavy ...
By Sinéad Carew, Amanda Cooper and Ankur Banerjee LONDON/SINGAPORE (Reuters) - Investors made a quick exit from a host of ...
Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and ...
The steep decline follows the rise of DeepSeek, a Chinese AI company whose low-cost, open-source AI model has sparked fears ...
Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess ...
Chinese AI company DeepSeek released an open-source LLM called DeepSeek R1, becoming the buzziest AI chatbot since ChatGPT.
Fears that the AI gold rush could be under threat rocked Wall Street on Monday following the emergence of a ChatGPT like ...